INVESTOR ALERT / BLOCKS AWAY FROM FUTURE TRAIN STATION / OVERSIZED CORNER LOT / TRIPLEX / INNER CITY NW LOCATION / CASH FLOWING PROPERTY. This property has unbelievable potential! Built as a legal TRIPLEX (with 3 electric meters in common area) but currently an illegal 4 Plex with 4 self contained 1 bedroom suites, potential to be converted to a legal 4 plex. Each unit has their own kitchen, full bathroom, living room, large windows, storage, parking stall, access to storage and common (coin op.) laundry. Located in the Northwest Community of Tuxedo that has plenty of bistros, pubs, shopping, greenspaces , schools and parks. This location is Strategically located on a major commuter bus route and very close to the future Train Station that the city is working on. The CORNER M-C1 Lot is 50 X 120 SF and would be a fantastic redevelopment site.More details
Prime inner-city redevelopment opportunity in Crescent Heights.
Positioned on a just under 60 x 100 lot and zoned M-CGd72 (Multi-Residential – Contextual Ground Oriented), this property offers exceptional potential for townhomes or a four-plex style development (City of Calgary confirmation required) in one of Calgary’s most sought-after infill communities.
M-CG is specifically designed to support ground-oriented multi-residential projects that align with the character of established neighbourhoods — making this an ideal site for builders looking to deliver high-demand product in a proven location.
Currently situated on the lot are two connected homes plus a detached garage. A couple of existing tenants provide income to help offset holding costs while development plans are finalized. Total of 5 units 9 bedrooms provide ton of opportunity. Whether you choose to hold short-term or move quickly toward redevelopment, the flexibility is there.
The location speaks for itself. Just off 16th Avenue and Centre Street NE, this site offers quick access to downtown, major transit corridors, restaurants, retail, and amenities. Crescent Heights continues to see strong buyer demand driven by walkability, skyline proximity, and ongoing area revitalization.
This is the type of parcel that rarely becomes available — multi-residential zoning already in place, eliminating much of the uncertainty developers often face.
For experienced infill builders/multi-family this represents a strategic acquisition:
• Established inner-city neighbourhood
• Multi-residential zoning in place
• Revenue-generating holding property
• Strong resale demand for ground-oriented product
Opportunities like this are becoming increasingly scarce in Crescent Heights.
Secure the land. Design the vision. Build what the market wants.More details
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Seize the opportunity to own a fully tenanted multifamily
fourplex in one of Calgary’s most desirable
inner-city communities. This well-maintained property
consists of two self-contained units, both fully leased,
generating a combined rental income of $7,450 per
month. Offering reliable cash flow from day one, this
turnkey investment combines immediate returns with
excellent long-term appreciation potential.
Located in the vibrant Bankview neighbourhood,
just minutes from downtown Calgary, the property
provides exceptional convenience for tenants. Its
prime inner-city location ensures quick commutes,
excellent transit access, and close proximity to
some of the city’s most popular lifestyle hubs,
including Kensington, 17th Avenue SW, and Marda
Loop. Bankview is known for its elevated city views,
character-filled streets, and walkable community
feel, making it a highly sought-after area for renters.
The location offers quick access to major commuter
routes, public transit, and a wealth of shopping,
dining, and recreational amenities.More details
6815 Centre Street NW | Investor Alert! | Rare Opportunity To Own A Well-Maintained 4-Plex In The Highly Sought-After Community Of Huntington Hills | 4 Separate Titles | All Four Units Are Spacious 3 Bedroom 2 Bath Two Storey Corner Units | Offering Excellent Functionality For Families With In-Suite Laundry & Full Basement | Nestled On A Large Lot With Ample Parking In The Alley | Situated Close To Schools, Transit, Shopping & Deerfoot Trail | Fully Rented With Strong Cash Flow | No Inside Pictures Of Other Units | New Torch On Membrane Roof (2009) | New Exterior Windows & Doors (2008) | Newer Kitchen Counters & Cabinets & Bathroom Vanities.More details
Here is the perfect investment, the hard work is all done for you . Just purchase and rent! This is a beautiful, very high quality, thorough renovation! A newly finished, legally suited side by side duplex on 7028SQFT Lot. The upper 2 units have had substantial facelifts and have been opened up with, new kitchens with quartz counter tops on the islands, new bathrooms, new flooring, all new light fixtures, all new appliances, private laundry, separate heating and their own electrical panels. The lower units are completely new starting from the framing out. They have 5 large, new egress windows, separate heating and electrical panels, private laundry and all new everything in each unit. The building has a new rubber membrane roof, new casement window's throughout, new fencing, new parking pads (for 8 vehicles off street) all with parking stops, new kitchen appliance throughout, new landscaping and front sod. The upper suites are 3 bedroom and a 4 pc bath, the lower units 2 bedroom and 4pc bath, all are bright and fresh. It is a single title to make for easier financing. Rents total $6400 per month; tenants pay their own utilities and must be assumed. Don't miss out...places like this don't come to market often...this is your chance.More details
424 Sabrina Road SW presents a rare opportunity to acquire a fully modernized, income-generating rare 3 bedroom units/1.5 bath/ fourplex in the established community of Southwood. With extensive renovations completed in 2024 and strong in-place rental income, this property is ideally suited for hands-off investors seeking reliable cash flow and long-term growth potential in Calgary’s southwest. Property Type: Fourplex (Bi-Level Configuration) Total Living Area: 5,028 sq. ft. (2,564 sq. ft. RMS + fully developed lower levels) 4 self-contained units Each unit includes 3 bedrooms and 1.5 bathrooms Year Built: 1972 Zoning: MC-1 (Medium-Density Low Profile Residential) Parking: 5 surface stalls, resurfaced in 2024, with ample street parking available Lot: Standard inner-city lot with retaining wall recently rebuilt Recent Renovations and Capital Improvements (2024) This property has undergone a complete transformation, both inside and out. All four units were fully renovated to appeal to today’s quality-conscious tenants while minimizing maintenance needs for ownership. Interior upgrades include: Fully renovated kitchens with granite countertops, brand new cabinets, and stainless steel appliances Bathrooms completely redone with new tubs, tile work, vanities, fixtures, and modern finishes Durable LVL plank flooring installed throughout both upper and lower levels Fresh paint, trim, and lighting updates throughout all units Exterior and mechanical upgrades: New energy-efficient windows and patio doors in each unit Separate furnaces, hot water tanks, and individual utility meters per unit Resurfaced parking lot with defined stalls Reconstructed retaining wall for long-term stability Updated exterior finishes to enhance curb appeal These renovations were designed with long-term durability, tenant satisfaction, and rental optimization in mind. Income and Financial Performance 424 Sabrina Road SW is fully leased with fixed one-year terms. All four units are currently rented at market rates, providing predictable and stable cash flow from day one. The gross rental income is $8,350 per month, or $100,200 annually. All tenants are responsible for their own utilities, thanks to separately metered systems. Key financial metrics: Gross Annual Rents: $100,200 Net Operating Income (NOI): Approx. $78,720 annually Cap Rate: 5.4% at asking price Utility Structure: All tenant-paid (gas, water, electricity) This property offers strong investment fundamentals with minimal projected maintenance, making it an excellent asset for portfolio stabilization or long-term wealth building. Bi-Level Design Advantage Unlike traditional up/down duplex configurations, each of the four units in this property features a full bi-level design. This provides tenants with more usable space and a layout that feels more like a single-family home, resulting in better tenant retention and increased rental appeal. buyer will accept current RPR.More details