Listing Details

For more information on this listing or other please contact me.

 

Data was last updated 2025-08-26 at 13:00:06 GMT

2619 16 Street SW   Calgary, Alberta

$1,449,000
MLS®: A2249523
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.

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.

Listing Information

Prop. Type:
4 plex
Property Style:
2 Storey
Status:
Active
City:
Calgary
Neighbourhood:
Bankview
Area:
Calgary
Province:
Alberta
MLS® Number:
A2249523
Listing Price:
$1,449,000

General Information

Year Built:
1958
Total Square Feet:
3903ft2

Additional Information

Basement Dev:
Finished, Full
Parking:
Concrete Driveway, Parking Pad

Other Information

Site Influences:
None

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This property is listed by Trec The Real Estate Company and provided here courtesy of Jim Beatty. For more information or to schedule a viewing please contact Jim Beatty.
Jim Beatty
Remax Landan Real Estate
Phone: 403-607-5801
Mobile Phone: 403-607-5801
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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JIM BEATTY 

RE/MAX Landan Real Estate 
#102, 279 Midpark Way SE
Calgary, Alberta T2X 1M2