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$ 3,350,000
Est. payment | /mo
5,268 SqFt
$ 3,350,000
Est. payment | /mo
5,268 SqFt
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5268.0
Square Footage 5,268 sqft
Price per Sqft $635
Subdivision Richmond
MLS Listing ID A2343660
Style 2 Storey
Year Built 2026
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type 4 plex
Property Description
An extraordinary turn-key multi-family 4Plex in Richmond Inner City Calgary. Featuring 8 distinct,revenue-generating units under a single title. 4 upper townhomes plus 4 legal basement suites for excellent rental income. Built for capital efficiency,this project is structured to potentially qualify for CMHC MLI Select financing,which can offer up to 95% Loan-to-Cost (as little as 5% down) and amortizations up to 50 years for eligible applicants. As a purpose-built multi-unit residential development with 4+ units,it may also qualify for the enhanced Federal GST Rental Housing Rebate — Additionally,as a purpose-built completely eliminating the 5% federal tax liability on completion under self-supply rules and putting tens of thousands back into the owner's capital account.
Each of the 4 upper two-storey townhomes offers 1,317 sq. ft. of space with a main-floor open living/dining area,gourmet kitchen with island,half bath,and an upper level containing 3 bedrooms,2 full baths (including primary en-suite),and laundry. The 4 lower legal suites each span 507 sq. ft. with a private entry,full kitchen,1 bedroom,4-piece bath,separate mechanicals,and in-suite laundry. A massive 1,012 sq. ft. 4-bay detached garage provides significant additional rental income from tenant parking or storage leases.
Built to commercial-grade standards,the building features full interior fire sprinklers,separated electrical meters for direct tenant utility billing,and soundproofed party-wall assemblies. The main floor and basement ceilings come complete with 10' high ceilings and modern luxury finishes.
An incredible location located in the heart of Richmond South West Calgary with easy access to downtown,Marda Loop,shopping and more!
Contact today for floor plans,rental projections,and CMHC/GST financing details!
Each of the 4 upper two-storey townhomes offers 1,317 sq. ft. of space with a main-floor open living/dining area,gourmet kitchen with island,half bath,and an upper level containing 3 bedrooms,2 full baths (including primary en-suite),and laundry. The 4 lower legal suites each span 507 sq. ft. with a private entry,full kitchen,1 bedroom,4-piece bath,separate mechanicals,and in-suite laundry. A massive 1,012 sq. ft. 4-bay detached garage provides significant additional rental income from tenant parking or storage leases.
Built to commercial-grade standards,the building features full interior fire sprinklers,separated electrical meters for direct tenant utility billing,and soundproofed party-wall assemblies. The main floor and basement ceilings come complete with 10' high ceilings and modern luxury finishes.
An incredible location located in the heart of Richmond South West Calgary with easy access to downtown,Marda Loop,shopping and more!
Contact today for floor plans,rental projections,and CMHC/GST financing details!
Location
Province AB
County 0046
Area Cal Zone Cc
Zoning M-C1
Direction SW
Rooms
Basement Full, Finished
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Appliance Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer
Exterior
Exterior Feature Private Entrance, Private Yard
Roof Type Asphalt Shingle
Total Parking Spaces 10
Garage No
Building
Dwelling Type Four Plex
Story Two
Foundation Poured Concrete
Architectural Style 2 Storey
Level or Stories Two
New Construction Yes
Others
Restrictions See Remarks
Listed by Century 21 Bravo 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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