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2619 16 Street SW
Bankview
Calgary
T2T 4G3
$1,449,000
Multi-Family
3,903 sq. ft.
built: 1958
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2249523
- Year Built:
- 1958
- Photos (5)
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Investment opportunity. Up/down 4 plex, just one block from 26 Ave in Bankview in 16 street. This area is big enough to a brand new condo building units, with maximum floor area ratio of 2.5. Each unit is 820 sq.ft. Mix of 3 -2 beds and 1 - 1 bed. Had recently upgraded to newer kitchen cabinet and flooring, newer bath room vanity. Monthly rent is $7,080.00, gross $84,960, net operating income is $72,196.56 making cap rate 5%. Great cash flow and holding property for redevelopment.
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Possession:
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- Possession Date:
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- Home Style:
- 2 Storey, Attached-Up/Down
- Total Living Area:
- 3,902.55 sq. ft.363 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 5,360 sq. ft.498 m2
- Lot Frontage:
- 40'12.2 m
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Reg. Size:
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- Reg. Size Includes:
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- Stories Total:
- 2
- Levels:
- Two
- Year built:
- 1958 (Age: 67)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 3551S
- Electricity:
- Generator
- Basement:
- Finished, Full
- Foundation:
- See Remarks
- New Constr.:
- No
- Construction Material:
- Brick, Wood Frame
- Structure Type:
- Four Plex
- Roof:
- Asphalt
- Ensuite:
- No
- Flooring:
- Laminate, Tile
- Cooling:
- None
- Water Supply:
- See Remarks
- Sewer:
- Public Sewer
- Utilities:
- See Remarks
- Garage:
- No
- Parking:
- Concrete Driveway, Parking Pad
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Bankview (Calgary)
- None
- Built-In Electric Range, Dryer, Refrigerator, Washer
- built-in electric range, dishwasher, washer, dryer, refrigerator
- Rental
- Yes
- Title to Land:
- Fee Simple
- Community Features:
- Other, Shopping Nearby
- Interior Features:
- Separate Entrance
- Exterior Features:
- None
- Patio And Porch Features:
- None
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-C2
- Listed Date:
- Aug 18, 2025
- Days on Mkt:
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Larger map options:
Listed by TREC The Real Estate Company
Data was last updated August 18, 2025 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 26
- Avg list price:
- $2,575,000
- Min list price:
- $865,000
- Max list price:
- $13,800,000
- Avg days on market:
- 46
- Min days on market:
- 18
- Max days on market:
- 196
- Avg price per sq.ft.:
- $568.12
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.
- Gordon Group
- CIR Realty
- 403.891.8027
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.