For Sale: 1236 17 Avenue NW, Calgary, AB - REW
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$3,075,000
0 bd • ba • 5476 sf • Fourplex
1236 17 Avenue NW
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$3,075,000
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1236 17th Avenue NWCalgary, AB, T2M 0P8

Capitol Hill
  • 0 Bed
  • Bath
  • 5476 Sqft
  • Fourplex

About this home

Welcome to 1236 17 Avenue NW, a rare opportunity to acquire a brand new, purpose built four plex with 4 fully legal basement suites, totalling 8 self contained units in one of Calgary's most strategically located inner city communities. This is not just a property, this is a fully built, turnkey cash flow machine sitting directly opposite SAIT Polytechnic on the high visibility 16th Avenue NW corridor, where tenant demand is as strong and consistent as anywhere in the city. The location is simply unmatched. Situated in Capitol Hill, you are literally steps from SAIT Polytechnic , one of Canada's largest post secondary institutions with over 40,000 students and staff actively seeking quality housing. Add close proximity to the University of Calgary, Foothills Medical Centre, you have a virtually inexhaustible pipeline of high quality tenants- students, healthcare professionals, faculty, and downtown professionals. With downtown Calgary just 12 minutes away, the Jubilee C Train station nearby, and 16th Avenue providing direct arterial access across the city, this location commands premium rents and near zero vacancy year round. The property delivers approx 5500 sq.ft. of above grade living space across 4 beautifully designed two storey townhome style units, each complemented by a fully legal 530 sq.ft. basement suite with its own private entrance. The 4 upper units each offer an open concept main floor with modern kitchen, living and dining areas plus a second floor of with spacious bedrooms and full bathrooms. The 4 legal basement suites each provide 530 sq.ft of bright, efficiently designed living space with fully private, separate entrances. The property also includes a detached 4 car garage plus dedicated mobility storage. From an investment standpoint, Capitol Hill's rental market is driven by persistent post secondary demand, near zero vacancy, Calgary's no-rent-control environment, and continued inner-city intensification. With 8 fully legal, rentable doors in a market where quality supply is chronically constrained, this property is positioned to deliver strong, stable cash flow. This property also qualifies for CMHC MLI Select financing, offering potential access to 95% LTV, 50 year amortization, and significantly enhanced leverage, subject to lender and CMHC approval. Opportunities like this fully built, fully legal, 8 units, steps from SAIT do not come available often. Contact us today and arrange a private showing before this one is gone.
Listed by: Hafil Perincheeri, Real Broker

Home facts and features

Price details
List Price
$3,075,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Fourplex
Lot Size
6099 ft²
Year Built
Built in 2025 (1 yrs old)
Features
Granite Counters, In Unit, Kitchen Island, Open Floorplan, Pantry, Private, Schools Nearby, Separate Entrance, Tankless Hot Water, Vinyl Windows
Amenities
Shopping Nearby
Community
Agent details
Primary Agent
Primary Broker
Real Broker
Secondary Agent
Secondary Broker
Real Broker
Listing details
Days on REW
25 Days
MLS® Number
A2311508
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
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Property Insights

King George School
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  • In Catchment
Project Trust
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Rosedale School
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Hillhurst School
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Capitol Hill School
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Rosemont School
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  • In Catchment
École St. Pius X School
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St. Joseph Elementary Junior High School
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Branton School
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Sunnyside School
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Call Agent
Hafil Perincheeri
Phone:
403-466-6774
Office:
855-623-6900
Manjeet Deol
Phone:
403-400-0000
Office:
855-623-6900
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