Calgary Realtor

$1,299,000 · For Sale
7726 & 7728 34 Avenue NW, Calgary, Alberta
1,986sq ft
708m² Lot
23Days on Market

About This Property

A rare opportunity to own a true purpose-built four-plex on a large lot in Bowness. Designed as four self-contained residences, the property features a four-corner layout with two units at the front and two at the rear, each with its own private entrance and functional two-level floor plan. Every unit offers a kitchen and living room on the main level, with two bedrooms, laundry and 1 bathroom downstairs, providing tenants with excellent separation between living and sleeping spaces. Each residence has its own furnace and hot water tank and is separately metered for gas and electricity, with tenants paying their own utilities. All four units also feature a private balcony and fully fenced yard, a major advantage for tenants with children or pets. The property includes rear parking for four vehicles, a storage shed, a roof replaced in 2016 and two recently replaced hot water tanks. Currently fully rented and generating $6,800 per month in rental income. Conveniently located close to transit, schools and shopping, helping attract a wide range of renters. A strong long-term investment in an established Calgary community with four purpose-built rental units and excellent tenant amenities.

Key Features

  • Built in 1969
  • Multi-Family
  • Freehold
  • Basement: Finished, Full, Separate entrance
  • Forced air, Natural gas Heat

Property Details

Community Bowness
Property Type Multi-family
Building Type Multi-Family
Year Built 1969
Ownership/Title Freehold
MLS® Number A2341586

Size & Land

Finished Area 1,986 sq ft
Land Size 708 m² Lot

Building Features

Basement Finished, Full, Separate entrance
Heating Forced air, Natural gas
Foundation Poured Concrete

Parking

Parking Spaces 4

Financial & Other

Property Taxes $6,111/yr

Location

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Map location is approximate.

Estimated Monthly Payment

$5,517/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 CIR Realty · Calgary Real Estate Board
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ED
Evans Dobey
REALTOR | CIR Realty
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