For sale

1224 20 Avenue Nw, Calgary, Alberta T2N 2K4

MLS® # A2300913

Price:

$4,250,000

Description

Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol HillExceptional 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. (id:51913)


Property Details

  Multi-Family
 9356 sqft

Key Details

STATUS
For sale
TYPE
Multi-Family
BUILT IN
2025
PARKING SPACES
5

Property Features

  • MLS® Number A2300913
  • Price $4,250,000
  • Square Footage: 9356 sqft
  • Property Type: Multi-Family
  • Community Name: Capitol Hill
  • ParkingSpaceTotal 5
  • Plan 3150p

Buildings

ConstructedDate 2025 SizeExterior 9356 Sqft
SizeInterior 9356 Sqft TotalFinishedArea 9356 Sqft
Type Multi-family

Land

Acreage No SizeIrregular 557.00
SizeTotal 557 M2|4,051 - 7,250 Sqft SizeTotalText 557 M2|4,051 - 7,250 Sqft
ZoningDescription H-go

Agents and Offices

  • Adil Thobani
  • Office: The Real Estate District
Address
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