2526 16 Street , Calgary, Alberta T2T 4E9 For sale

$4,100,000

Area 7600 sqft
Year Built 2025
Car Parking 16
Type Multi-Family

About 2526 16 Street

Investor Alert – Brand New 6-Plex in Prime Calgary SW (Bankview)Seize this rare opportunity to own a brand-new luxury 6-plex in the heart of prestigious Bankview, one of Calgary’s most desirable Southwest communities. With over 7,600 sq. ft. of total living space, this purpose-built income property is designed for maximum cash flow, featuring legal basement suites in every unit for enhanced flexibility and rental yield.Each building includes 4 spacious main dwellings, ranging from 1,830 to 1,950 sq. ft., paired with legal one-bedroom basement suites between 400 and 550 sq. ft. The second garage in each unit has been cleverly repurposed to expand the basement, creating more livable space, while still offering a single attached garage and double driveway per unit for ample parking.?? Rental Income Potential:Main units: $3,500 – $4,500/monthBasement suites: $1,500/monthTotal projected rent: $20,000 – $24,000/monthSimilar nearby units rent at $30/sq. ft., underscoring the income potential.Key Investment Highlights:Eligible for CMHC Select Financing – reduce financing costs and increase ROILocated in a high-demand rental area with proven stabilityTurnkey setup—ready for immediate income generationIdeal 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 or request the investor package. (id:51989)

Features of 2526 16 Street

  • MLS® Number A2214661
  • Price $4,100,000
  • Square Footage: 7600 sqft
  • Property Type: Multi-Family
  • Community Name: Bankview
  • Parking Space Total 16
  • Plan 2741p
  • Structure Deck

Buildings

Constructed Date 2025 Construction Style Attachment Attached
Flooring Type Hardwood Stories Total 2
Size Interior 7600 Sqft Total Finished Area 7600 Sqft
Type Multi-family

Parking

Attached Garage 2

Land

Acreage No Size Total Text Unknown
Zoning Description M-cg

Agents and Offices

  • Ahmed Ramadan
  • Office: First Place Realty
  • Aerial
  • Walking Score
What's Nearby

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