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Seize the opportunity to own a fully tenanted multifamily
fourplex in one of Calgary’s most desirable
inner-city communities. This well-maintained property
consists of two self-contained units, both fully leased,
generating a combined rental income of $7,450 per
month. Offering reliable cash flow from day one, this
turnkey investment combines immediate returns with
excellent long-term appreciation potential.
Located in the vibrant Bankview neighbourhood,
just minutes from downtown Calgary, the property
provides exceptional convenience for tenants. Its
prime inner-city location ensures quick commutes,
excellent transit access, and close proximity to
some of the city’s most popular lifestyle hubs,
including Kensington, 17th Avenue SW, and Marda
Loop. Bankview is known for its elevated city views,
character-filled streets, and walkable community
feel, making it a highly sought-after area for renters.
The location offers quick access to major commuter
routes, public transit, and a wealth of shopping,
dining, and recreational amenities.
Seize the opportunity to own a fully tenanted multifamily
fourplex in one of Calgary’s most desirable
inner-city communities. This well-maintained property
consists of two self-contained units, both fully leased,
generating a combined rental income of $7,450 per
month. Offering reliable cash flow from day one, this
turnkey investment combines immediate returns with
excellent long-term appreciation potential.
Located in the vibrant Bankview neighbourhood,
just minutes from downtown Calgary, the property
provides exceptional convenience for tenants. Its
prime inner-city location ensures quick commutes,
excellent transit access, and close proximity to
some of the city’s most popular lifestyle hubs,
including Kensington, 17th Avenue SW, and Marda
Loop. Bankview is known for its elevated city views,
character-filled streets, and walkable community
feel, making it a highly sought-after area for renters.
The location offers quick access to major commuter
routes, public transit, and a wealth of shopping,
dining, and recreational amenities.
Property Details
Price:
$1,295,000
MLS #:
A2251364
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Bankview
Listed Date:
Aug 25, 2025
Finished Sq Ft:
1,855
Lot Size:
4,960 sqft / 0.11 acres (approx)
Year Built:
1956
See this Listing
Schools
Interior
Appliances
Dishwasher, Electric Stove, Gas Dryer, Microwave, Microwave Hood Fan, Oven, Range Hood, Stove(s), Washer, Washer/Dryer
Basement
Full
Exterior
Lot Features
Back Yard, Low Maintenance Landscape, Street Lighting
Parking Features
Parking Pad, Stall
Parking Total
4
Patio And Porch Features
Pergola
Roof
Shingle
Financial
Map
Community
- Address2311 16 Street SW Calgary AB
- SubdivisionBankview
- CityCalgary
- CountyCalgary
- Zip CodeT2T 4E6
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Bayview
- Beddington Heights
- Bel-Aire
- Belmont
- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Calgary International Airport
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
- Cedarbrae
- Chaparral
- Charleswood
- Chinatown
- Chinook Park
- Christie Park
- Citadel
- Cityscape
- Cliff Bungalow
- Coach Hill
- Collingwood
- Copperfield
- Coral Springs
- Cornerstone
- Cougar Ridge
- Country Hills
- Country Hills Village
- Coventry Hills
- Cranston
- Crescent Heights
- Crestmont
- Currie Barracks
- Dalhousie
- Deer Ridge
- Deer Run
- Deerfoot Business Centre
- Diamond Cove
- Discovery Ridge
- Douglasdale/Glen
- Dover
- Downtown Commercial Core
- Downtown East Village
- Downtown West End
- Eagle Ridge
- East Fairview Industrial
- East Shepard Industrial
- Eau Claire
- Edgemont
- Elbow Park
- Elboya
- Erin Woods
- Erlton
- Evanston
- Evergreen
- Fairview
- Fairview Industrial
- Falconridge
- Foothills
- Forest Heights
- Forest Lawn
- Forest Lawn Industrial
- Franklin
- Garrison Green
- Garrison Woods
- Glacier Ridge
- Glamorgan
- Glenbrook
- Glendale
- Golden Triangle
- Greenview
- Greenview Industrial Park
- Greenwood/Greenbriar
- Hamptons
- Harvest Hills
- Haskayne
- Hawkwood
- Haysboro
- Hidden Valley
- Highfield
- Highland Park
- Highwood
- Hillhurst
- Homestead
- Horizon
- Hotchkiss
- Hounsfield Heights/Briar Hill
- Huntington Hills
- Inglewood
- Kelvin Grove
- Killarney/Glengarry
- Kincora
- Kingsland
- Lake Bonavista
- Lakeview
- Legacy
- Lewisburg
- Lincoln Park
- Livingston
- Lower Mount Royal
- MacEwan Glen
- Mahogany
- Manchester
- Manchester Industrial
- Maple Ridge
- Marlborough
- Marlborough Park
- Martindale
- Mayfair
- Mayland
- Mayland Heights
- McCall
- McKenzie Lake
- McKenzie Towne
- Meadowlark Park
- Medicine Hill
- Meridian
- Midnapore
- Millrise
- Mission
- Monterey Park
- Montgomery
- Moraine
- Mount Pleasant
- New Brighton
- Nolan Hill
- North Airways
- North Glenmore Park
- North Haven
- Oakridge
- Ogden
- Osprey Hill
- Out of Area Calgary
- Palliser
- Panorama Hills
- Parkdale
- Parkhill
- Parkland
- Patterson
- Pegasus
- Penbrooke Meadows
- Pine Creek
- Pineridge
- Point McKay
- Pump Hill
- Queensland
- Ramsay
- Ranchlands
- Rangeview
- Red Carpet
- Redstone
- Renfrew
- Ricardo Ranch
- Richmond
- Rideau Park
- Riverbend
- Rocky Ridge
- Rosedale
- Rosemont
- Rosscarrock
- Roxboro
- Royal Oak
- Royal Vista
- Rundle
- Rutland Park
- Saddle Ridge
- Saddleridge Industrial
- Sage Hill
- Sandstone Valley
- Scarboro
- Scarboro/Sunalta West
- Scenic Acres
- Seton
- Shaganappi
- Shawnee Slopes
- Shawnessy
- Shepard Industrial
- Sherwood
- Signal Hill
- Silver Springs
- Silverado
- Skyline West
- Skyview Ranch
- Somerset
- South Airways
- South Calgary
- South Foothills
- Southview
- Southwood
- Springbank Hill
- Spruce Cliff
- St Andrews Heights
- Starfield
- Stoney 1
- Stoney 2
- Stoney 3
- Stoney 4
- Strathcona Park
- Sunalta
- Sundance
- Sunnyside
- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- University of Calgary
- Upper Mount Royal
- Valley Ridge
- Valleyfield
- Varsity
- Vista Heights
- Walden
- West Hillhurst
- West Springs
- Westgate
- Westwinds
- Whitehorn
- Wildwood
- Willow Park
- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
Market Summary
Current real estate data for Multi Family in Calgary as of Oct 13, 2025
27
Multi Family Listed
63
Avg DOM
590
Avg $ / SqFt
$2,400,359
Avg List Price
Property Summary
- Located in the Bankview subdivision, 2311 16 Street SW Calgary AB is a Multi Family for sale in Calgary, AB, T2T 4E6. It is listed for $1,295,000 To schedule a showing of MLS#a2251364 at 2311 16 Street SW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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