Calgary Realtor

$4,250,000 · For Sale
1224 20 Avenue NW, Calgary, Alberta
9,356sq ft
557m² Lot
166Days on Market

About This Property

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.

Key Features

  • Built in 2025
  • Multi-Family

Property Details

Community Capitol Hill
Property Type Multi-family
Building Type Multi-Family
Year Built 2025
MLS® Number A2300913

Size & Land

Finished Area 9,356 sq ft
Land Size 557 m² Lot

Parking

Parking Spaces 5

Financial & Other

Property Taxes $4,718/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$18,051/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

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Listing courtesy of The Real Estate District · Calgary Real Estate Board
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ED
Evans Dobey
REALTOR | CIR Realty
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