Listing Details

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

 

Data was last updated 2025-11-23 at 11:05:04 GMT

623 68 Avenue SW   Calgary, Alberta

$1,050,000
MLS®: A2269015
Open house 1 pm-3 pm Saturday Nov 15, 2025. Build your generational wealth with an entry into multifamily ownership. For the price of a house or half-duplex, own an upgraded M-C1-zoned fourplex in highly sought-after Kingsland?turnkey and perfectly located. Steps from Chinook Centre, parks, and major transit routes, the property was rebuilt in 2019 from the concrete frame out. Each spacious 938-sq-ft, 2-bedroom unit features modern finishes, granite countertops, new appliances, energy-efficient windows, in-suite laundry, private entrances, separate meters, and storage. Lower units offer walkout access to the backyard, and tenants enjoy ample parking. Due to their high returns, 4plexes rarely come up for sale. Rental income for 2024 was $63,220 after discounts for long-term tenants, with potential to optimize to $84,000 ($1,850 upper, $1,650 lower) plus future increases. Because housing is essential, multifamily rentals provide one of the most recession-resistant income streams?offering stability that jobs and most businesses can't. Live in 1 unit and rent the other 3, or rent all 4 to maximize income. Rental income counts toward mortgage qualification, making it easier to secure financing. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. The current owner retired several years ago and is moving on to large projects?creating a rare opportunity to acquire a proven, low-maintenance, income-generating asset with no vacancy or insurance-claim history. City-assessed at $1,290,000. Call today to secure this exceptional investment property.

Open house 1 pm-3 pm Saturday Nov 15, 2025. Build your generational wealth with an entry into multifamily ownership. For the price of a house or half-duplex, own an upgraded M-C1-zoned fourplex in highly sought-after Kingsland?turnkey and perfectly located. Steps from Chinook Centre, parks, and major transit routes, the property was rebuilt in 2019 from the concrete frame out. Each spacious 938-sq-ft, 2-bedroom unit features modern finishes, granite countertops, new appliances, energy-efficient windows, in-suite laundry, private entrances, separate meters, and storage. Lower units offer walkout access to the backyard, and tenants enjoy ample parking. Due to their high returns, 4plexes rarely come up for sale. Rental income for 2024 was $63,220 after discounts for long-term tenants, with potential to optimize to $84,000 ($1,850 upper, $1,650 lower) plus future increases. Because housing is essential, multifamily rentals provide one of the most recession-resistant income streams?offering stability that jobs and most businesses can't. Live in 1 unit and rent the other 3, or rent all 4 to maximize income. Rental income counts toward mortgage qualification, making it easier to secure financing. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. The current owner retired several years ago and is moving on to large projects?creating a rare opportunity to acquire a proven, low-maintenance, income-generating asset with no vacancy or insurance-claim history. City-assessed at $1,290,000. Call today to secure this exceptional investment property.

Listing Information

Prop. Type:
Detached
Property Style:
Bungalow
Status:
Active
City:
Calgary
Bedrooms:
8
Full Bathrooms:
4
Neighbourhood:
Kingsland
Area:
Calgary
Province:
Alberta
MLS® Number:
A2269015
Listing Price:
$1,050,000

General Information

Year Built:
1960
Total Square Feet:
1864ft2

Additional Information

Basement Dev:
None
Parking:
Additional Parking, Converted Garage

VIP-Only Information

Sign-Up or Log-in to view full listing details:
Sign-Up / Log In
This property is listed by Datong Property Management Ltd. 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.
Free Form HTML
Widget that allows you to enter free form html.

JIM BEATTY 

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