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$ 4,250,000
Est. payment /mo
Active
1224 20 AVE NW Calgary, AB T2N 2K4
9,356 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,356 sqft
Price per Sqft $454
Subdivision Capitol Hill
MLS Listing ID A2300913
Year Built 2025
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi Family
Property Description
Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol Hill
Exceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder,offering long-term durability and strong tenant appeal.
The property features 5 upper units and 5 fully legal suites below,all fully rented with zero vacancy,providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts,each offering 3 bedrooms,2.5 bathrooms,open-concept living spaces,private primary retreats,and private patios. All upper units are equipped with central air conditioning,further enhancing tenant comfort and desirability.
Each of the 10 units includes in-suite laundry,providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place,offering favorable financing options for qualified buyers.
Additional highlights include 5 rear parking stalls,professional landscaping,and a fully turnkey operation with professional property management in place,making this an ideal low-maintenance investment.
Ideally located with quick access to downtown,and close to amenities,shopping,transit,and excellent schools,this property is well-positioned for long-term rental demand.
Exceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder,offering long-term durability and strong tenant appeal.
The property features 5 upper units and 5 fully legal suites below,all fully rented with zero vacancy,providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts,each offering 3 bedrooms,2.5 bathrooms,open-concept living spaces,private primary retreats,and private patios. All upper units are equipped with central air conditioning,further enhancing tenant comfort and desirability.
Each of the 10 units includes in-suite laundry,providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place,offering favorable financing options for qualified buyers.
Additional highlights include 5 rear parking stalls,professional landscaping,and a fully turnkey operation with professional property management in place,making this an ideal low-maintenance investment.
Ideally located with quick access to downtown,and close to amenities,shopping,transit,and excellent schools,this property is well-positioned for long-term rental demand.
Location
Province AB
County Cal Zone Cc
Area Cal Zone Cc
Zoning H-GO
Direction NW
Interior
Fireplace No
Exterior
Total Parking Spaces 5
Garage No
Building
Dwelling Type Townhouse
Others
Restrictions None Known
Listed by The Real Estate District
NEARBY SCHOOLS & PROPERTIES
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