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Allen Mehri & Associates - Century 21 Bravo Realty
3009-23 Street NE, Calgary, Alberta
P: 403-462-9999
F: 403-476-5435
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Listing Details

For more information on this listing or other please contact me.

Data was last updated 2026-05-11 at 00:15:13 GMT
$4,250,000

1224 20 Avenue NW   Calgary, Alberta

MLS®: A2300913
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Premium 10-Unit Multifamily Investment ? Fully Rented | Assumable Mortgage | Inner-City Capitol Hill

Exceptional 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.
Premium 10-Unit Multifamily Investment ? Fully Rented | Assumable Mortgage | Inner-City Capitol Hill Exceptional 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.

Listing Information

Prop. Type:
Multi Family (Commercial)
Status:
Active
City:
Calgary
Neighbourhood:
Capitol Hill
Area:
Calgary
Province:
Alberta
MLS® Number:
A2300913
Listing Price:
$4,250,000

General Information

Year Built:
2025

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This property is listed by The Real Estate District and provided here courtesy of Allen Mehri & Associates. For more information or to schedule a viewing please contact Allen Mehri & Associates.
Allen Mehri & Associates
Century 21 Bravo Realty
Phone: 403-462-9999
Mobile Phone: 310-272-9042
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