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516 20 Avenue SW, Calgary

$795,000

About this property

$5685/ month rental income. Located 50 meters off the busy 4th Street Main Street District. The subject properties are locatedmid-block in the community of Cliff Bungalow on the north side of 20th Avenue SW. Business District, the Main Street Commercial Corridors off 4th Street SW and 17th 5 one bedroom self contained suites. Updated units with excellent tenant profiles. Located mid-block on 20th avenue which has already undergone re-development. A great opportunity to hold or move forward with a new build.

Essential information

MLS® number
A2352963
Status
Active
Price
$795,000
Property type
Multi-Family
Type
4 plex
Transaction
For Sale
Restrictions
None Known
Living area
1,748 sq ft
Lot size
3,046 sq ft
Year built
1910
Structure
Four Plex
Style
2 Storey
Levels
Two
Listing brokerage
RE/MAX Realty Professionals
Source
Pillar 9™ MLS® System

Interior

Appliances
Electric Stove, Refrigerator
Included
five fridges, five stoves

Exterior and construction

Zoning
M-CG

Parking

Total parking
2
Features
Gravel Driveway

Community

City
Calgary
Province
AB
Postal code
T2S 0E8

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 Figures here are pulled automatically from the MLS® listing and may be incomplete or out of date.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.

The purchase

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The building

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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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MLS® data last updated Nov 8, 2026, 12:50 a.m. (Mountain Time).

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