Luxury fourplex with garden view

Description
$1198000

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. Rental income can be used for mortgage qualification, making it easier to secure financing. 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!

Please call or text as I don't check OKz.ca frequently.

MLS® #A2206809
When you call please mention you found this ad listing on OKz.ca

Contact Information

Contact Person:Charlie
Address:2316 16 Street Southwest, Calgary, AB
City:Calgary
Phone:403-926-XXXX (Show)
Asking Price:$1198000

Other Information

Bathrooms:4
Bedrooms:4
For Sale By:Owner

Related Listings

Wanted: Looking for my next investment property

Wanted: Looking for my next investment property

Contact for price | Calgary

Address: 44th Street Southeast, Southeast Calgary, Calgary, AB, Calgary

5 Bedroom House for Sale in Playa del Carmen

5 Bedroom House for Sale in Playa del Carmen

$1400300 | Calgary

Address: Calgary, AB T2G 1N3, Calgary

CoralSprings Beautiful 2000SF 2Story,DblGar,Finishbsmt,Availimed

CoralSprings Beautiful 2000SF 2Story,DblGar,Finishbsmt,Availimed

Contact for price | Calgary

Address: Calgary, AB T3J 4K5, Calgary

SELLER FINANCING -214, 75 Evanscrest Common NW Calgary

SELLER FINANCING -214, 75 Evanscrest Common NW Calgary

Contact for price | Calgary

Address: 75 Evanscrest Place NW #214, Evanston, Calgary, AB, Calgary

SELLER FINANCING -214, 75 Evanscrest Common NW Calgary

SELLER FINANCING -214, 75 Evanscrest Common NW Calgary

Contact for price | Calgary

Address: 75 Evanscrest Place NW #214, Evanston, Calgary, AB, Calgary


Charlie

On OKz since February, 2018

403-926-XXXX


Posted on: 15/05/2025 @ 06:22 am

Copyrights © 2025 OKZ.CA all rights reserved.