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2311 16 Street SW
Calgary
T2T 4E6
$1,325,000
Multi-Family
1,855 sq. ft.
built: 1956
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2251364
- Year Built:
- 1956
- Photos (50)
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Seize the opportunity to own a fully tenanted multifamily
fourplex in one of Calgary’s most desirable
inner-city communities. This well-maintained property
consists of two self-contained units, both fully leased,
generating a combined rental income of $7,450 per
month. Offering reliable cash flow from day one, this
turnkey investment combines immediate returns with
excellent long-term appreciation potential.
Located in the vibrant Bankview neighbourhood,
just minutes from downtown Calgary, the property
provides exceptional convenience for tenants. Its
prime inner-city location ensures quick commutes,
excellent transit access, and close proximity to
some of the city’s most popular lifestyle hubs,
including Kensington, 17th Avenue SW, and Marda
Loop. Bankview is known for its elevated city views,
character-filled streets, and walkable community
feel, making it a highly sought-after area for renters.
The location offers quick access to major commuter
routes, public transit, and a wealth of shopping,
dining, and recreational amenities.
- 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:
- Attached-Side by Side, Bungalow
- Total Living Area:
- 1,855.44 sq. ft.
- Main Level Finished Area:
- 1,855.44 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 1,512.72 sq. ft.
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 4,960 sq. ft.
- Lot Frontage:
- 50'
- 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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- Year built:
- 1956 (Age: 69)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 5228AF
- Heating:
- High Efficiency, Natural Gas
- Basement:
- Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stucco, Wood Frame
- Structure Type:
- Four Plex
- Roof:
- Shingle
- Ensuite:
- No
- Flooring:
- Laminate
- Cooling:
- None
- Fireplaces:
- 0
- Garage:
- No
- Parking:
- Parking Pad, Stall
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Bankview (Calgary)
- Dishwasher, Electric Stove, Gas Dryer, Microwave, Microwave Hood Fan, Oven, Range Hood, Stove(s), Washer, Washer/Dryer
- n/a
- None Known
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s)
- Interior Features:
- Central Vacuum, Kitchen Island, Storage
- Patio And Porch Features:
- Pergola
- Lot Features:
- Back Yard, Low Maintenance Landscape, Street Lighting
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-CG d72
- Listed Date:
- Aug 25, 2025
- Days on Mkt:
- Signup
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Virtual Tour
Listed by Easy List Realty
Data was last updated September 5, 2025 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 30
- Avg list price:
- $2,900,000
- Min list price:
- $865,000
- Max list price:
- $13,800,000
- Avg days on market:
- 52
- Min days on market:
- 1
- Max days on market:
- 214
- Avg price per sq.ft.:
- $572.01
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
