2518 16 Street SW
Calgary, AB, T2T 4E9
$3,750,000
Beds
0 Baths
7,600 SqFt
0 Acres
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Investor Alert – This Bankview multifamily development offers a rare opportunity to acquire a high-yield, fully
tenanted 8-unit asset with legal suites and luxury finishes. Backed by solid rent fundamentals, 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&#39'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

Property Details

Price:
$3,750,000
MLS #:
A2214661
Status:
Active
Baths:
0
Address:
2518 16 Street SW
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Bankview
City:
Calgary
Listed Date:
Apr 25, 2025
Province:
AB
Finished Sq Ft:
7,600
Postal Code:
249
Year Built:
2025
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Rob Johnstone is a trusted Calgary Realtor with over 30 years of real estate experience. He has evaluated thousands of properties and is a recognized expert in Calgary home and condo sales. Rob offers accurate home evaluations either by email or through in-person appointments. Both options are free and come with no obligation. His focus is to provide honest advice and professional insight, helping Calgary homeowners make confident decisions when it’s time to sell their property.

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Schools

Interior

Basement
Finished, Full, Suite

Exterior

Parking Features
Double Garage Attached, Garage Door Opener, Garage Faces Front
Parking Total
16
Patio And Porch Features
Balcony(s), Deck

Financial

Map

Community

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2518 16 Street SW
Calgary, AB