Updated Inner-City Income Property with 6% Cap Rate and Strong Rental Demand
This is an excellent opportunity to own an updated duplex on a 50’ x 120’ corner lot in the highly desirable community of Killarney. The property has received many recent updates including modernized kitchens and bathrooms, making it a low-maintenance and easy-to-rent investment in a prime location. Each side offers two bedrooms on the main floor and two in the basement, with an attached double garage, an additional parking pad, and plenty of street parking. The home’s south-facing front exposure ensures bright, sunny living spaces that tenants love. Suites for basement are illiegal suites.
With strong rental income already in place and excellent long-term potential, this property offers investors immediate returns in one of Calgary’s most sought-after inner-city neighborhoods. Investment Appeal. Live in one unit and rent the other. Hold as a cash-flowing rental property and hold for future Redevelop for future multifamily.
This is an excellent opportunity to own an updated duplex on a 50’ x 120’ corner lot in the highly desirable community of Killarney. The property has received many recent updates including modernized kitchens and bathrooms, making it a low-maintenance and easy-to-rent investment in a prime location. Each side offers two bedrooms on the main floor and two in the basement, with an attached double garage, an additional parking pad, and plenty of street parking. The home’s south-facing front exposure ensures bright, sunny living spaces that tenants love. Suites for basement are illiegal suites.
With strong rental income already in place and excellent long-term potential, this property offers investors immediate returns in one of Calgary’s most sought-after inner-city neighborhoods. Investment Appeal. Live in one unit and rent the other. Hold as a cash-flowing rental property and hold for future Redevelop for future multifamily.
Property Details
Price:
$1,350,000
MLS #:
A2259156
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
Full Duplex
Subdivision:
Killarney/Glengarry
Listed Date:
Sep 26, 2025
Finished Sq Ft:
2,103
Lot Size:
5,984 sqft / 0.14 acres (approx)
Year Built:
1959
See this Listing
Schools
Interior
Exterior
Parking Total
2
Stories Total
1
Financial
Map
Community
- Address3620 21 Avenue SW Calgary AB
- SubdivisionKillarney/Glengarry
- CityCalgary
- CountyCalgary
- Zip Codet3e 0h6
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
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- Calgary International Airport
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Market Summary
Current real estate data for Multi Family in Calgary as of Oct 09, 2025
28
Multi Family Listed
60
Avg DOM
598
Avg $ / SqFt
$2,377,128
Avg List Price
Property Summary
- Located in the Killarney/Glengarry subdivision, 3620 21 Avenue SW Calgary AB is a Multi Family for sale in Calgary, AB, t3e 0h6. It is listed for $1,350,000 To schedule a showing of MLS#a2259156 at 3620 21 Avenue SW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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3620 21 Avenue SW
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