2619 16 Street SW
Calgary, AB, T2T 4G3
$1,449,000
Beds
0 Baths
3,902 SqFt
0.12 Acres
Add
Investment opportunity. Up/down 4 plex, just one block from 26 Ave in Bankview in 16 street. This area is big enough to a brand new condo building units, with maximum floor area ratio of 2.5. Each unit is 820 sq.ft. Mix of 3 -2 beds and 1 – 1 bed. Had recently upgraded to newer kitchen cabinet and flooring, newer bath room vanity. Monthly rent is $7,080.00, gross $84,960, net operating income is $72,196.56 making cap rate 5%. Great cash flow and holding property for redevelopment.

Property Details

Price:
$1,449,000
MLS #:
A2249523
Status:
Active
Baths:
0
Address:
2619 16 Street SW
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Bankview
City:
Calgary
Listed Date:
Aug 18, 2025
Province:
AB
Finished Sq Ft:
3,902
Postal Code:
243
Lot Size:
5,360 sqft / 0.12 acres (approx)
Year Built:
1958
Ask a Question

See this Listing

Send
  

Rob Johnstone

Rob Johnstone

Realtor®

Phone 403 730-2330

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.

More About Rob

Mortgage Calculator

 

Schools

Interior

Appliances
Built- In Electric Range, Dryer, Refrigerator, Washer
Basement
Finished, Full
Pets Allowed
Yes

Exterior

Exterior Features
None
Parking Features
Concrete Driveway, Parking Pad
Parking Total
4
Patio And Porch Features
None
Roof
Asphalt
Sewer
Public Sewer
Stories Total
2
Utilities
See Remarks

Financial

Map

Community

Similar Listings Nearby

disclosure
Courtesy of TREC The Real Estate Company. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Calgary AB. Detailed information about real estate listings held by brokerage firms other than Rob Johnstone include the name of the listing broker. Neither the listing company nor Rob Johnstone shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Calgary AB. All rights reserved.
Rover IDX
2619 16 Street SW
Calgary, AB