No photos available
2 weeks ago
$3,995,000
1923 26 Avenue Southwest
Calgary, Alberta · South Calgary · T2T1E4
MLS® Number: A2336846
- 7,168Square Feet
Listing Description
Fully leased investor opportunity in Marda Loop, generating $226,800 in annual rental revenue with an assumable MLI Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts, 4 bedrooms, 3.5 bathrooms, and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal, while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft, while lower units offer 678 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, two fireplaces (main level and penthouse), oversized kitchen islands, and large windows for plenty of natural light, with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal, minimizing upkeep for ownership. Located steps from downtown, transit, and Marda Loop's vibrant amenities, this fully operational, cash-flowing asset delivers thoughtful design, efficient studio systems, and strong long-term rental demand — a rare, turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property, and please do not disturb the tenants. (id:65883)
Property Summary
- Property Type
- Multi-family
- Building Type
- Multi-Family
- Storeys
- 3
- Square Footage
- 7,168 sqft
- Neighbourhood Name
- South Calgary
- Title
- Freehold
- Built in
Legal Description
Plan :- 0019451947 Block :- 5 Lot :- 29,30
Building
Interior Features
- Basement Type
- Finished, Full, Separate entrance
Building Features
- Style
- Multi-Family
- Construction
- Wood frame
- Foundation
- Poured Concrete
- Stories
- 3
- Year Built
- 2025
- Building Amenities
- Stucco, Composite Siding
Heating & Cooling
- Cooling
- Fully air conditioned
Parking
- Parking Type
- Detached Garage, Garage
- Total Parking Spaces
- 4
Land
Lot
- Lot Size
- 580 square meters
- Lot Dimensions
- 580.00
Zoning
- Zoning
- M-CG d75
Tax & HOA
Tax
- Annual Tax
- $23,274
- Tax Year
- 2026


