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Descriptions:
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!
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| Status: |
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Active
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| Includes: |
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no |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
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| Lot Size: |
0.11
sq.ft.
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| Property Info: |
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| Property Type: |
4 plex |
| Year Built: |
1955 |
| Total Floor Area: |
1,177 sq. ft. |
| Brokerage: |
Datong Property Management Ltd. |
| Construction Type: |
Composite Siding
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| Exterior: |
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| Exterior: |
Composite Siding |
| Construction: |
Composite Siding |
| Roof: |
Asphalt Shingle |
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| Rooms: |
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| Ensuite: |
No
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| Parking Plan Type: |
Parking Pad
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| Garage: |
0
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| Additional Info: |
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| Floor Finish: |
Laminate |
| Fireplace Details: |
For Sale |
| Parking: |
Parking Pad |
| Total Parking: |
4
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| Restrictions: |
Contact for Restrictions |
| Restrictions: |
None Known
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Contact Peter Appleby -
#10, 6020 1A Street SW, Calgary, Alberta, T2H 0G3
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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