An exceptional turnkey investment opportunity in the heart of South Calgary, this fully legal fourplex sits on a prime 50' x 125' lot in one of the city's most sought-after neighborhoods. Each of the four self-contained units boasts two bedrooms, in-suite laundry, a dedicated furnace, and a separate electrical panel. The two front units include an additional two-piece bathroom and private balconies, while the south-facing backyard provides ample outdoor space for tenant enjoyment.
This property has been well-maintained and thoughtfully upgraded over the years, including new windows installed just last year. With four assigned parking stalls and plenty of room for a future four-car detached garage, it offers both immediate rental income and future development potential. Tenants pay their own utilities, as all units are separately metered for gas, heat, and water.
Situated just minutes from downtown, Marda Loop, and the lively 17th Avenue district, this property is in an area known for its strong rental demand, excellent amenities, and unbeatable walkability. An investor’s dream, this well-maintained fourplex assures consistent cash flow and attracts quality tenants year-round.
Address
1521 27 Avenue SW
List Price
$1,299,990
Property Type
Multi-Family
Type of Dwelling
4 plex
Style of Home
Side by Side
Area
Calgary CC
Sub-Area
South Calgary
Floor Area
2,001 Sq. Ft.
Lot Size
6243 Sq. Ft.
Year Built
1973
MLS® Number
A2196620
Listing Brokerage
Coldwell Banker Mountain Central
Postal Code
T2T 1G5
Zoning
M-C1
