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1832 17 Avenue NW in Calgary: Capitol Hill 4 plex for sale : MLS®# A2236306
1832 17 Avenue NW Calgary T2M 0S2 
$2,980,000Multi-Family- Status:
- Active
- MLS® Num:
- A2236306
- Floor Area:
- 4,462 sq. ft.
Enhance your real estate portfolio with this premier new construction rental development in Capitol Hill, one of Calgary’s most desirable inner-city communities. Scheduled for completion in the end of 2026, this purpose-built investment property consists of two buildings featuring a total of eight rental suites. Each building includes a spacious upper unit with three bedrooms and 2.5 bathrooms, as well as a well-appointed lower unit offering one bedroom with kitchen and full bathroom. A four-car detached garage with lane access provides added convenience and tenant appeal. Strategically located near downtown Calgary, 17th Avenue, parks, transit, and shopping, the property is ideally positioned to attract quality tenants and command above-average rents. Investors will appreciate the thoughtful design, superior construction, and long-term rental potential of these townhomes.The development is distinguished by its low-maintenance Hardy board exterior, high-efficiency HVAC systems, and durable finishes throughout—ensuring reduced operating costs and long-term durability. These modern, well-designed units are tailor-made for consistent cash flow and minimal upkeep. With estimated rents of $2,850 for upper suites and $1,450 for lower units Whether you're a seasoned investor or looking to diversify your holdings, this exceptional income-generating property offers the perfect blend of location, quality, and financial performance. For more information, contact us and take the next step toward securing a high-performing asset in Calgary’s thriving rental market. More detailsListed by CIR Realty- MICHAEL MCCAFFERTY
- CIR REALTY
- 1 (403) 7083868
- Contact by Email
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424 Sabrina Road SW in Calgary: Southwood 4 plex for sale : MLS®# A2250685
424 Sabrina Road SW Calgary T2W 1P9
$1,415,000Multi-Family- Status:
- Active
- MLS® Num:
- A2250685
- Floor Area:
- 2,520 sq. ft.
424 Sabrina Road SW presents a rare opportunity to acquire a fully modernized, income-generating fourplex in the established community of Southwood. With extensive renovations completed in 2024 and strong in-place rental income, this property is ideally suited for hands-off investors seeking reliable cash flow and long-term growth potential in Calgary’s southwest. Address: 424 Sabrina Road SW, Calgary, AB Property Type: Fourplex (Bi-Level Configuration) Total Living Area: 5,028 sq. ft. (2,564 sq. ft. RMS + fully developed lower levels) Units: 4 self-contained units Unit Layout: Each unit includes 3 bedrooms and 1.5 bathrooms Year Built: 1972 Zoning: MC-1 (Medium-Density Low Profile Residential) Parking: 5 surface stalls, resurfaced in 2024, with ample street parking available Lot: Standard inner-city lot with retaining wall recently rebuilt Recent Renovations and Capital Improvements (2024) This property has undergone a complete transformation, both inside and out. All four units were fully renovated to appeal to today’s quality-conscious tenants while minimizing maintenance needs for ownership. Interior upgrades include: Fully renovated kitchens with granite countertops, brand new cabinets, and stainless steel appliances Bathrooms completely redone with new tubs, tile work, vanities, fixtures, and modern finishes Durable LVL plank flooring installed throughout both upper and lower levels Fresh paint, trim, and lighting updates throughout all units Exterior and mechanical upgrades: New energy-efficient windows and patio doors in each unit Separate furnaces, hot water tanks, and individual utility meters per unit Resurfaced parking lot with defined stalls Reconstructed retaining wall for long-term stability Updated exterior finishes to enhance curb appeal These renovations were designed with long-term durability, tenant satisfaction, and rental optimization in mind. Income and Financial Performance 424 Sabrina Road SW is fully leased with fixed one-year terms. All four units are currently rented at market rates, providing predictable and stable cash flow from day one. The gross rental income is $8,350 per month, or $100,200 annually. All tenants are responsible for their own utilities, thanks to separately metered systems. Key financial metrics: Gross Annual Rents: $100,200 Net Operating Income (NOI): Approx. $78,720 annually Cap Rate: 5.4% at asking price Utility Structure: All tenant-paid (gas, water, electricity) This property offers strong investment fundamentals with minimal projected maintenance, making it an excellent asset for portfolio stabilization or long-term wealth building. Bi-Level Design Advantage Unlike traditional up/down duplex configurations, each of the four units in this property features a full bi-level design. This provides tenants with more usable space and a layout that feels more like a single-family home, resulting in better tenant retention and increased rental appeal. buyer will accept current RPR More detailsListed by CIR Realty- MICHAEL MCCAFFERTY
- CIR REALTY
- 1 (403) 7083868
- Contact by Email
Data was last updated September 21, 2025 at 08:05 PM (UTC)
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Location
#100, 707 - 10 AVENUE S.W.
Calgary, AB, T2R 0B3