2526 16 Street, Calgary, Alberta

$4,100,000

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7,600

Square feet

About 2526 16 Street

Investor Alert – Brand New 8-Plex in Prime Calgary SW (Bankview) Seize this rare opportunity to own a brand-new luxury 8-plex in the heart of prestigious Bankview, one of Calgary’s most desirable Southwest communities. With over 7,600 sq. ft. of total living space, this purpose-built income property is designed for maximum cash flow, featuring legal basement suites in every unit for enhanced flexibility and rental yield. Each building includes 4 spacious main dwellings, ranging from 1,830 to 1,950 sq. ft., paired with legal one-bedroom basement suites between 400 and 550 sq. ft. The second garage in each unit has been cleverly repurposed to expand the basement, creating more livable space, while still offering a single attached garage and double driveway per unit for ample parking. ?? Rental Income Potential: Main units: $3,500 – $4,500/month Basement suites: $1,500/month Total projected rent: $20,000 – $24,000/month Similar nearby units rent at $30/sq. ft., underscoring the income potential. ??? Key Investment Highlights: Eligible for CMHC Select Financing – reduce financing costs and increase ROI Located in a high-demand rental area with proven stability Turnkey setup—ready for immediate income generation Ideal for short- and long-term appreciation in a growth-oriented market ??Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside. ?? Hurry—this opportunity won’t last long! Contact us today to schedule a viewing or request the investor package.

Features of 2526 16 Street

MLS® # A2214661
Price $4,100,000
Bathrooms 0.00
Square Footage 7,600
Acres 0.00
Year Built 2025
Type Multi-Family
Sub-Type Duplex
Style Side by Side
Status Active

Community Information

Address 2526 16 Street
Subdivision Bankview
City Calgary
County Calgary
Province Alberta
Postal Code T2T 4E9

Amenities

Parking Spaces 16
Parking Double Garage Attached, Garage Door Opener, Garage Faces Front
# of Garages 8
Is Waterfront No
Has Pool No

Interior

Fireplace No
Fireplaces Gas
Has Basement No

Additional Information

Date Listed April 24th, 2025
Days on Market 10
Zoning M-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeFirst Place Realty

Listing Map