$3,200,000
Est. payment /mo
6,000 SqFt
New
1832 17 Avenue NW Calgary, AB t2m0s2
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Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $533
Subdivision Capitol Hill
MLS® Listing ID A2236306
Year Built 1950
Lot Size 5,995 Sqft
Acres 0.1376377
Property Sub-Type Freehold
Source Calgary Real Estate Board
Property Description
Enhance your real estate portfolio with this premier new construction rental development in Capitol Hill, one of Calgary's most desirable inner-city communities. Scheduled for completion in the end of 2026, this purpose-built investment property consists of two buildings featuring a total of eight rental suites. Each building includes a spacious upper unit with three bedrooms and 2.5 bathrooms, as well as a well-appointed lower unit offering one bedroom with kitchen and full bathroom. A four-car detached garage with lane access provides added convenience and tenant appeal. Strategically located near downtown Calgary, 17th Avenue, parks, transit, and shopping, the property is ideally positioned to attract quality tenants and command above-average rents. Investors will appreciate the thoughtful design, superior construction, and long-term rental potential of these townhomes.The development is distinguished by its low-maintenance Hardy board exterior, high-efficiency HVAC systems, and durable finishes throughout—ensuring reduced operating costs and long-term durability. These modern, well-designed units are tailor-made for consistent cash flow and minimal upkeep. With estimated rents of $2,850 for upper suites ($2.10/sqft) and $1,450 for lower units ($2.20/sqft)Whether you're a seasoned investor or looking to diversify your holdings, this exceptional income-generating property offers the perfect blend of location, quality, and financial performance. For more information, contact us and take the next step toward securing a high-performing asset in Calgary's thriving rental market. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Others
Ownership Freehold
Listed by CIR Realty