For Sale: 1224 20 Avenue NW, Calgary, AB - REW
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$4,250,000
0 bd • ba • 9356 sf • Multifamily
1224 20 Avenue NW
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$4,250,000
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1224 20 Avenue NWCalgary, AB, T2N 2K4

Capitol Hill
  • 0 Bed
  • Bath
  • 9356 Sqft
  • Multifamily

About this home

Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol HillExceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder, offering long-term durability and strong tenant appeal.The property features 5 upper units and 5 fully legal suites below, all fully rented with zero vacancy, providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts, each offering 3 bedrooms, 2.5 bathrooms, open-concept living spaces, private primary retreats, and private patios. All upper units are equipped with central air conditioning, further enhancing tenant comfort and desirability.Each of the 10 units includes in-suite laundry, providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering favorable financing options for qualified buyers.Additional highlights include 5 rear parking stalls, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment.Ideally located with quick access to downtown, and close to amenities, shopping, transit, and excellent schools, this property is well-positioned for long-term rental demand. (id:63626)
Listed by: Adil Thobani, Associate, The Real Estate District

Home facts and features

Price details
List Price
$4,250,000
Get Pre-Approved
Gross Taxes for 2025
$4,718
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
5
Property Type
Multifamily
Lot Size
5995 ft²
Depth
Year Built
Built in 2025 (1 yrs old)
Community
Agent details
Primary Agent
Adil Thobani
Primary Broker
The Real Estate District
Listing details
Days on REW
59 Days
Property Views
22
MLS® Number
A2300913
Source
Canadian Real Estate Association
Board
Calgary Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

King George School
  • n/a
  • -
  • In Catchment
Project Trust
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  • In Catchment
Rosemont School
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  • In Catchment
Rosedale School
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  • In Catchment
Capitol Hill School
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  • In Catchment
École St. Pius X School
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  • In Catchment
St. Joseph Elementary Junior High School
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  • In Catchment
Hillhurst School
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  • In Catchment
École De La Rose Sauvage
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Branton School
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  • In Catchment
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Adil Thobani
Phone:
(403) 861-5656
Office:
403-618-6984
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.