403-966-9321
34
$3,995,000 Sale
Listed 73 days ago
1923 26 Avenue SW
· 0
· 0
· 4
· 7168
Key Facts
Key facts for 1923 26 Avenue SW
Property Type
Other, 3 (or more) Storey
Parking
220 Volt Wiring,Quad or More Detached , 220 Volt Wiring,Quad or More Detached 4 parking
MLS #
A2336846
Size
7168 sqft
Basement
Full,Finished,Separate Entrance
Listed on
-
Lot size
-
Days on Market
-
Year Built
2025
Maintenance Fee
-
Description
Fully leased investor opportunity in Marda Loop, generating $226,800 in annual rental revenue with an assumable MLI Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts, 4 bedrooms, 3.5 bathro...oms, and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal, while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft, while lower units offer 678 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, two fireplaces (main level and penthouse), oversized kitchen islands, and large windows for plenty of natural light, with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal, minimizing upkeep for ownership. Located steps from downtown, transit, and Marda Loop's vibrant amenities, this fully operational, cash-flowing asset delivers thoughtful design, efficient studio systems, and strong long-term rental demand — a rare, turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property, and please do not disturb the tenants.
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Courtesy of: The Real Estate District
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