$4,250,000.00 9,356 Sq.ft

1224 20 Avenue NW, Calgary. T2N 2K4

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.

Listing Information

Prop. Type:Commercial
Status:Active
MLS #:A2300913
City:Calgary
Neighbourhood:Capitol Hill
Province:Alberta
Building/Unit Size: 9,356 sq.ft
Land Size:0.14 Acre
Listing Price:$4,250,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Multi Family
Transaction Type:For Sale
Land Use Code:H-GO
Listing Contract Date:2026-04-10

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "The Real Estate District" listing brokerage.

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