Townhome Living Redefined: Explore Cranston Townhomes for Sale (Updated Daily)

Searching for a modern and functional home in a vibrant Calgary community? Look no further than Cranston townhomes! Our website is meticulously updated daily with the newest listings for Cranston Townhomes for Sale. Discover your perfect blend of comfort, affordability, and a thriving community atmosphere.

Embrace the Townhome Lifestyle in Cranston:

  • Modern Convenience: Experience the ease of condo-style living with the added benefit of extra space. Spend less time on maintenance and more time exploring all that Cranston offers.
  • Spacious Comfort: Find a townhome that offers ample living space, perfect for young families, professionals, or retirees seeking a comfortable and functional home.
  • Vibrant Community Spirit: Immerse yourself in a friendly and established community. Cranston boasts parks, green spaces, mature trees, and a network of pathways, creating a welcoming atmosphere.
  • Connected Location: Major roadways are readily accessible, ensuring an easy commute throughout Calgary. Despite its convenient location, Cranston offers a tranquil and friendly community environment.
  • Family-Friendly Focus (Optional): While Cranston caters to a variety of residents, some communities boast excellent schools and playgrounds, making them ideal for families. Many townhomes feature private backyards or patios, perfect for outdoor playdates or entertaining.

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Unlock the Door to Your Dream Lifestyle:

Ready to find a stylish and comfortable townhome in a vibrant community? Contact Diane Richardson today! With her in-depth market knowledge and unwavering dedication to her clients, Diane will help you find the perfect townhome in Cranston and guide you through every step of the buying process.

Call Diane Richardson at 403.397.3706 or drop her an email for a personalized consultation.

Don't miss out! Cranston townhomes are popular and sell quickly. Explore our extensive listings today and find your perfect urban oasis!

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301 5 Avenue NE
Crescent Heights Calgary T2E 0K9

$3,000,000
Multi-Family 7,176 sq. ft. built: 2016

Prime Turnkey Airbnb Investment Opportunity: Fully Furnished, Professionally Managed 4-Plex
Photo 1: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 2: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 3: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 4: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 5: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 6: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 7: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 8: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 9: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 10: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 11: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 12: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 13: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 14: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 15: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 16: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 17: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 18: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 19: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 20: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 21: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 22: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 23: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 24: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 25: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 26: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 27: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 28: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 29: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 30: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 31: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 32: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 33: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 34: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 35: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 36: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 37: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 38: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Photo 39: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2234866
Year Built:
2016
Turnkey Investment Opportunity – Fully Furnished and Professionally Managed Airbnb 4-Plex in Prime Inner-City Location. Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value. Each spacious unit includes: 2300 Square Feet Of Livable Space Over 4 Levels | 4 Large Bedrooms, 4.5 Bathrooms | Large West Facing Patio | Spacious Bonus Room With Cozy Fireplace | Fully Finished Basement With Wet Bar And Single Detached Garage | Stylish, move-in-ready modern interiors curated for comfort and durability | The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you’re perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views. Key Highlights: Fully operational as a high-performing Airbnb short term rental. All furnishings included. Managed by professionals for a seamless, turnkey experience. Outstanding location. Immediate cash-flow potential with long-term upside. High-performing income property with 6.05% cap rate Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
3 (or more) Storey
Total Living Area:
7,176.3 sq. ft.
Main Level Finished Area:
2,529.2 sq. ft.
Upper Level Finished Area:
4,647.1 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
2,041.6 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
5,974 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Stories Total:
3
Levels:
Three Or More
Year built:
2016 (Age: 9)
Bathrooms:
- (Full:-, Half:-)
Plan:
1332N
Structure Type:
Four Plex
Ensuite:
No
Garage:
0
Garage Spaces:
4
Parking Places:
4
Parking Total/Covered:
4 / -
Crescent Heights
Dishwasher, Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
none
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
Jun 26, 2025
Days on Mkt:
  • Photo 1: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
    Prime Turnkey Airbnb Investment Opportunity: Fully Furnished, Professionally Managed 4-Plex
  • Photo 2: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
    Each unit is 2300 Square Feet Of Livable Space Over 4 Levels
  • Photo 3: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
    Fully Furnished and Turn Key
  • Photo 4: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
    Each unit is very similar finishing
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  • Photo 38: 301 5 Avenue NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2234866
    Single Garage For Each Unit
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Listed by Comox Realty
Data was last updated July 24, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$2,375,000
Min list price:
$899,000
Max list price:
$13,800,000
Avg days on market:
51
Min days on market:
5
Max days on market:
199
Avg price per sq.ft.:
$533.33
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.
Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA