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Back to search Home Countries Canada Calgary 2316 16 Street SW|Calgary, Alberta T2T4E7
$1,100,000

2316 16 Street SW|Calgary, Alberta T2T4E7

2316 16 Street SW|Calgary, Alberta T2T4E7
Multi-family

About this home

MLS Number: A2244497

Property Details: • Type: Multi-family • Ownership Type: Freehold • Bedrooms: N/A • Bathrooms: N/A • Building Type: Multi-Family • Building Size: N/A sqft • Building Storeys: N/A • Building Amenities: N/A • Floor Area: N/A • Land Size: N/A • Land Frontage: N/A • Parking Type: Parking Pad • Parking Spaces: N/A

Description: 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! (30915159)

Agent Information: • Agents: Wei Chen • Contact: 403-926-5887 • Brokerage: Datong Property Management Ltd.

Time on Realtor: 3 hours ago

Property facts

Property type
Multi-family
Year built
2016
Days on market
354 days

Features & amenities

Features & finishes
Renovated 2016
energy-efficient windows
new roof
modern appliances
glycol heating system
fourplex
four 1-bedroom units
in-suite laundry
storage
private entrances
walk-out lower units
148 sq-ft utility room
parking

Location

Approximate location · exact address shared on inquiry

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Contact agent
WC
Wei Chen
Datong Property Management Ltd.
Contact this agent
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