2518 16, Calgary, CAL Zone CC - $3,750,000

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GoTopLevel

REAL ESTATE BROKERAGE

403.217.0003

Office

2518 16 - Main Image
New 2 Days
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137 Photos
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Property Highlights

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Description

Investor Alert – This Bankview multifamily development offers a rare opportunity to acquire a high-yield, Currently approved for 5 Plex with option to be 8 Plex, luxury finishes, prime location, and long-term financing at a low 3.5% rate, this investment offers exceptional ROI with projected 47.2% annual returns. Ideal for investors seeking low-maintenance income and significant capital appreciation. Contact us for pro forma, rent roll, and detailed financial package. Brand New 6-Plex. potential to 8 Plexes currently they are 4 main dwelling size 1900 average each total 7600 sqf above grade. 4 legal basement average 600 sqf total 2400 sqf which mean 10,000 of living space the basement legal suit are in the process of being legal suits by the city of calgary. Prime Calgary SW (Bankview) Rental Income Potential: Main units: $3,500 – $4,500/month Basement suites: $1,500/month Total projected rent: $20,000 – $24,000/month Similar nearby units rent at $30/sq. ft., underscoring the income potential. Key Investment Highlights: Eligible for CMHC Select Financing – reduce financing costs and increase ROI Located in a high-demand rental area with proven stability Turnkey setup—ready for immediate income generation Ideal for short- and long-term appreciation in a growth-oriented market Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside. Hurry—this opportunity won’t last long! Contact us today to schedule a viewing

Key Features

Double Garage Attached
Garage Door Opener
Garage Faces Front
Hardwood
Vinyl Plank

Essential Information

MLS® #100122029
Price$3,750,000
Original Price$4,100,000
Bedrooms Total0
Total Bathrooms0
Total Square FootageN/A sq ft
Living Area7,600 sq ft
Lot SizeN/A
Year Built2025
Garage Spaces8
Total Parking16
Property TypeMulti-Family
Property Sub-Type4 plex

Property Timeline & History

Current Status

Active Active

112
Days on Market
Listed for Sale
April 24, 2025

Price History

Original Price:$4,100,000
Current Price:$3,750,000
Price reduced by $350,000

Listing Status

StatusActive
Days on Market112

Additional Details

Garage Spaces8
Postal CodeT2T 4E9