AB > Calgary > Bankview
Calgary, AB T2T 4E7,2316 16 ST Southwest
Calgary, AB T2T 4E7,2316 16 ST Southwest
Calgary, AB T2T 4E7,2316 16 ST Southwest
Calgary, AB T2T 4E7,2316 16 ST Southwest
Calgary, AB T2T 4E7,2316 16 ST Southwest
Calgary, AB T2T 4E7,2316 16 ST Southwest
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Liz Kulcsar

Liz Kulcsar

+1(587) 438-1515
$ 1,198,000
Est. payment | /mo

1,176 SqFt

Save
$ 1,198,000
Est. payment | /mo
Save

1,176 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Square Footage 1,176 sqft

Price per Sqft $1,018

Subdivision Bankview

MLS® Listing ID A2206809

Year Built 1955

Lot Size 4,951 Sqft

Acres 0.11

Property Sub-Type 4 plex

Property Description

Why settle for a house or duplex when you can own a high-income fourplex for the same price? This fully upgraded, centrally located Bankview property offers unbeatable rental appeal—just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that cuts heating costs by 60%. The four spacious 1-bedroom units (2,343 square feet total) each have in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $72,000 annually ($1,600 upper, $1,400 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!

Location

State AB

County Calgary

Area Cal Zone Cc

Zoning M-CG

Interior

Flooring Laminate

Inclusions no

Appliance Dishwasher, Dryer, Electric Stove, Refrigerator, Washer

Laundry In Unit

Exterior

Parking Features Parking Pad

Community Features Park, Shopping Nearby

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Dwelling Type Four Plex

Foundation Poured Concrete

Structure Type Composite Siding

Others

Restrictions None Known

Tax ID 95258678

Listed by Datong Property Management Ltd.

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agent
Liz Kulcsar

Agent | CON-00086948

+1(587) 438-1515

# 700, 1816 CROWCHILD TRAIL NW, CALGARY, Alberta, T2M3Y7, Canada

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2316 16 ST Southwest