5,476 SqFt
5,476 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5476.0
Square Footage 5,476 sqft
Price per Sqft $561
Subdivision Capitol Hill
MLS Listing ID A2311508
Year Built 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 4 plex
Property Description
The location is simply unmatched. Situated in Capitol Hill,you are literally steps from SAIT Polytechnic,one of Canada's largest post secondary institutions with over 40,000 students and staff actively seeking quality housing. Add close proximity to the University of Calgary,Foothills Medical Centre,you have a virtually inexhaustible pipeline of high quality tenants- students,healthcare professionals,faculty,and downtown professionals. With downtown Calgary just 12 minutes away,the Jubilee C Train station nearby,and 16th Avenue providing direct arterial access across the city,this location commands premium rents and near zero vacancy year round.
The property delivers approx 5500 sq.ft. of above grade living space across 4 beautifully designed two storey townhome style units,each complemented by a fully legal 530 sq.ft. basement suite with its own private entrance. The 4 upper units each offer an open concept main floor with modern kitchen,living and dining areas plus a second floor of with spacious bedrooms and full bathrooms. The 4 legal basement suites each provide 530 sq.ft of bright,efficiently designed living space with fully private,separate entrances.
The property also includes a detached 4 car garage plus dedicated mobility storage.
From an investment standpoint,Capitol Hill's rental market is driven by persistent post secondary demand,near zero vacancy,Calgary's no-rent-control environment,and continued inner-city intensification. With 8 fully legal,rentable doors in a market where quality supply is chronically constrained,this property is positioned to deliver strong,stable cash flow. This property also qualifies for CMHC MLI Select financing,offering potential access to 95% LTV,50 year amortization,and significantly enhanced leverage,subject to lender and CMHC approval. Opportunities like this fully built,fully legal,8 units,steps from SAIT do not come available often. Contact us today and arrange a private showing before this one is gone.
Location
Province AB
County Cal Zone Cc
Community Schools Nearby, Shopping Nearby
Area Cal Zone Cc
Zoning RCG
Direction NW
Interior
Interior Features Granite Counters, Kitchen Island, Open Floorplan, Pantry, Separate Entrance, Tankless Hot Water, Vinyl Windows
Inclusions Fridgex8, Stovex8, Microwavex8, Washerx4, Dryerx4, Washer and Dryer Combox4
Furnishings Unfurnished
Fireplace No
Laundry In Unit
Exterior
Parking Features Quad or More Detached
Community Features Schools Nearby, Shopping Nearby
Roof Type Shingle
Total Parking Spaces 4
Garage Yes
Building
Lot Description Private
Dwelling Type Four Plex
Foundation Poured Concrete
New Construction Yes
Others
Restrictions None Known
Nearby Locations
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