2619 16 Street Sw, Calgary, AB, T2T 4G3
$1,449,000
3,903
Square feet
0.12
Acres
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.
Features of 2619 16 Street Sw, Calgary
MLS® # | A2249523 |
---|---|
Price | $1,449,000 |
Bathrooms | 0.00 |
Square Footage | 3,903 |
Acres | 0.12 |
Year Built | 1958 |
Type | Multi-Family |
Sub-Type | 4 plex |
Style | 2 Storey, Up/Down |
Status | Active |
Address | 2619 16 Street Sw |
---|---|
Subdivision | Bankview |
City | Calgary |
County | Calgary |
Province | Alberta |
Postal Code | T2T 4G3 |
Zone | Zone CC |
Amenities at 2619 16 Street Sw, Calgary, AB
Amenities | None |
---|---|
Utilities | See Remarks |
Parking Spaces | 4 |
Parking | Concrete Driveway, Parking Pad |
Is Waterfront | No |
Has Pool | No |
Interior Features | Separate Entrance |
---|---|
Appliances | Dryer, Refrigerator, Washer, Built-In Electric Range |
Cooling | None |
Fireplace | No |
# of Stories | 2 |
Has Basement | Yes |
Basement | Finished, Full |
Exterior Features | None |
---|---|
Roof | Asphalt |
Construction | Brick, Wood Frame |
Foundation | See Remarks |
Date Listed | August 18th, 2025 |
---|---|
Days on Market | 57 |
Zoning | M-C2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
2619 16 Street Sw, Calgary Listing Details
Office | TREC The Real Estate Company |
---|---|
Website | To see this home contact Chamberlain Real Estate Group to Schedule your tour. |
More About 2619 16 Street Sw, Calgary, AB
2619 16 Street Sw Calgary is located in the neighbourhood of Bankview. The community of Bankview has 63 available properties. Bankview makes up 0.98% of the 6,431 total properties listed in Calgary. Homes in Bankview are listed for an average price of $590,863. That is 14.97% lower than the average asking price of $694,883 found across all Calgary properties for sale. If you would like to see other homes like 2619 16 Street Sw Calgary please reach out to us 403-879-4145. Properties like 2619 16 Street Sw can come and go quickly and it's a big reason why having a personalized strategy and search set up for you is key. Let us know how we can help so we don't miss out on 2619 16 Street Sw Calgary or another home like it in the future. Get directions to 2619 16 Street Sw Calgary.