Dobey Realty

$3,350,000 · For Sale
2550 19 Avenue SW, Calgary, Alberta
5,268sq ft
581m² Lot
32Days on Market

About This Property

An extraordinary turn-key multi-family 4Plex in Richmond Inner City Calgary. Featuring 8 distinct, revenue-generating units under a single title. 4 upper townhomes plus 4 legal basement suites for excellent rental income. Built for capital efficiency, this project is structured to potentially qualify for CMHC MLI Select financing, which can offer up to 95% Loan-to-Cost (as little as 5% down) and amortizations up to 50 years for eligible applicants. As a purpose-built multi-unit residential development with 4+ units, it may also qualify for the enhanced Federal GST Rental Housing Rebate — Additionally, as a purpose-built completely eliminating the 5% federal tax liability on completion under self-supply rules and putting tens of thousands back into the owner's capital account. Each of the 4 upper two-storey townhomes offers 1,317 sq. ft. of space with a main-floor open living/dining area, gourmet kitchen with island, half bath, and an upper level containing 3 bedrooms, 2 full baths (including primary en-suite), and laundry. The 4 lower legal suites each span 507 sq. ft. with a private entry, full kitchen, 1 bedroom, 4-piece bath, separate mechanicals, and in-suite laundry. A massive 1,012 sq. ft. 4-bay detached garage provides significant additional parking as well as rental income for tenant parking!Built to commercial-grade standards, the building features full interior fire sprinklers, separated electrical meters for direct tenant utility billing, and soundproofed party-wall assemblies. The main floor and basement ceilings come complete with 10' high ceilings and modern luxury finishes.An incredible location located in the heart of Richmond South West Calgary with easy access to downtown, Marda Loop, shopping and more!Contact today for floor plans, rental projections, and CMHC/GST financing details!

Key Features

  • Built in 2026
  • Multi-Family
  • Freehold
  • Basement: Finished, Full
  • Forced air, Natural gas Heat
  • Central air conditioning

Property Details

Community Richmond
Property Type Multi-Family
Building Type Multi-Family
Storeys 2
Year Built 2026
Ownership/Title Freehold
MLS® Number A2343660

Size & Land

Finished Area 5,268 sq ft
Land Size 581 m² Lot

Building Features

Basement Finished, Full
Heating Forced air, Natural gas
Cooling Central air conditioning
Foundation Poured Concrete

Parking

Parking Spaces 10

Financial & Other

Property Taxes $6,234/yr

Location

Get Directions →

Map location is approximate.

Estimated Monthly Payment

$14,228/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.

  • Mortgage$14,228
  • Property tax$520
  • Estimated total$14,748/mo
Customize This Estimate →
Listing courtesy of Century 21 Bravo Realty · Calgary Real Estate Board
View on REALTOR.ca

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