Bankview luxury fourplex–high returns

2316 16 St SW, Calgary, AB T2T 4E7, Canada
$1,159,000
For Sale
  • 2316 16 St SW, Calgary, AB T2T 4E7, Canada
  • 1,159,000

Description

Discover a prime investment with this fully upgraded, M-C1 zoned fourplex in highly sought-after Kingsland—a turnkey property with a flawless rental history and zero vacancies, perfect for launching or expanding your real estate portfolio. Just steps from Chinook Centre, parks, and major transit routes, the property was rebuilt in 2018 from the concrete frame out, featuring modern finishes, energy-efficient windows, new appliances, in-suite laundry, storage, and private entrances for each of the four 2-bedroom units. Lower units offer walk-out access to the backyard, and tenants enjoy ample parking. With strong market rents ($1,550 upper, $1,400 lower—$70,800 annually) and room for future increases, this property offers immediate positive cash flow and long-term appreciation. 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. City-assessed at $1,290,000. All units are currently rented. Call today to secure this exceptional investment property.

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MLS® #A2206809

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Details

  • Bathrooms: 4
  • Bedrooms: 4
  • For Sale By: Owner

Location

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