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Renanza Realty
For sale

3222/3224 14 Street NW

Calgary, Alberta

MLS® A2344278

$1,275,000

Status
Active
Property type
Multi-family
MLS® number
A2344278
Bedrooms
8
Bathrooms
4
Year built
1958

Listing description

An exceptional turnkey investment opportunity generating over $95K gross income in the highly sought-after community of Rosemont. This fully renovated fourplex offers four self contained units, each featuring two spacious bedrooms, a full bathroom, separate laundry, and modern finishes (including new windows) completed in 2022. With fully legal basement suites and low-maintenance interiors, this property is designed to maximize cash flow while minimizing ongoing upkeep.

Ideally situated with easy access to downtown Calgary, SAIT, and the University of Calgary, the location consistently attracts a strong tenant pool, helping to ensure stable occupancy year after year. Residents will appreciate the unique setting backing onto green space and fronting directly onto Confederation Park Golf Course, providing attractive views and a desirable lifestyle rarely found in income properties. Currently generating $7,950 per month in rental income and offering an approximate 5.

2% cap rate, this is a compelling opportunity for investors seeking a well-positioned asset with strong income potential in one of Calgary’s most established and desirable inner-city communities.

Property summary

MLS® number
A2344278
Property type
Multi-family
Square footage
1,806 sq ft
Title
Freehold
Land size
641 square meters
Built in
1958
Annual property taxes
$8,046.00
Parking
4 spaces · Detached Garage
Days on market
6 days

Features & details

Heating
Forced air
Cooling
None
Basement
Finished, Full, Separate entrance, Suite
Flooring
Tile, Carpeted, Vinyl Plank
Appliances
Garage door opener
Exterior features
Aluminum siding
Lot features
See remarks, Back lane
Architectural style
Bungalow

What would this home cost you?

Based on the $1,275,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$5,932 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Real Broker, 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.