Log In/Sign Up
Your email has been sent.
1224 20 Av NW 10 Unit Apartment Building $4,250,000 CAD ($425,000 CAD/Unit) Calgary, AB T2M 1G1

Executive Summary
Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol HillExceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder, offering long-term durability and strong tenant appeal.The property features 5 upper units and 5 fully legal suites below, all fully rented with zero vacancy, providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts, each offering 3 bedrooms, 2.5 bathrooms, open-concept living spaces, private primary retreats, and private patios. All upper units are equipped with central air conditioning, further enhancing tenant comfort and desirability. Each of the 10 units includes in-suite laundry, providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering favorable financing options for qualified buyers. Additional highlights include 5 rear parking stalls, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment. Ideally located with quick access to downtown, and close to amenities, shopping, transit, and excellent schools, this property is well-positioned for long-term rental demand. (31890928)
Property Facts
| Price | $4,250,000 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $425,000 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.17 AC |
| No. Units | 10 | Building Size | 9,356 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 2025 |
| Zoning | H-GO - H-GO | ||
| Price | $4,250,000 CAD |
| Price Per Unit | $425,000 CAD |
| Sale Type | Investment |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.17 AC |
| Building Size | 9,356 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Zoning | H-GO - H-GO |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 10 | - | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
70/100
Very bikeable
80/100
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
The Real Estate District
1224 20 Av NW
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
