New Listing
2311 16 Street Sw, Calgary
$1,325,000 - 1,855 Sf
MLS® # A2251364
Easy List Realty
2316 16 Street Sw, Calgary
$1,100,000
0 Beds
0 Baths
2,342 Sqft
.11 Acres
0 Garages
Open house 12-2pm. Saturday Aug 02, 2025. Discover a prime investment with this luxury fourplex—fully upgraded, centrally located, and perfectly situated in Bankview—offering unbeatable rental appeal just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that reduces heating costs by 60%. Each of the four spacious 1-bedroom units (2,343 square feet total) has in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $67,200 annually ($1,500 upper, $1,300 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!
Essential Information
MLS® #A2244497
Price$1,100,000
Bathrooms0.00
Square Footage2,342
Acres0.11
Year Built1955
TypeMulti-Family
Sub-Type4 plex
StatusActive
Community Information
Address2316 16 Street Sw
SubdivisionBankview
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2T 4E7
Amenities
Parking Spaces4
ParkingParking Pad
Appliances
Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Exterior
RoofAsphalt Shingle
ConstructionComposite Siding
FoundationPoured Concrete
Additional Information
ZoningM-CG
Office
Datong Property Management Ltd.
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