Welcome to 2312 1 Street NW. This six-suite building features a perfect mix of two 1-bedroom and four 2-bedroom apartments. The property sits on a massive 63x125-foot lot with MC-1 zoning, located very close to Centre Street NE and the future Green Line LRT project. The building includes six parking stalls at the rear, with public transit, shopping, schools, and parks all within walking distance. A brand-new roof was installed in 2025, and the property is professionally managed. **POSSIBILITY OF ASSUMING A CURRENT MORTGAGE THRU RBC @4.34% FOR A QUALIFIED BUYERS**. Please do not approach the tenants. For more inquiries, call your favorite REALTOR!
Essential information
MLS® number
A2341946
Status
Active
Price
$1,575,000
Property type
Commercial
Type
Multi Family
Transaction
For Sale
Restrictions
Non-Smoking Building, Pets Not Allowed
Building area
6,097 sq ft
Year built
1978
Structure
Low Rise (2-4 stories)
Listing brokerage
TREC The Real Estate Company
Source
Pillar 9™ MLS® System
Interior
Heating
Natural Gas
Included
6 fridge, 6 stove, window coverings
Exterior and construction
Roof
Asphalt Shingle
Lot features
Back Lane
Frontage
19.15M 62`10"
Zoning
M-C1
Parking
Total parking
6
Community
City
Calgary
Province
AB
Postal code
T2M2T8
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Investment calculator
Cap rate, cash flow and the coverage ratio a commercial lender will look at first.
Automated estimate — not a final number. Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date. Please confirm the correct figures with the Munafa team before relying on them — 587-971-7993.
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An estimate from the numbers above, not an appraisal and not financial advice. Operating costs, vacancy and lending terms all move it. Nothing typed here is sent anywhere or saved.
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22 photos$1,375,0004536 Stanley Road SW, Calgary
