2526 16 Street SW, Calgary, Alberta
$3,900,000
- 7,600 Square Feet
Investor Alert – Brand New 8-Plex. currently they are 4 main dwelling size 1900 average each total 7600 sqf above grade. 4 legal basement average 600 sqf total 2400 sqf which mean 10,000 of living space the basement legal suit are in the process of being legal suits by the city of calgary. Prime Calgary SW (Bankview)Rental Income Potential:Main units: $3,500 – $4,500/monthBasement suites: $1,500/monthTotal projected rent: $20,000 – $24,000/monthSimilar nearby units rent at $30/sq. ft., underscoring the income potential.Key Investment Highlights:Eligible for CMHC Select Financing – reduce financing costs and increase ROILocated in a high-demand rental area with proven stabilityTurnkey setup—ready for immediate income generationIdeal for short- and long-term appreciation in a growth-oriented market Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside.Hurry—this opportunity won’t last long! Contact us today to schedule a viewing (id:23309)
- Listing ID: A2214661
- Property Type: Multi-family
- Year Built: 2025
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 2526 16 Street SW in Calgary Ontario. It was last modified on April 25th, 2025. Contact Jonathan Varkey to schedule a viewing or to discover other Calgary real estate for sale.