CAABCalgaryBankview2518 16 Street Sw
2518 16 Street Sw, Home with 0 bedrooms, 0 bathrooms and 16 parking in Calgary AB | Image 1
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$3,750,000

2518 16 Street Sw, Calgary, AB

Real Estate

For Sale

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0016
  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size 7600 sqft
Garage Yes
Taxes 
Days Active 101
Lot Size 
Approx. Age 2025
Avg. Price Per Sqft $493
MLS® Number A2214661

Property Address: 

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

Description

Investor Alert – This Bankview multifamily development offers a rare opportunity to acquire a high-yield, Currently approved for 5 Plex with option to be 8 Plex, luxury finishes, prime location, and long-term financing at a low 3.5% rate, this investment offers exceptional ROI with projected 47.2% annual returns. Ideal for investors seeking low-maintenance income and significant capital appreciation. Contact us for pro forma, rent roll, and detailed financial package. Brand New 6-Plex. Potential to 8 Plexes currently they are 4 main dwelling size 1900 average each total 7600 sqf above grade. 4 legal basement average 600 sqf total 2400 sqf which mean 10, 000 of living space the basement legal suit are in the process of being legal suits by the city of calgary. Prime Calgary SW (Bankview) Rental Income Potential: Main units: $3, 500 – $4, 500/month Basement suites: $1, 500/month Total projected rent: $20, 000 – $24, 000/month Similar nearby units rent at $30/sq. Ft., underscoring the income potential. Key Investment Highlights: Eligible for CMHC Select Financing – reduce financing costs and increase ROI Located in a high-demand rental area with proven stability Turnkey setup—ready for immediate income generation Ideal 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 viewingShow Description
MLS® NumberA2214661
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age2025
BasementFinished, Full, Suite
DrivewayDouble Garage Attached, Garage Door Opener, Garage Faces Front
Garage Spaces
Heat
A/C
Heating Fuel

Extras

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