UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4 plex
Listing Status Active
Purchase Type For Sale
Square Footage 7,176 sqft
Price per Sqft $418
Subdivision Crescent Heights
MLS® Listing ID A2234866
Style 3 (or more) Storey
Year Built 2016
Lot Size 5,974 Sqft
Acres 0.14
Property Sub-Type 4 plex
Property Description
Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value.
Each spacious unit includes:
2300 Square Feet Of Livable Space Over 4 Levels |
4 Large Bedrooms, 4.5 Bathrooms |
Large West Facing Patio |
Spacious Bonus Room With Cozy Fireplace |
Fully Finished Basement With Wet Bar And Single Detached Garage |
Stylish, move-in-ready modern interiors curated for comfort and durability |
The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you're perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views.
Key Highlights:
Fully operational as a high-performing Airbnb short term rental.
All furnishings included.
Managed by professionals for a seamless, turnkey experience.
Outstanding location.
Immediate cash-flow potential with long-term upside.
High-performing income property with 6.05% cap rate
Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-CG d72
Interior
Inclusions none
Appliance Dishwasher, Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Exterior
Garage Spaces 4.0
Total Parking Spaces 4
Building
Dwelling Type Four Plex
Story 3
Architectural Style 3 (or more) Storey
Level or Stories Three Or More
Others
Restrictions None Known
Tax ID 101759081
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