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New

$4,250,000

1224 20 Avenue NW

Capitol Hill, Calgary, Alberta

bed· bath·Row/Townhouse·MLS® A2300913·3mo ago

About this home

Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol HillExceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder, offering long-term durability and strong tenant appeal.The property features 5 upper units and 5 fully legal suites below, all fully rented with zero vacancy, providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts, each offering 3 bedrooms, 2.5 bathrooms, open-concept living spaces, private primary retreats, and private patios. All upper units are equipped with central air conditioning, further enhancing tenant comfort and desirability.Each of the 10 units includes in-suite laundry, providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering favorable financing options for qualified buyers.Additional highlights include 5 rear parking stalls, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment.Ideally located with quick access to downtown, and close to amenities, shopping, transit, and excellent schools, this property is well-positioned for long-term rental demand. (id:66681)

Facts & features

Property type
Row/Townhouse
Year built
2025
Total living area
9,356 sqft
Lot size
5,995 sqft
Basement
None
Legal suite
No
Garage spaces
0
Community
Capitol Hill

Location

This listing is sample data for preview purposes and does not reflect a real, currently available property. Once IAMLOVETIGER’s live DDF® feed is connected, listings here will show real MLS® data with full attribution, provided by the listing brokerage and deemed reliable but not guaranteed.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$850,000 (20%)

Base loan amount$3,400,000

$20,734 / month

First payment: $15,380 interest, $5,354 principal