7,600 ft2
$3,750,000
Investor Alert – This Bankview multifamily development offers a rare opportunity to acquire a high-yield, Currently 4 duplexes and one of them has legal suite and 3 other suits submitted to the city of calgary subject approval and permeating. luxury finishes, prime location, and long-term financing at a low 3.5% rate, this investment offers exceptional ROI withprojected 47.2% annual returns. Ideal for investors seeking low-maintenance income and significantcapital appreciation.Contact us for pro forma, rent roll, and detailed financial package. currently they are 4 main dwelling size 1900 average each total 7600 sqf above grade. Prime Calgary SW (Bankview)Rental Income Potential:Eligible for CMHC Select Financing – reduce financing costs and increase ROILocated in a high-demand rental area with proven stabilityTurnkey setup—ready for immediate income generationIdeal 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 (id:57810)
Property Details
MLS® Number
|
A2214661 |
Property Type
|
Multi-family |
Community Name
|
Bankview |
Parking Space Total
|
16 |
Plan
|
2741p |
Structure
|
Deck |
Building
Basement Development
|
Finished |
Basement Features
|
Suite |
Basement Type
|
Full (finished) |
Constructed Date
|
2025 |
Flooring Type
|
Hardwood, Vinyl Plank |
Stories Total
|
2 |
Size Interior
|
7,600 Ft2 |
Total Finished Area
|
7600 Sqft |
Type
|
Multi-family |
Parking
Land
Acreage
|
No |
Size Total Text
|
Unknown |
Zoning Description
|
M-cg |
https://www.realtor.ca/real-estate/28217835/2518-16-street-sw-calgary-bankview