Multifamily in Suburban South available for sale
3

Apartment Buildings for Sale near Suburban South

Suburban South Apartment Building for Sale

More details for 1921 28th St SW, Calgary, AB - Multifamily for Sale

1921 28th St SW

Calgary, AB T3E 2H1

  • Multifamily for Sale
  • 16,704 SF
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More details for 7511 41 Av NW, Calgary, AB - Multifamily for Sale

7511 41 Av NW

Calgary, AB T3B 1X5

  • Multifamily for Sale
  • $1,350,000 CAD
  • 5,000 SF
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Apartment Buildings for Sale Within 10 kilometers of Suburban South

More details for 2313 16 St SW, Calgary, AB - Multifamily for Sale

2313 16 St SW

Calgary, AB T2T 4E6

  • Multifamily for Sale
  • $1,249,000 CAD
  • 2,838 SF
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More details for 535 10th Ave SW, Calgary, AB - Multifamily for Sale

The Hudson - 535 10th Ave SW

Calgary, AB T2R 0A8

  • Office for Sale
  • $699,900 CAD
  • 1,608 SF
  • 1 Unit Available
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More details for 1324 1st St SW, Calgary, AB - Multifamily for Sale

1324 1st St SW

Calgary, AB T2R 0V7

  • Multifamily for Sale
  • $4,300,000 CAD
  • 11,001 SF

Calgary Multifamily for Sale - Beltline

This heritage building is property tax exempt! You pay NO property tax. A rare opportunity to own a beautiful 22-unit heritage building in the Beltline that has been restored. Built in 1909, it was extensively renovated in 2014 with everything done up to code, it’s turn-key. Major upgrades in 2014 include brand new electrical, plumbing, sprinkler system, 2 boilers that will last decades, 2 hot water tanks, make up air unit, flooring, kitchens, bathrooms. Roof was done in 2017, with metal and bitumen that will also last decades. There are 24 security cameras throughout the building. Common laundry room with Coinmatic washer and dryer. 2 parking stalls at the back. These units are small, roughly 300sqft each, which makes for affordable rents. Under the CMHC MLI Select program there is excellent leverage available, buildings like this would qualify for a borrower to get into a property with as little as 5% down. Unit mix consists of 1 x 2 bed, 18 x 1 bed, and 3 x bachelor units. It’s designated heritage which means there are grants with the City of Calgary for restoration and rehabilitation that will reimburse you up to 50% of the total approved project cost. *There is a government grant contract in place that requires rents to remain 10% below the CMHC benchmark for the Beltline; however, the rents are already well below that threshold. The new owner must get approved to take over this contract; it goes until 2034. This heritage building has lots of character and is easy to rent, tenants appreciate character buildings and the rents are affordable in the heart of downtown.

Contact:

Mike Fleming Realty Corporation

Property Subtype:

Apartment

Date on Market:

2025-12-18

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Apartment Buildings for Sale in Suburban South

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How many apartment buildings are available for sale in Suburban South?
There are currently 3 apartment buildings available for sale in Suburban South, offering a unique opportunity for businesses to establish a presence.
How big are the apartment buildings available for sale in Suburban South?
The average size of apartment buildings available for sale in Calgary is about 7,674 SF. The largest apartment buildings available to buy is 16,704 SF and the smallest is 1,319 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.