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$3,000,000
15 Days On Site

301 5 Avenue NE
Calgary, AB T2E 0K9

For Sale|Quadruplex|Active
0
Beds
0
Total Baths
7,176.3
SqFt
$418
/SqFt
2016
Built
Subdivision:
Crescent Heights
County:
Calgary

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301 5 Avenue NE301 5 Avenue NE301 5 Avenue NE301 5 Avenue NE
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Turnkey Investment Opportunity – Fully Furnished and Professionally Managed Airbnb 4-Plex in Prime Inner-City Location. Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value. Each spacious unit includes: 2300 Square Feet Of Livable Space Over 4 Levels | 4 Large Bedrooms, 4.5 Bathrooms | Large West Facing Patio | Spacious Bonus Room With Cozy Fireplace | Fully Finished Basement With Wet Bar And Single Detached Garage | Stylish, move-in-ready modern interiors curated for comfort and durability | The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you’re perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views. Key Highlights: Fully operational as a high-performing Airbnb short term rental. All furnishings included. Managed by professionals for a seamless, turnkey experience. Outstanding location. Immediate cash-flow potential with long-term upside. High-performing income property with 6.05% cap rate Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box.

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Listing Snapshot
Price 
$3,000,000
Days On Site 
15 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,176.3 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.14 Acres
Year Built 
2016
MLS® Number 
A2234866
Status 
Active
Property Tax 
$19,035
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
19 hours agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.14
Number Of Stories 
3
Parking Spaces 
4
Property Sub Type 
Quadruplex
SqFt Below 
2041.6
Stories 
Three Or More
Style 
3 (or more) Storey
Zoning 
M-CG d72
Interior Features
Appliances 
DishwasherMicrowaveCooktopWasherDryer
Window Features 
Window Coverings
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Exterior Features
Windows/Doors 
Window Coverings
Listing courtesy of Denis Hrstic of Comox Realty

Listing information is provided by Participants of the Alberta One Realty Listing Services (Pillar 9). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Alberta One Realty Listing Services (Pillar 9)
Last checked 2025-07-12 01:23 PM UTC

Neighborhood & Commute
Source: Walkscore
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