Exceptional 8-Unit Multifamily Investment in Killarney – Fully Rented | Turnkey | Assumable Mortgage
Rare opportunity to acquire a purpose-built 8-unit multifamily property in the highly desirable community of Killarney. This quality-built asset features high-end finishings throughout and was constructed by a reputable builder, offering both durability and long-term appeal.
The property consists of 4 upper units and 4 fully legal lower suites, all separately contained and each equipped with in-suite laundry. The upper units offer a premium layout, including two front 3-storey units with private primary retreats and private patios, along with two rear 2-storey units featuring functional, open-concept designs. All upper suites are equipped with central air conditioning, enhancing tenant comfort and marketability.
This investment is 100% occupied with no vacancy, providing immediate and stable cash flow. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering attractive financing terms for qualified buyers.
Additional features include a 4-car garage, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment.
Located just half a block from public transit and within walking distance to amenities, this property offers excellent accessibility. Positioned near Marda Loop with quick access to downtown and major roadways including the ring road, the location supports strong, long-term rental demand.
Rare opportunity to acquire a purpose-built 8-unit multifamily property in the highly desirable community of Killarney. This quality-built asset features high-end finishings throughout and was constructed by a reputable builder, offering both durability and long-term appeal.
The property consists of 4 upper units and 4 fully legal lower suites, all separately contained and each equipped with in-suite laundry. The upper units offer a premium layout, including two front 3-storey units with private primary retreats and private patios, along with two rear 2-storey units featuring functional, open-concept designs. All upper suites are equipped with central air conditioning, enhancing tenant comfort and marketability.
This investment is 100% occupied with no vacancy, providing immediate and stable cash flow. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering attractive financing terms for qualified buyers.
Additional features include a 4-car garage, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment.
Located just half a block from public transit and within walking distance to amenities, this property offers excellent accessibility. Positioned near Marda Loop with quick access to downtown and major roadways including the ring road, the location supports strong, long-term rental demand.
Property Details
Price:
$3,400,000
MLS #:
A2300796
Status:
Active
Baths:
0
Type:
Commercial
Subtype:
Multi Family
Subdivision:
Killarney/Glengarry
Listed Date:
Apr 10, 2026
Lot Size:
5,995 sqft / 0.14 acres (approx)
Year Built:
2025
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Community
- Address2831 36 Street SW Calgary AB
- SubdivisionKillarney/Glengarry
- CityCalgary
- CountyCalgary
- Zip CodeT3E 2Z9
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Ambleridge
- Applewood Park
- Arbour Lake
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- Burns Industrial
- Calgary International Airport
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- Sage Hill
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- Scenic Acres
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- Shepard Industrial
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Market Summary
Current real estate data for Commercial in Calgary as of Apr 11, 2026
678
Commercial Listed
126
Avg DOM
$776,322
Avg List Price
Property Summary
- Located in the Killarney/Glengarry subdivision, 2831 36 Street SW Calgary AB is a Commercial for sale in Calgary, AB, T3E 2Z9. It is listed for $3,400,000 To schedule a showing of MLS#a2300796 at 2831 36 Street SW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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