Investment opportunity. Up/down 4 plex, just one block from 26 Ave in Bankview in 16 street. This area is big enough to a brand new condo building units, with maximum floor area ratio of 2.5. Each unit is 820 sq.ft. Mix of 3 -2 beds and 1 - 1 bed. Had recently upgraded to newer kitchen cabinet and flooring, newer bath room vanity. Monthly rent is $7,080.00, gross $84,960, net operating income is $72,196.56 making cap rate 5%. Great cash flow and holding property for redevelopment.
For sale
C$1,449,000
2619 16th St SW, Calgary, AB T2T 4G3
--beds
--baths
3,903sqft
Quadruplex
Built in 1958
-- sqft lot
$-- Zestimate®
C$371/sqft
C$-- HOA
What's special
Newer kitchen cabinetNewer bathroom vanity
- 115 days |
- 13 |
- 0 |
Zillow last checked: 8 hours ago
Listing updated: August 26, 2025 at 06:00am
Listed by:
Kerry Lau, Associate,
Trec The Real Estate Company
Source: courtesy of Pillar9 System,MLS®#: A2249523
Originating MLS®#: Calgary
Originating MLS®#: CalgaryFacts & features
Interior
Cooling
- None
Appliances
- Included: Built-In Electric Range, Dryer, Refrigerator, Washer
Features
- Separate Entrance
- Flooring: Laminate, Tile
- Basement: Full
Interior area
- Total interior livable area: 3,902 sqft
Property
Parking
- Total spaces: 4
- Parking features: Concrete, Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Two,2 Storey
- Stories: 2
- Patio & porch: None
- Exterior features: None
- Frontage length: 12.19M 40`0"
Lot
- Size: 5,227.2 Square Feet
Details
- Parcel number: 101321860
- Zoning: M-C2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Wood Frame
- Foundation: See Remarks
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Electric: Generator
- Sewer: Public Sewer
- Water: See Remarks
- Utilities for property: See Remarks
Community & HOA
Community
- Features: Other
- Subdivision: Bankview
HOA
- Amenities included: None
Location
- Region: Calgary
Financial & listing details
- Price per square foot: C$371/sqft
- Date on market: 8/18/2025
- Inclusions: built-in electric range, dishwasher, washer, dryer, refrigerator
Kerry Lau, Associate
(403) 270-4060
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.
Price history
Price history
Price history is unavailable.
Public tax history
Public tax history
Tax history is unavailable.Climate risks
Neighborhood: Bankview
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.
- Loading
