About 2619 16 Street Sw
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
| 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 |
Community Information
| Address | 2619 16 Street Sw |
|---|---|
| Subdivision | Bankview |
| City | Calgary |
| County | Calgary |
| Province | Alberta |
| Postal Code | T2T 4G3 |
Amenities
| Amenities | None |
|---|---|
| Utilities | See Remarks |
| Parking Spaces | 4 |
| Parking | Concrete Driveway, Parking Pad |
| Is Waterfront | No |
| Has Pool | No |
Interior
| 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
| Exterior Features | None |
|---|---|
| Roof | Asphalt |
| Construction | Brick, Wood Frame |
| Foundation | See Remarks |
Additional Information
| Date Listed | August 18th, 2025 |
|---|---|
| Days on Market | 2 |
| Zoning | M-C2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | TREC The Real Estate Company |
|---|