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$4,250,000
Alberta,Calgary
For Sale Active
1224 20 Avenue NW, Calgary, Alberta T2N2K4
  • 9,356 Sqft
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Basic Details
Description

Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol HillExceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder, offering long-term durability and strong tenant appeal.The property features 5 upper units and 5 fully

legal suites below, all fully rented with zero vacancy, providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts, each offering 3 bedrooms, 2.5 bathrooms, open-concept living spaces, private primary retreats, and private patios. All upper units are equipped with central air conditioning, further enhancing tenant comfort and desirability.Each of the 10 units includes in-suite laundry, providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering favorable financing options for qualified buyers.Additional highlights include 5 rear parking stalls, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment.Ideally located with quick access to downtown, and close to amenities, shopping, transit, and excellent schools, this property is well-positioned for long-term rental demand. (id:62650)

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Basic Details
  • Property Type: Residential Income
  • Listing Type: For Sale
  • Listing ID: A2300913
  • Price: $4,250,000
  • Square Footage: 9,356 Sqft
  • Year Built: 2025
  • Status: Active
  • Property Attached Yn: 1
  • Property Sub Type: Multi-family
  • Office Key: 295791
Address Map
  • Location: CA, Alberta, Calgary, Capitol Hill, T2N2K4
  • Street: 20
  • Street Number: 1224
  • Street Suffix: Avenue
  • Longitude: W115° 54' 40.7''
  • Latitude: N51° 4' 14.8''
  • Street Dir Suffix: Northwest
Additional Information
  • Lot Size Dimensions: 557.00
Financial
  • Tax Annual Amount: 4718
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Listing updated: 2026-05-14 19:59:17
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Listing Information
  • List Agent Key: 1688034
  • List Office Key: 295791
  • Modification Timestamp: 2026-04-10T22:55:57Z
  • Originating System Name: Calgary Real Estate Board
  • Status Change Timestamp: 2026-04-10T22:45:57Z
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Listing updated: 2026-05-14 19:59:18
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