Save
Ask
Tour
Hide
Share
$3,000,000
48 Days On Site

301 5 Avenue NE
Calgary, AB T2E0K9

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,176
SqFt
$418
/SqFt
2016
Built
Subdivision:
Crescent Heights
County:

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

301 5 Avenue NE301 5 Avenue NE301 5 Avenue NE301 5 Avenue NE
Save
Ask
Tour
Hide
Share

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 rateWhether you continue as a short-term rental host or explore other investment strategies, this property checks every box. (id:31684)

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$3,000,000
Days On Site 
48 Days
Bedrooms 
N/A
Inside Area (SqFt) 
7,176 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1371 Acres
Year Built 
2016
MLS® Number 
A2234866
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Parking Spaces 
4
Property Sub Type 
Multi Family
SqFt Total 
7176
Stories 
Three Or More
Save
Ask
Tour
Hide
Share

Listing courtesy of: Denis B. Hrstic of Comox 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
Save
Ask
Tour
Hide
Share