2316 16, Calgary, CAL Zone CC - $1,100,000

0
Bedrooms
0
Bathrooms
N/A
Sq Ft
0.11
Acres

GoTopLevel

REAL ESTATE BROKERAGE

403.217.0003

Office

2316 16 - Main Image
New 2 Days
19Photos
19 Photos
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Property Highlights

0
Bedrooms
0
Bathrooms
N/A
Sq Ft
4951
Lot Size

Description

Open house 12-2pm. Saturday Aug 02, 2025. Discover a prime investment with this luxury fourplex—fully upgraded, centrally located, and perfectly situated in Bankview—offering unbeatable rental appeal just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that reduces heating costs by 60%. Each of the four spacious 1-bedroom units (2,343 square feet total) has in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $67,200 annually ($1,500 upper, $1,300 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!

Key Features

Dishwasher
Dryer
Electric Stove
Refrigerator
Washer
Parking Pad
Laminate

Essential Information

MLS® #104162557
Price$1,100,000
Bedrooms Total0
Total Bathrooms0
Total Square FootageN/A sq ft
Living Area2,342 sq ft
Lot Size4,951 sq ft
Year Built1955
Total Parking4
Property TypeMulti-Family
Property Sub-Type4 plex

Financial Information

Annual Property Tax$7,264

Property Timeline & History

Current Status

Active Active

18
Days on Market
Listed for Sale
July 30, 2025

Listing Status

StatusActive
Days on Market18

Additional Details

Postal CodeT2T 4E7