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1923 26 Avenue SW, Calgary, Alberta T2T 1E4
About This Property
Fully leased investor opportunity in Marda Loop, generating $226,800 in annual rental revenue with an assumable MLI Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts, 4 bedrooms, 3.5 bathrooms, and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal, while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft, while lower units offer 678 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, two fireplaces (main level and penthouse), oversized kitchen islands, and large windows for plenty of natural light, with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal, minimizing upkeep for ownership. Located steps from downtown, transit, and Marda Loop's vibrant amenities, this fully operational, cash-flowing asset delivers thoughtful design, efficient studio systems, and strong long-term rental demand — a rare, turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property, and please do not disturb the tenants.
Key Features
- Built in 2025
- Basement: Finished, Full, Separate entrance
- Detached Garage, Garage Parking
- Fully air conditioned
Property Details
Size
Interior
Building
Parking
Land
Financial
What’s nearby
- Richmond SchoolPublic (CBE) 650 m8 min walk
- Calgary Arts Academy — Knob Hill CampusGrades K-3 650 m8 min walk
- North Point School for Boys 800 m10 min walk
- Mount Royal SchoolPublic (CBE) · Grades 7-9 1000 m12 min walk
Distances are straight-line. Catchment areas change, so confirm the designated school with the Calgary Board of Education or Calgary Catholic School District.
- Blush Lane Organic Market 700 m9 min walk
- Safeway 1.1 km14 min walk
- Global Variety Store 1.2 km16 min walk
- 26 Ave & 20th Street Park 200 m3 min walk
- Bankview Playing Field 450 m6 min walk
- 22 Street Park 550 m7 min walk
- Shaganappi PointCTrain station 1.9 km23 min walk
- Downtown West–KerbyCTrain station 2.3 km29 min walk
Tap a place for directions. Places from OpenStreetMap contributors.
Estimated Monthly Payment
Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.
- Mortgage$16,968
- Property tax$1,940
- Estimated total$18,907/mo
View on REALTOR.ca
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