1241 5 Avenue NW, Calgary, Alberta, T2N 0S1
1241 5 Avenue NW, Calgary, Alberta, T2N 0S1
West Hillhurst, Calgary
- $2,200,000
- $2,200,000
- A2264673
- 1971
Property Description
Positioned in the heart of Calgary’s highly desirable Hillhurst neighborhood, 1241 5th Avenue NW offers a rare multifamily investment with both stability and upside. This two-story, eight- unit apartment building consists entirely of one-bedroom suites, each ranging between 485 and 529 square feet—making it an ideal asset for targeting the city’s growing population of students, young professionals, and downsizers who value inner-city living. Originally constructed in 1971, the property has seen several recent upgrades including a new hot water tank (2020), fresh luxury vinyl plank flooring throughout common areas, and modern balcony railings installed in 2023. While all units have received various levels of interior renovations over time, there remains considerable value-add potential for an investor seeking to modernize and reposition the asset to drive rental growth. With one parking stall per unit, solid building fundamentals, and a location steps from Riley Park, Kensington Village, and CTrain access, 1241 5th Avenue NW stands as a prime value-add opportunity in one of Calgary’s most walkable and sought-after urban communities.
Property Details
-
Property Type Commercial, Multi-Family
-
MLS Number A2264673
-
Year Built 1971
-
Property Status Active
-
Brokerage name CDN Global Advisors Ltd.
Features & Amenities
Similar Listings
Similar Listings
- $34
- $34
47 minutes ago
- $224,900
- $224,900
31 Restaurant NE, Calgary, Alberta, T3J4L9
- $224,900
- $224,900
3 hours ago
3 hours ago
- $250,000
- $250,000
4 hours ago
- $1,450,000
- $1,450,000
#2150 4250 109 Avenue NE, Calgary, Alberta, T3N 1A6
- $1,450,000
- $1,450,000
4 hours ago
4 hours ago
Are you interested in 1241 5 Avenue NW, Calgary, Alberta, T2N 0S1?
For over two decades, home buyers and sellers have come to depend on us for our expertise in buying and selling their properties.
LEt's Get Started
Work With Us
With years of experience helping local home Buyers and Sellers just like yourself in Cochrane and Calgary, Alberta, we know how to find the finest real estate properties and help you negotiate the best rates.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
