Name: 2518 16 Street SW, Calgary | MLS® A2214661
SKU: a2214661
Price: 3750000.0 CAD
Availability: InStock

$3,750,000 (-4%) Sale

Listed 115 days ago

2518 16 Street SW

MLS® a2214661 4 plex

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Beds · 0

Baths · 0

Parking · 16

Sqft · 7600

Est. mortgage

$14,226/mo

Key Facts

Key facts for 2518 16 Street SW

Property Type

Other, Attached-Side by Side

Parking

Double Garage Attached,Garage Door Opener,Garage Faces Front , Double Garage Attached,Garage Door Opener,Garage Faces Front 16 parking

MLS #

A2214661

Size

7600 sqft

Basement

Finished,Full,Suite

Listed on

Lot size

Days on Market

Year Built

2025

Maintenance Fee

Description

Investor Alert – This Bankview multifamily development offers a rare opportunity to acquire a high-yield, Currently approved for 5 Plex with option to be 8 Plex, luxury finishes, prime location, and long-term financing at a low 3.5% rate, this investment offers exceptional ROI with projected 47.2% ...annual returns. Ideal for investors seeking low-maintenance income and significant capital appreciation. Contact us for pro forma, rent roll, and detailed financial package. Brand New 6-Plex. potential to 8 Plexes currently they are 4 main dwelling size 1900 average each total 7600 sqf above grade. 4 legal basement average 600 sqf total 2400 sqf which mean 10,000 of living space the basement legal suit are in the process of being legal suits by the city of calgary. Prime Calgary SW (Bankview) Rental Income Potential: Main units: $3,500 – $4,500/month Basement suites: $1,500/month Total projected rent: $20,000 – $24,000/month Similar nearby units rent at $30/sq. ft., underscoring the income potential. Key Investment Highlights: Eligible for CMHC Select Financing – reduce financing costs and increase ROI Located in a high-demand rental area with proven stability Turnkey setup—ready for immediate income generation Ideal for short- and long-term appreciation in a growth-oriented market Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside. Hurry—this opportunity won’t last long! Contact us today to schedule a viewing

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Full Property Details

Interior

Washrooms

Square Footage

7600 sqft

Basement

Finished,Full,Suite

Flooring

Hardwood,Vinyl Plank

Levels

Two

Washrooms

Square Footage

7600 sqft

Basement

Finished,Full,Suite

Flooring

Hardwood,Vinyl Plank

Levels

Two

Exterior

Parking

Double Garage Attached,Garage Door Opener,Garage Faces Front

Parking Spaces

Total Parking Spaces

16.00

Garage Type

Double Garage Attached,Garage Door Opener,Garage Faces Front

Garage Spaces

Zoning

M-CG

Parking

Double Garage Attached,Garage Door Opener,Garage Faces Front

Parking Spaces

Total Parking Spaces

16.00

Garage Type

Double Garage Attached,Garage Door Opener,Garage Faces Front

Garage Spaces

Zoning

M-CG

Building Description

Style

Attached-Side by Side

Property Type

Multi Family

Home Type

Other

Subtype

4 plex

Year Built

2025

New Construction

Yes

Architecture

Attached-Side by Side

Style

Attached-Side by Side

Property Type

Multi Family

Home Type

Other

Subtype

4 plex

Year Built

2025

New Construction

Yes

Architecture

Attached-Side by Side

Community

Bankview

Subdivision

Bankview

Zoning

M-CG

Community

Bankview

Subdivision

Bankview

Zoning

M-CG

Lorenzo & Alex Real Estate Team

Email: [email protected] Cell: 403-966-9321