2550 19 Avenue SW
Calgary, Alberta
MLS® A2343660
$3,350,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- A2343660
- Bedrooms
- —
- Bathrooms
- —
- Year built
- 2026
1 / 5Listing description
An extraordinary turn-key multi-family 4Plex in Richmond Inner City Calgary. Featuring 8 distinct, revenue-generating units under a single title. 4 upper townhomes plus 4 legal basement suites for excellent rental income.
Built for capital efficiency, this project is structured to potentially qualify for CMHC MLI Select financing, which can offer up to 95% Loan-to-Cost (as little as 5% down) and amortizations up to 50 years for eligible applicants. As a purpose-built multi-unit residential development with 4+ units, it may also qualify for the enhanced Federal GST Rental Housing Rebate — Additionally, as a purpose-built completely eliminating the 5% federal tax liability on completion under self-supply rules and putting tens of thousands back into the owner's capital account. Each of the 4 upper two-storey townhomes offers 1,317 sq.
ft. of space with a main-floor open living/dining area, gourmet kitchen with island, half bath, and an upper level containing 3 bedrooms, 2 full baths (including primary en-suite), and laundry. The 4 lower legal suites each span 507 sq.
ft. with a private entry, full kitchen, 1 bedroom, 4-piece bath, separate mechanicals, and in-suite laundry. A massive 1,012 sq.
ft. 4-bay detached garage provides significant additional parking as well as rental income for tenant parking! Built to commercial-grade standards, the building features full interior fire sprinklers, separated electrical meters for direct tenant utility billing, and soundproofed party-wall assemblies.
The main floor and basement ceilings come complete with 10' high ceilings and modern luxury finishes. An incredible location located in the heart of Richmond South West Calgary with easy access to downtown, Marda Loop, shopping and more! Contact today for floor plans, rental projections, and CMHC/GST financing details!
Property summary
- MLS® number
- A2343660
- Property type
- Multi-family
- Building type
- Multi-Family
- Square footage
- 5,268 sq ft
- Title
- Freehold
- Land size
- 581 square meters
- Built in
- 2026
- Annual property taxes
- $6,234.00
- Parking
- 10 spaces
- Days on market
- 8 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Finished, Full
- Appliances
- Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
- Exterior features
- Concrete, Stucco
What would this home cost you?
Based on the $3,350,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Century 21 Bravo Realty, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.