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Viren Vijayashankar

viren@bowhaven.com +1(587) 742-8877

$ 1,800,000

Est. payment | -/mo

4,220 SqFt

Save

$ 1,800,000

Est. payment | -/mo

Save

4,220 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 4220.25

Square Footage 4,220 sqft

Price per Sqft $426

Subdivision Sunnyside

MLS Listing ID A2305081

Style 2 Storey

Year Built 1980

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 4 plex

Property Description

Welcome to Sunnyside—one of Calgary's most sought-after inner-city communities,just steps from the vibrant amenities of Kensington. This exceptional multi-family property presents a prime investment opportunity with strong existing income and additional upside potential. The building features four fully self-contained units,each offering 1,046–1,061 sq ft of well-designed living space,complete with 3 bedrooms and 1.5 bathroom. All units have been recently renovated with durable vinyl plank flooring throughout,while two units feature updated cabinetry and quartz countertops. As part of these upgrades,each suite is equipped with convenient in-unit laundry,enhancing both tenant comfort and long-term rental appeal. The mechanical systems—individual furnaces and hot water tanks for each unit—are located in the basement,supporting efficient maintenance and operation. Three of the four units are currently tenanted,generating $7,400/month in rental income,with tenants paying their own utilities. The fourth unit was most recently rented for $2,800/month,highlighting the strong revenue potential and immediate upside for investors. Additionally,there is potential to develop two basement units,offering a valuable opportunity to further increase cash flow and maximize returns. The property also includes four outdoor parking stalls,adding to tenant convenience and overall appeal. Ideally located,this property is just moments from Memorial Drive,the iconic Peace Bridge,and an abundance of shops,restaurants,parks,and transit options. Directly across the street,a community park and open green space serve as a year-round gathering place,including a popular outdoor skating rink in the winter months—enhancing the property's appeal to tenants seeking both lifestyle and convenience. Whether you're a seasoned investor or looking to expand your portfolio,this is a rare opportunity to acquire a turnkey asset in a high-demand rental location with future development upside.

Location

Province AB

County 0046

Area Cal Zone Cc

Zoning M-CG d72

Direction NW

Rooms

Basement Full, Unfinished

Interior

Interior Features Open Floorplan, Quartz Counters, Separate Entrance, Storage

Heating Forced Air

Cooling None

Flooring Vinyl Plank

Fireplace No

Appliance Dishwasher, Range, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

Exterior Feature Lighting, Playground

Parking Features Parking Pad

Utilities Available See Remarks

Water Access Desc Public

Roof Type Asphalt Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Back Lane, Landscaped

Dwelling Type Four Plex

Story Multi/Split

Foundation Poured Concrete

Sewer Public Sewer

Water Public

Architectural Style 2 Storey

Level or Stories Multi/Split

Others

Restrictions Restrictive Covenant

Listed by eXp Realty

LOCATION AND OTHER NEARBY PROPERTIES

REVIEWS

Geeta Singh

As a professional and knowledgeable real estate agent, Viren made the journey of purchasing a home in the Calgary area completely seamless. I felt supported and informed at every single step. His market expertise and unwavering patience truly stood out.

Sartaj Sekhon

Working with Viren is an absolute pleasure, and he is easily one of the most professional Realtors in North West Calgary. What I appreciate most about him is how he always keeps the bigger picture in mind. He doesn’t just focus on getting a quick deal done; he actually steps back, considers the long-term strategy, and focuses on what makes the most sense for his clients down the road. Additionally, his communication is top-notch. He keeps you in the loop every step of the way, anticipates questions before they come up, and is very resourceful when it comes to getting answers and solving problems. He has a great network of folks that he can tap into to resolve any issue! If you're looking for a collaborative, down-to-earth Realtor who truly knows his stuff and puts his clients first, give Viren a call!

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!

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Viren Vijayashankar

Agent CON-00135400

+1(587) 742-8877

934 5A ST NW Calgary, AB T2N1R6

Viren Vijayashankar

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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934 5A ST NW

REVIEWS

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