2619 16 Street SW
Calgary
T2T 4G3
$1,449,000
Multi-Family
3,903 sq. ft.
built: 1958
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2249523
- Year Built:
- 1958
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Investment opportunity. Up/down 4 plex, just one block from 26 Ave in Bankview in 16 street. This area is big enough to a brand new condo building units, with maximum floor area ratio of 2.5. Each unit is 820 sq.ft. Mix of 3 -2 beds and 1 - 1 bed. Had recently upgraded to newer kitchen cabinet and flooring, newer bath room vanity. Monthly rent is $7,080.00, gross $84,960, net operating income is $72,196.56 making cap rate 5%. Great cash flow and holding property for redevelopment.
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Home Style:
- 2 Storey, Attached-Up/Down
- Total Living Area:
- 3,902.55 sq. ft.
- Lot Area:
- 5,360 sq. ft.
- Lot Frontage:
- 40'
- Stories Total:
- 2
- Levels:
- Two
- Year built:
- 1958 (Age: 67)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 3551S
- Electricity:
- Generator
- Basement:
- Finished, Full
- Foundation:
- See Remarks
- New Constr.:
- No
- Construction Material:
- Brick, Wood Frame
- Structure Type:
- Four Plex
- Roof:
- Asphalt
- Ensuite:
- No
- Flooring:
- Laminate, Tile
- Cooling:
- None
- Water Supply:
- See Remarks
- Sewer:
- Public Sewer
- Utilities:
- See Remarks
- Garage:
- No
- Parking:
- Concrete Driveway, Parking Pad
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Bankview (Calgary)
- None
- Built-In Electric Range, Dryer, Refrigerator, Washer
- built-in electric range, dishwasher, washer, dryer, refrigerator
- Rental
- Yes
- Title to Land:
- Fee Simple
- Community Features:
- Other, Shopping Nearby
- Interior Features:
- Separate Entrance
- Exterior Features:
- None
- Patio And Porch Features:
- None
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-C2
- Listed Date:
- Aug 18, 2025
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Listed by TREC The Real Estate Company
Data was last updated August 30, 2025 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 31
- Avg list price:
- $2,150,000
- Min list price:
- $865,000
- Max list price:
- $13,800,000
- Avg days on market:
- 51
- Min days on market:
- 2
- Max days on market:
- 208
- Avg price per sq.ft.:
- $568.52
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- WARREN SHOULDICE
- Associate
- 403-461-8103
- warrenshouldice@gmail.com
