$974,900
0 bd • ba • 1846 sf • Duplex
909 16 Street NE
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$974,900
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909 16th Street NECalgary, AB, T2E 4S7

Mayland
  • 0 Bed
  • Bath
  • 1846 Sqft
  • Duplex

About this home

This is a prime investor opportunity to acquire a fully renovated, fully leased-out duplex at 907/909 16 Street NE in the desirable inner-city community of Mayland Heights. This property delivers immediate, robust cash flow with $66,400 in confirmed annual rental income. All units are highly desirable to tenants, offering an configuration of 2 bedrooms and 1 bathroom, each with its own separate entrance, dedicated laundry facilities, and updated electrical panels. Crucially for low operating costs and capital planning, the property features high-efficiency furnaces and a roof that was replaced in 2021. The building sits on a substantial 60 ft x 120 ft lot with coveted R-CG zoning, allowing for future high-density redevelopment (like row houses or townhouses). Additional value is provided by an oversized double detached garage and recent upgrades, including new concrete sidewalks, all set against the backdrop of appealing Downtown Calgary views. This asset is genuinely turnkey, offering a powerful combination of current income and significant long-term appreciation potential. 3d Virtual Tours: https://youriguide.com/907_16_st_ne_calgary_ab & https://youriguide.com/909_16_st_ne_calgary_ab
Listed by: Sandeep Arshi, The Real Estate District

Home facts and features

Price details
List Price
$974,900
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Duplex
Lot Size
7406 ft²
Year Built
Built in 1969 (56 yrs old)
Style
Attached-Side by Side
Community
Agent details
Primary Agent
Primary Broker
The Real Estate District
Listing details
Days on REW
18 Days
Property Views
11
MLS® Number
A2262032
Source
Pillar 9
Board
Calgary Real Estate Board

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Purchase Price
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Amortization
25 Years
Interest Rate
4.09%

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Property Insights

Columbia College
  • n/a
  • -
  • In Catchment
Belfast School
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  • -
  • In Catchment
Northeast Elementary Campus
  • n/a
  • -
  • In Catchment
Sir John Franklin School
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  • -
  • In Catchment
Mayland Heights School
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  • -
  • In Catchment
Renfrew Educational Services-Janice McTighe Centre
  • n/a
  • -
  • In Catchment
Renfrew Thomas W. Buchanan Centre
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  • -
  • In Catchment
Phoenix Education Foundation
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  • In Catchment
Vista Heights School
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  • In Catchment
Rundle 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
Sandeep Arshi
Phone:
403-619-4751
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.