2550 19 Avenue Sw , Calgary, Alberta T3E 1W9 New For sale

$3,350,000

Area 5268 sqft
Basement Type Full (Finished)
Year Built 2026
Car Parking 10
Type Multi-Family

About 2550 19 Avenue Sw

An extraordinary turn-key multi-family 4Plex in Richmond Inner City Calgary. Featuring 8 distinct, revenue-generating units under a single title. 4 upper townhomes plus 4 legal basement suites for excellent rental income. Built for capital efficiency, this project is structured to potentially qualify for CMHC MLI Select financing, which can offer up to 95% Loan-to-Cost (as little as 5% down) and amortizations up to 50 years for eligible applicants. As a purpose-built multi-unit residential development with 4+ units, it may also qualify for the enhanced Federal GST Rental Housing Rebate — Additionally, as a purpose-built completely eliminating the 5% federal tax liability on completion under self-supply rules and putting tens of thousands back into the owner's capital account. Each of the 4 upper two-storey townhomes offers 1,317 sq. ft. of space with a main-floor open living/dining area, gourmet kitchen with island, half bath, and an upper level containing 3 bedrooms, 2 full baths (including primary en-suite), and laundry. The 4 lower legal suites each span 507 sq. ft. with a private entry, full kitchen, 1 bedroom, 4-piece bath, separate mechanicals, and in-suite laundry. A massive 1,012 sq. ft. 4-bay detached garage provides significant additional rental income from tenant parking or storage leases. Built to commercial-grade standards, the building features full interior fire sprinklers, separated electrical meters for direct tenant utility billing, and soundproofed party-wall assemblies. The main floor and basement ceilings come complete with 10' high ceilings and modern luxury finishes.An incredible location located in the heart of Richmond South West Calgary with easy access to downtown, Marda Loop, shopping and more!Contact today for floor plans, rental projections, and CMHC/GST financing details! (id:51989)

Features of 2550 19 Avenue Sw

  • MLS® Number A2343660
  • Price $3,350,000
  • Square Footage: 5268 sqft
  • Property Type: Multi-Family
  • Community Name: Richmond
  • Parking Space Total 10
  • Plan 5661o

Buildings

Appliances Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan Basement Development Finished
Basement Type Full (finished) Constructed Date 2026
Construction Material Poured Concrete Cooling Type Central Air Conditioning
Exterior Finish Concrete, Stucco Foundation Type Poured Concrete
Heating Fuel Natural Gas Heating Type Forced Air
Stories Total 2 Size Interior 5268 Sqft
Total Finished Area 5268 Sqft Type Multi-family

Land

Acreage No Size Irregular 581.00
Size Total 581 M2|4,051 - 7,250 Sqft Size Total Text 581 M2|4,051 - 7,250 Sqft
Zoning Description M-c1

Agents and Offices

  • Ali Jeha
  • Office: Century 21 Bravo Realty
  • Aerial
  • Walking Score
What's Nearby

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