For Sale: 2226 /-2225 Westmount Road NW, Calgary, AB - REW
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$2,190,000
0 bd • ba • 4945 sf • Multifamily
2226 /-2225 Westmount Road NW
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$2,190,000
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2226 / 2225 Westmount Road NWCalgary, AB, T2N 3N4

Hillhurst
  • 0 Bed
  • Bath
  • 4945 Sqft
  • Multifamily

About this home

INVESTORS! Unique FIVE-PLEX, excellent rental income! A 3 STOREY TOWNHOME on one side and FOUR LEGAL suites on the other. An exceptional opportunity to own a newly built (2022) purpose-built rental property in the highly desirable community of West Hillhurst. Offering 5 residential units across 4,945 sq. ft. of above-grade living space, this turnkey asset combines strong in-place income with immediate value-add potential. PRICED TO SELL, the property features a luxurious 3 level attached home and FOUR legal income-generating suites. The proforma projects $119,375 in annual gross potential income with a modest 5.4% vacancy allowance, resulting in Year 1 effective rental income of $112,938 and a stabilized NOI of $74,890. Total operating expenses are estimated at just $38,048 annually, representing an efficient 33.7% expense ratio attributable to the property's recent 2022 construction, modern building systems, and energy-efficient design. An immediate value-add opportunity exists through the lease-up of the currently vacant Unit 201 (584 SF). Marketed at $1,750 per month, this suite has the potential to generate approximately $21,000 in additional annual gross revenue. Additional features include four legal suites with private entrances, in-suite laundry, dedicated storage, and secure underground parking, plus a rare six-stall heated underground parking. Ideally located minutes from downtown, Kensington, the Bow River pathway system, Foothills and Children's Hospitals, parks, schools, and countless amenities, this is a premier inner-city investment added to your portfolio. (id:63626)
Listed by: Paul Ramikie, Associate Broker, Real Broker

Home facts and features

Price details
List Price
$2,190,000
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Gross Taxes for 2025
$12,546
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
6
Property Type
Multifamily
Lot Size
4434 ft²
Depth
Year Built
Built in 2022 (4 yrs old)
Community
Agent details
Primary Agent
Paul Ramikie
Primary Broker
Real Broker
Listing details
Days on REW
39 Days
Property Views
19
MLS® Number
A2314809
Source
Canadian Real Estate Association
Board
Calgary Real Estate Board
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25 Years
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3.99%

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Property Insights

Madeleine d' Houet Bilingual School
  • n/a
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  • In Catchment
Louise Dean School
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  • In Catchment
Queen Elizabeth School
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Queen Elizabeth High School
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Sunalta School
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Briar Hill School
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Maria Montessori School
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  • In Catchment
Westmount Elementary School
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  • In Catchment
Hillhurst School
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  • In Catchment
Sacred Heart Elementary School
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  • In Catchment
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Call Agent
Paul Ramikie
Phone:
(403) 607-7375
Office:
855-623-6900
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This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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