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Sam Pond

sam.pond@exprealty.com +1(403) 889-0913

$1,800,000

Est. payment - /mo

4,220 SqFt

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Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 4220.25

Square Footage 4,220 sqft

Price per Sqft $426

Subdivision Sunnyside

MLS Listing ID A2305081

Style 2 Storey

Year Built 1980

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 4 plex

Property Description

Welcome to Sunnyside—one of Calgary's most sought-after inner-city communities,just steps from the vibrant amenities of Kensington. This exceptional multi-family property presents a prime investment opportunity with strong existing income and additional upside potential. The building features four fully self-contained units,each offering 1,046–1,061 sq ft of well-designed living space,complete with 3 bedrooms and 1.5 bathroom. All units have been recently renovated with durable vinyl plank flooring throughout,while two units feature updated cabinetry and quartz countertops. As part of these upgrades,each suite is equipped with convenient in-unit laundry,enhancing both tenant comfort and long-term rental appeal. The mechanical systems—individual furnaces and hot water tanks for each unit—are located in the basement,supporting efficient maintenance and operation. Three of the four units are currently tenanted,generating $7,400/month in rental income,with tenants paying their own utilities. The fourth unit was most recently rented for $2,800/month,highlighting the strong revenue potential and immediate upside for investors. Additionally,there is potential to develop two basement units,offering a valuable opportunity to further increase cash flow and maximize returns. The property also includes four outdoor parking stalls,adding to tenant convenience and overall appeal. Ideally located,this property is just moments from Memorial Drive,the iconic Peace Bridge,and an abundance of shops,restaurants,parks,and transit options. Directly across the street,a community park and open green space serve as a year-round gathering place,including a popular outdoor skating rink in the winter months—enhancing the property's appeal to tenants seeking both lifestyle and convenience. Whether you're a seasoned investor or looking to expand your portfolio,this is a rare opportunity to acquire a turnkey asset in a high-demand rental location with future development upside.

Location

Province AB

County 0046

Area Cal Zone Cc

Zoning M-CG d72

Direction NW

Rooms

Basement Full, Unfinished

Interior

Interior Features Open Floorplan, Quartz Counters, Separate Entrance, Storage

Heating Forced Air

Cooling None

Flooring Vinyl Plank

Fireplace No

Appliance Dishwasher, Range, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

Exterior Feature Lighting, Playground

Parking Features Parking Pad

Utilities Available See Remarks

Water Access Desc Public

Roof Type Asphalt Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Back Lane, Landscaped

Dwelling Type Four Plex

Story Multi/Split

Foundation Poured Concrete

Sewer Public Sewer

Water Public

Architectural Style 2 Storey

Level or Stories Multi/Split

Others

Restrictions Restrictive Covenant

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Listed by eXp Realty

Nearby Locations

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+1(403) 889-0913

sam.pond@exprealty.com

Calgary, AB, CAN

934 5A ST NW Calgary, AB T2N1R6

Sam Pond

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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934 5A ST NW