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CAABCalgaryBankview2316 16 Street Sw
2316 16 Street Sw, Home with 0 bedrooms, 0 bathrooms and 4 parking in Calgary AB | Image 1
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$1,159,000

2316 16 Street Sw, Calgary, AB

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 1176 sqft
Garage No
Taxes 
Days Active 81
Lot Size 
Approx. Age 1955
Avg. Price Per Sqft $985
MLS® Number A2206809

Property Address: 

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

Description

Why settle for a house or duplex when you can own a high-income fourplex for the same price? This fully upgraded, centrally located Bankview property offers 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 cuts heating costs by 60%. The four spacious 1-bedroom units (2, 343 square feet total) each have 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 $72, 000 annually ($1, 600 upper, $1, 400 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® NumberA2206809
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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