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CAABCalgaryBankview2316 16 Street Sw
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2316 16 Street Sw, Calgary, AB

Real Estate

Sold

$--,---,---
$950,000

004

MLS® A2244497

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 2342 sqft
Garage No
Taxes $7,264
Lot Size 0.11 acres
Approx. Age 1955
Avg. Price Per Sqft $405
MLS® Number A2244497

Property Address: 2316 16 Street Sw, Calgary, AB, T2T4E7

Average square foot calculated using Size range provided by listing agent.

Description

Discover a prime investment with this luxury fourplex—fully upgraded, centrally located, and perfectly situated in Bankview—offering unbeatable rental appeal just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that reduces heating costs by 60%. Each of the four spacious 1-bedroom units (2, 343 square feet total) has in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $67, 200 annually ($1, 500 upper, $1, 300 lower) and room for future increases, this property delivers immediate positive cash flow and strong 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. Opportunities like this are rare—act now!Show Description
MLS® NumberA2244497
Laundry LevelIn Unit
Central VacNo
FireplaceNo
Acreage0.11
Exterior
GarageNo
Approx. Age1955
Basement
DrivewayParking Pad
Garage Spaces
Heat
A/C
Heating Fuel

Extras

NO

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Starting Address
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2316 16 Street Sw, Calgary, AB

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