AB > Calgary > Bankview
Calgary, AB T2T 4E7,2316 16 ST Southwest
Calgary, AB T2T 4E7,2316 16 ST Southwest
Calgary, AB T2T 4E7,2316 16 ST Southwest
Calgary, AB T2T 4E7,2316 16 ST Southwest
Calgary, AB T2T 4E7,2316 16 ST Southwest
Calgary, AB T2T 4E7,2316 16 ST Southwest
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Cole Porter

Cole Porter

+1(403) 992-5445
$ 1,100,000
Est. payment | /mo

2,342 SqFt

Save
$ 1,100,000
Est. payment | /mo
Save

2,342 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Square Footage 2,342 sqft

Price per Sqft $469

Subdivision Bankview

MLS® Listing ID A2244497

Year Built 1955

Lot Size 4,951 Sqft

Acres 0.11

Property Sub-Type 4 plex

Property 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!

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-CG

Interior

Flooring Laminate

Inclusions NO

Appliance Dishwasher, Dryer, Electric Stove, Refrigerator, Washer

Laundry In Unit

Exterior

Parking Features Parking Pad

Community Features Park, Shopping Nearby

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Dwelling Type Four Plex

Foundation Poured Concrete

Structure Type Composite Siding

Others

Restrictions None Known

Tax ID 101645311

Listed by Datong Property Management Ltd.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 992-5445

cole@coleporter.ca

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2316 16 ST Southwest