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by Diane Richardson

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Phone: 403.397.3706

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212 32 Avenue NE
Highland Park Calgary T2E 2G7

$4,700,000
Multi-Family 12,258 sq. ft. built: 2025

Main Photo: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 1: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 2: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 3: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 4: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 5: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2234264
Year Built:
2025
Brand-New 12-Unit Multifamily Building for Sale | Purpose-Built Rental with Legal Suites | CMHC MLI Select Eligible | Inner-City Calgary. Exceptional opportunity to purchase a newly constructed, purpose-built 12-unit multifamily building located at 212 32 Avenue NE in Calgary, Alberta. This investment property is situated in the highly sought-after inner-city community of Highland Park, just minutes from downtown Calgary, major commuter routes, transit, schools, shopping, and the future Green Line LRT. Designed for maximum income generation, this development features 6 self-contained townhome-style units above grade and 6 fully legal one-bedroom basement suites—each with private entry, separate HVAC systems, and in-suite laundry. Professionally designed by John Trinh & Associates, this new construction multifamily property offers investors long-term durability, contemporary architecture, and excellent curb appeal. All units are individually metered and built to the latest Alberta Building Code standards, with sound attenuation and fire separation in place. Tenants enjoy functional, well-laid-out living spaces with high ceilings, full kitchens, spacious bedrooms, and modern finishes throughout. This is a turn-key, low-maintenance income property ideal for long-term holds and passive income. Strategically positioned near Edmonton Trail, Centre Street, and 16 Avenue NW/Trans-Canada Highway, this rental property offers unmatched access to Calgary’s downtown core, SAIT, University of Calgary, Foothills Hospital, and major employment hubs. With strong population growth, limited new rental supply, and increasing demand for high-quality inner-city housing, this location ensures sustained rental performance and long-term appreciation. This property is fully eligible for the CMHC MLI Select program, allowing qualified buyers to finance with as little as 5% down and amortizations up to 50 years. This creates unparalleled leverage, optimized monthly cash flow, and superior return on investment. Investors can maximize borrowing power while benefiting from stable, long-term debt at CMHC-insured rates. Whether you’re an experienced real estate investor or new to multifamily ownership, this offering presents one of Calgary’s best opportunities to secure a high-performing, cash-flowing asset in a growing inner-city market. Full pro forma, floor plans, construction specifications, and financial analysis available upon request.
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
12,258.36 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
8,632 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:
Year built:
2025 (Age: 0)
Bathrooms:
- (Full:-, Half:-)
Plan:
5942AD
New Constr.:
Yes
Structure Type:
Five Plus
Ensuite:
No
Garage:
1
Parking:
Quad or More Detached
Parking Places:
6
Parking Total/Covered:
6 / -
Highland Park (Calgary)
Dishwasher, Garage Control(s), Gas Range, Humidifier, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked
None
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Jun 30, 2025
Days on Mkt:
  • Photo 1: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 1 of 5
  • Photo 2: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 2 of 5
  • Photo 3: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 3 of 5
  • Photo 4: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 4 of 5
  • Photo 5: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 5 of 5
Listed by Real Broker
Data was last updated July 13, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$2,499,000
Min list price:
$899,000
Max list price:
$13,800,000
Avg days on market:
40
Min days on market:
2
Max days on market:
188
Avg price per sq.ft.:
$531.95
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.

Contact Diane Richardson: 

Get in Touch with Your Questions or to Schedule Viewings via Phone, Email, Contact Form, or Live Chat

Contact Options:

  • Contact Form: Use the form on my website to send me a message directly. Please provide your name, email address, and message, and don't forget to include the property address or MLS® number for the listing you're interested in.

  • Phone Number: Call me directly at 403.397.3706 for any questions or to schedule viewings.

  • Email Address: Send me an email at Diane@Mypadcalgary.com for additional information or questions you may have.

  • Live Chat: Connect with me in real-time through the live chat feature on my website for immediate answers to your questions.
    This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.

Diane Richardson 403.397.3706
Cell: 403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary AB T2H 2C3 CA