Calgary, AB T2T4E9 2518 16 Street SW

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Presented By: First Place Realty
  • MLS# A2214661
  • 04/24/2025
  • Request Tour
  • Request Info
  • SQFT • 7,600
  • Garage • 8

Home Details

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 viewing
Presented By: First Place Realty

Interior Features for 2518 16 Street SW

Other Interior Features

Fireplace FeaturesGas
BasementFinished, Full, Suite
EnsuiteNo
FlooringHardwood, Vinyl Plank
Main Level AreasSquareFeet

General for 2518 16 Street SW

Architctural StyleAttached-Side by Side
DistrictCAL Zone CC
Parking Total16
Property Subtype4 plex
Property TypeMulti-Family
Public RemarksInvestor 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
Structure TypeFour Plex
Subdivision NameBankview
Transaction TypeFor Sale
ZoningM-CG

Exterior for 2518 16 Street SW

Garage Y/NYes
Inclusionsnon
Parking FeaturesDouble Garage Attached, Garage Door Opener, Garage Faces Front
Patio And Porch FeaturesBalcony(s), Deck

Additional Details

Paul Dojcinovic

TEAM LEADER, REALTOR® at eXp Realty
Price $3,750,000
MLS#A2214661
List Date 04/24/2025
Property Type Multi-Family
Phone 403.608.2191
Request Tour
Request Info
Visit My Website

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