With four legal units already in place, substantial land, excellent condition and a prime location, this is a compelling opportunity to add four doors to your portfolio in one strategic purchase. A carefully maintained and exceptionally well-kept fourplex on an impressive 7,787 sq.ft. lot in one of Calgary’s most connected inner-city communities.
Enjoy easy access to Confederation Park and Golf Course, Capitol Hill School, SAIT, the University of Calgary, North Hill Centre, Lions Park LRT, Foothills Medical Centre and Downtown Calgary.
The property features four legal up-and-down suites and has been thoughtfully cared for over the years. Three suites are currently rented while the fourth is owner-occupied, creating additional rental upside.
Essential information
MLS® number
A2352377
Status
Active
Price
$1,400,000
Property type
Multi-Family
Type
4 plex
Transaction
For Sale
Restrictions
None Known
Living area
4,000 sq ft
Lot size
7,782 sq ft
Year built
1964
Structure
Four Plex
Style
Bi-Level
Levels
Bi-Level
Listing brokerage
Real Broker
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Flooring
Carpet, Ceramic Tile, Hardwood, Linoleum
Appliances
Electric Stove, Refrigerator, Washer/Dryer
Features
Ceiling Fan(s)
Laundry
In Unit
Included
4x Refrigerator, 4x Stove(s), 4x Washer/Dryer, Shed and Window Coverings
Exterior and construction
Construction
Wood Frame
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Back Yard, Backs on to Park/Green Space, Front Yard, Landscaped, Low Maintenance Landscape, Near Golf Course, Near Public Transit, Near Shopping Center, No Back Lane, No Neighbours Behind, On Golf Course, Rectangular Lot, Street Lighting, Views
Frontage
19.69M 64`7"
Zoning
R-CG
Parking
Total parking
4
Features
Stall
Community
City
Calgary
Province
AB
Postal code
T2M 1Y6
Features
Golf, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Where it is
Loading map…
Approximate location, plotted from the listing’s own coordinates.
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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.
Cap rate—
Cash on cash—
Net operating income
—
Mortgage payment monthly
—
Annual debt service
—
Cash flow monthly, before tax
—
Cash in the deal
—
Loan amount
—
Debt service coverage—
—
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.
Tell me when another one comes up
Leave your details and Satyam will let you know as soon as a new listing in multi-family buildings in Calgary reaches the market — often before it is advertised anywhere else.
✓
You are on the list.
You will hear the moment a new listing in multi-family buildings comes up.
40 photos$1,289,0006131 Bowness Road NW, Calgary
