2518 16 Street SW, Calgary, Alberta, T2T 4E9
2518 16 Street SW, Calgary, Alberta, T2T 4E9
Bankview, Calgary
- $3,750,000
- $3,750,000
- A2214661
- 7600.00
- 2025
Property Description
Investor Alert – This Bankview multifamily development offers a rare opportunity to acquire a high-yield, Currently approved for 5 Plex with option to be 8 Plex, luxury finishes, prime location, and long-term financing at a low 3.5% rate, this investment offers exceptional ROI with
projected 47.2% annual returns. Ideal for investors seeking low-maintenance income and significant
capital 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/month
Basement suites: $1,500/month
Total projected rent: $20,000 – $24,000/month
Similar nearby units rent at $30/sq. ft., underscoring the income potential.
Key Investment Highlights:
Eligible for CMHC Select Financing – reduce financing costs and increase ROI
Located in a high-demand rental area with proven stability
Turnkey setup—ready for immediate income generation
Ideal 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
Property Details
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Property Type 4 plex, Full Duplex, Multi-Family
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MLS Number A2214661
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Property Size 7600.00 sqft
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Garage 1
-
Year Built 2025
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Property Status Active
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Parking 16
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Brokerage name First Place Realty
Features & Amenities
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