2619 16 St. SW | Bankview | Calgary

2619 16 Street | Bankview

Beds
0
Baths
0.0
Sqft
3,902
Lot Sqft
5,360
Year Built
1958
Days Listed
110
Type
4 plex
Status
Active
Garage
No
Foundation
See Details
Condo Fee
No
Price Change
None

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.

MLS ® #: A2249523
Listing Office: TREC The Real Estate Company
Date Listed: August 18, 2025 - 111 days on site
Last Updated: Dec 07, 2025 01:32am MST

$1,449,000

Details

Style:
2 storey, attached-up/down

Interior:
separate entrance

Exterior:
none

Parking/Garage:
concrete driveway, parking pad

Frontage (feet):
40.00

Even More Details

Pets Allowed:
yes

Foundation:
see remarks

Construction:
brick,wood frame

Flooring:
laminate,tile

Roof:
asphalt

Utilities:
see remarks

Inclusions:
built-in electric range, dishwasher, washer, dryer, refrigerator

Thoughtful | Loyal | Effective

Loving this home?

Breanna will call to discuss.

"We found the house that was perfect for us in record time and for a reasonable price" - Alishia Randall

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Breanna
Albrecht