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

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2518 16 Street SW
Bankview Calgary T2T 4E9

$3,750,000
Multi-Family 7,600 sq. ft. built: 2025

Main Photo: 2518 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2214661
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2214661
Year Built:
2025
Investor Alert – This Bankview multifamily development offers a rare opportunity to acquire a high-yield, Currently approved for 5 Plex with option to be 8 Plex, luxury finishes, prime location, and long-term financing at a low 3.5% rate, this investment offers exceptional ROI with projected 47.2% annual returns. Ideal for investors seeking low-maintenance income and significant capital appreciation. Contact us for pro forma, rent roll, and detailed financial package. Brand New 6-Plex. potential to 8 Plexes currently they are 4 main dwelling size 1900 average each total 7600 sqf above grade. 4 legal basement average 600 sqf total 2400 sqf which mean 10,000 of living space the basement legal suit are in the process of being legal suits by the city of calgary. Prime Calgary SW (Bankview) Rental Income Potential: Main units: $3,500 – $4,500/month Basement suites: $1,500/month Total projected rent: $20,000 – $24,000/month Similar nearby units rent at $30/sq. ft., underscoring the income potential. Key Investment Highlights: Eligible for CMHC Select Financing – reduce financing costs and increase ROI Located in a high-demand rental area with proven stability Turnkey setup—ready for immediate income generation Ideal for short- and long-term appreciation in a growth-oriented market Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside. Hurry—this opportunity won’t last long! Contact us today to schedule a viewing
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
Attached-Side by Side
Total Living Area:
7,600 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
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:
Levels:
Two
Year built:
2025 (Age: 0)
Bathrooms:
- (Full:-, Half:-)
Plan:
2741P
Basement:
Finished, Full, Suite
New Constr.:
Yes
Structure Type:
Four Plex
Ensuite:
No
Flooring:
Hardwood, Vinyl Plank
Fireplace Details:
Gas
Garage:
Yes
Garage Spaces:
8
Parking:
Double Garage Attached, Garage Door Opener, Garage Faces Front
Parking Places:
16
Parking Total/Covered:
16 / -
Bankview (Calgary)
non
None Known
Title to Land:
Fee Simple
Patio And Porch Features:
Balcony(s), Deck
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG
Listed Date:
Apr 24, 2025
Days on Mkt:
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Listed by First Place Realty
Data was last updated August 11, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$2,324,500
Min list price:
$899,000
Max list price:
$13,800,000
Avg days on market:
42
Min days on market:
11
Max days on market:
218
Avg price per sq.ft.:
$551.5
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