1224 20 AVE NW, Calgary, AB T2N 2K4
1224 20 AVE NW, Calgary, AB T2N 2K4
1224 20 AVE NW, Calgary, AB T2N 2K4
1224 20 AVE NW, Calgary, AB T2N 2K4
1224 20 AVE NW, Calgary, AB T2N 2K4
1224 20 AVE NW, Calgary, AB T2N 2K4
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$ 4,250,000
Est. payment | /mo

5,995 Sqft Lot


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$ 4,250,000
Est. payment | /mo
Save

5,995 Sqft Lot

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Subdivision Capitol Hill

MLS® Listing ID A2300913

Year Built 2025

Annual Tax Amount $4,718

Tax Year 2025

Lot Size 5,995 Sqft

Acres 0.14

Property Sub-Type Multi Family

Source Calgary

Property Description

Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol Hill

Exceptional 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.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning H-GO

Exterior

Total Parking Spaces 5

Others

Restrictions None Known

Tax ID 101377316

Ownership Private

Listed by The Real Estate District
LOCATION AND OTHER NEARBY PROPERTIES

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1224 20 AVE NW

REVIEWS

Charlene Soares

Viren is a very responsive realtor who drops everything to come see his clients. He will help you with your house purchasing decisions by providing additional resources to evaluate the current market situation and always available for questions. Great realtor to choose if you are on the market searching for excellent help!

Crystal Carew

Viren is excellent to talk to about real estate. He is very knowledgeable about the Tuscany and Rocky Ridge areas of Calgary. I always enjoy chatting with him.

caroline nunes

Viren is an amazing realtor. He is knowledgeable and has great insights. He is also very easy to work with and friendly. He helped us when we moved to Calgary. And am sure he will help you find a great house in the perfect location suited to your needs.
Viren Vijayashankar

Viren Vijayashankar

Agent CON-00135400

+1(587) 742-8877

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