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$3,750,000
67 Days On Site

2518 16 Street SW
Calgary, AB T2T4E9

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,600
SqFt
$493
/SqFt
2025
Built
Subdivision:
Bankview
County:

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2518 16 Street SW2518 16 Street SW2518 16 Street SW2518 16 Street SW
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Investor Alert – This Bankview multifamily development offers a rare opportunity to acquire a high-yield, fullytenanted 8-unit asset with legal suites and luxury finishes. Backed by solid rent fundamentals, primelocation, and long-term financing at a low 3.5% rate, this investment offers exceptional ROI withprojected 47.2% annual returns. Ideal for investors seeking low-maintenance income and significantcapital 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/monthBasement suites: $1,500/monthTotal projected rent: $20,000 – $24,000/monthSimilar nearby units rent at $30/sq. ft., underscoring the income potential.Key Investment Highlights:Eligible for CMHC Select Financing – reduce financing costs and increase ROILocated in a high-demand rental area with proven stabilityTurnkey setup—ready for immediate income generationIdeal 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 (id:31684)

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Listing Snapshot
Price 
$3,750,000
Days On Site 
67 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,600 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2025
MLS® Number 
A2214661
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS®
4 days agoPrice changed to $3,750,000
2 months agoListing first seen on site
General Features
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Parking 
Attached
Parking Spaces 
16
Property Sub Type 
Multi Family
SqFt Total 
7600
Stories 
Two
Interior Features
Flooring 
Hardwood
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Listing courtesy of: Ahmed Ramadan of First Place Realty

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. These trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR®) and/or the quality of services they provide (MLS®).

This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association.

Neighborhood & Commute
Source: Walkscore
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