Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol Hill
Exceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder, offering long-term durability and strong tenant appeal.
The property features 5 upper units and 5 fully legal suites below, all fully rented with zero vacancy, providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts, each offering 3 bedrooms, 2.5 bathrooms, open-concept living spaces, private primary retreats, and private patios. All upper units are equipped with central air conditioning, further enhancing tenant comfort and desirability.
Each of the 10 units includes in-suite laundry, providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering favorable financing options for qualified buyers.
Additional highlights include 5 rear parking stalls, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment.
Ideally located with quick access to downtown, and close to amenities, shopping, transit, and excellent schools, this property is well-positioned for long-term rental demand.
Exceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder, offering long-term durability and strong tenant appeal.
The property features 5 upper units and 5 fully legal suites below, all fully rented with zero vacancy, providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts, each offering 3 bedrooms, 2.5 bathrooms, open-concept living spaces, private primary retreats, and private patios. All upper units are equipped with central air conditioning, further enhancing tenant comfort and desirability.
Each of the 10 units includes in-suite laundry, providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering favorable financing options for qualified buyers.
Additional highlights include 5 rear parking stalls, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment.
Ideally located with quick access to downtown, and close to amenities, shopping, transit, and excellent schools, this property is well-positioned for long-term rental demand.
Property Details
Price:
$4,250,000
MLS #:
A2300913
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Subdivision:
Capitol Hill
Listed Date:
Apr 10, 2026
Lot Size:
5,995 sqft / 0.14 acres (approx)
Year Built:
2025
See this Listing
Schools
Interior
Exterior
Parking Total
5
Financial
Map
Community
- Address1224 20 Avenue NW Calgary AB
- SubdivisionCapitol Hill
- CityCalgary
- CountyCalgary
- Zip CodeT2N 2K4
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Ambleridge
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- Arbour Lake
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- Bankview
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- Beddington Heights
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- Beltline
- Belvedere
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- Bowness
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- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Calgary International Airport
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
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- Citadel
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- Rundle
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- Saddleridge Industrial
- Sage Hill
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- Scenic Acres
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- Shepard Industrial
- Sherwood
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- Winston Heights/Mountview
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- Yorkville
Market Summary
Current real estate data for Commercial in Calgary as of Apr 11, 2026
670
Commercial Listed
125
Avg DOM
$789,315
Avg List Price
Property Summary
- Located in the Capitol Hill subdivision, 1224 20 Avenue NW Calgary AB is a Commercial for sale in Calgary, AB, T2N 2K4. It is listed for $4,250,000 To schedule a showing of MLS#a2300913 at 1224 20 Avenue NW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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