For Sale: 934 5a Street NW, Calgary, AB - REW
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$1,800,000
0 bd • ba • 4221 sf • Fourplex
934 5a Street NW
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$1,800,000
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934 5a Street NWCalgary, AB, T2N 1R6

Sunnyside
  • 0 Bed
  • Bath
  • 4221 Sqft
  • Fourplex

About this home

Welcome to Sunnyside—one of Calgary’s most sought-after inner-city communities, just steps from the vibrant amenities of Kensington. This exceptional multi-family property presents a prime investment opportunity with strong existing income and additional upside potential. The building features four fully self-contained units, each offering 1,046–1,061 sq ft of well-designed living space, complete with 3 bedrooms and 1.5 bathroom. All units have been recently renovated with durable vinyl plank flooring throughout, while two units feature updated cabinetry and quartz countertops. As part of these upgrades, each suite is equipped with convenient in-unit laundry, enhancing both tenant comfort and long-term rental appeal. The mechanical systems—individual furnaces and hot water tanks for each unit—are located in the basement, supporting efficient maintenance and operation. Three of the four units are currently tenanted, generating $7,400/month in rental income, with tenants paying their own utilities. The fourth unit was most recently rented for $2,800/month, highlighting the strong revenue potential and immediate upside for investors. Additionally, there is potential to develop two basement units, offering a valuable opportunity to further increase cash flow and maximize returns. The property also includes four outdoor parking stalls, adding to tenant convenience and overall appeal. Ideally located, this property is just moments from Memorial Drive, the iconic Peace Bridge, and an abundance of shops, restaurants, parks, and transit options. Directly across the street, a community park and open green space serve as a year-round gathering place, including a popular outdoor skating rink in the winter months—enhancing the property’s appeal to tenants seeking both lifestyle and convenience. Whether you’re a seasoned investor or looking to expand your portfolio, this is a rare opportunity to acquire a turnkey asset in a high-demand rental location with future development upside.
Listed by: Kyle Dexter, eXp Realty of Canada

Home facts and features

Price details
List Price
$1,800,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Fourplex
Lot Size
6099 ft²
Frontage
50.13 ft
Year Built
Built in 1980 (46 yrs old)
Style
2 Storey
Heating Type
Forced Air
Basement Details
Full
Features
Back Lane, In Unit, Landscaped, Lighting, Open Floorplan, Quartz Counters, Separate Entrance
Amenities
Playground, Storage
Appliances
Dishwasher, Range, Refrigerator, Washer/Dryer
Community
Agent details
Primary Agent
Primary Broker
eXp Realty of Canada
Secondary Agent
Secondary Broker
eXp Realty of Canada
Listing details
Days on REW
29 Days
Property Views
24
MLS® Number
A2305081
Source
Pillar 9
Board
Calgary Real Estate Board
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25 Years
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3.99%

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Property Insights

Sunnyside School
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Rosedale School
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Crescent Heights High School
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Balmoral School
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The Chinese Academy
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Hillhurst School
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Calgary Chinese Private School
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King George School
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Chestermere High School
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Project Trust
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Call Agent
Kyle Dexter
Phone:
(403) 690-7589
Cell:
(403) 690-7589
Office:
403-262-7653
Ryan Woolman
Phone:
403-775-6950
Office:
403-262-7653
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