An exceptional turnkey investment opportunity in the heart of South Calgary, this fully legal fourplex sits on a prime 50' x 125' lot in one of the city's most sought-after neighborhoods. Each of the four self-contained units boasts two bedrooms, in-suite laundry, a dedicated furnace, and a separate electrical panel. The two front units include an additional two-piece bathroom and private balconies, while the south-facing backyard provides ample outdoor space for tenant enjoyment.
This property has been well-maintained and thoughtfully upgraded over the years, including new windows installed just last year. With four assigned parking stalls and plenty of room for a future four-car detached garage, it offers both immediate rental income and future development potential. Tenants pay their own utilities, as all units are separately metered for gas, heat, and water.
Situated just minutes from downtown, Marda Loop, and the lively 17th Avenue district, this property is in an area known for its strong rental demand, excellent amenities, and unbeatable walkability. An investor’s dream, this well-maintained fourplex assures consistent cash flow and attracts quality tenants year-round.
Data was last updated March 31, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$1,290,000
Min list price:
$479,900
Max list price:
$3,200,000
Avg days on market:
22
Min days on market:
2
Max days on market:
118
Avg price per sq.ft.:
$571.68
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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