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2518 16 Street SW
Calgary
T2T 4E9
$3,900,000
Multi-Family
7,600 sq. ft.
built: 2025
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2214661
- Year Built:
- 2025
- Photos (49)
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Investor Alert – Brand New 8-Plex. 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 Type:
- Multi-Family
- Property Sub Type:
- Full Duplex
- Transaction Type:
- For Sale
- Home Style:
- Attached-Side by Side
- Total Living Area:
- 7,600 sq. ft.
- Levels:
- Two
- Year built:
- 2025 (Age: 0)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 2741P
- New Constr.:
- Yes
- Structure Type:
- Duplex
- Ensuite:
- No
- Flooring:
- Hardwood
- Fireplace Details:
- Gas
- Garage:
- 1
- Garage Spaces:
- 8
- Parking:
- Double Garage Attached, Garage Door Opener, Garage Faces Front
- Parking Places:
- 16
- Parking Total/Covered:
- 16 / -
- Bankview (Calgary)
- non
- None Known
- Title to Land:
- Fee Simple
- Patio And Porch Features:
- Balcony(s), Deck
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-CG
- Listed Date:
- Apr 24, 2025
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Listed by First Place Realty
Data was last updated June 27, 2025 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 23
- Avg list price:
- $1,850,000
- Min list price:
- $899,000
- Max list price:
- $12,750,000
- Avg days on market:
- 37
- Min days on market:
- 12
- Max days on market:
- 172
- Avg price per sq.ft.:
- $464.7
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
