Homes for sale - 909 16 ST NE, Calgary, AB T2E 4S7

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Cole Porter

cole@coleporter.ca +1(403) 992-5445

$ 974,900

Est. payment | -/mo

1,845 SqFt

Save Virtual Tour

$ 974,900

Est. payment | -/mo

Save Virtual Tour

1,845 SqFt

Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1845.25

Square Footage 1,845 sqft

Price per Sqft $528

Subdivision Mayland Heights

MLS Listing ID A2262032

Style Attached-Side by Side

Year Built 1969

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type Full Duplex

Property Description

This is a prime investor opportunity to acquire a fully renovated, fully leased-out duplex at 907/909 16 Street NE in the desirable inner-city community of Mayland Heights. This property delivers immediate, robust cash flow with $66,400 in confirmed annual rental income. All units are highly desirable to tenants, offering an configuration of 2 bedrooms and 1 bathroom, each with its own separate entrance, dedicated laundry facilities, and updated electrical panels. Crucially for low operating costs and capital planning, the property features high-efficiency furnaces and a roof that was replaced in 2021. The building sits on a substantial 60 ft x 120 ft lot with coveted R-CG zoning, allowing for future high-density redevelopment (like row houses or townhouses). Additional value is provided by an oversized double detached garage and recent upgrades, including new concrete sidewalks, all set against the backdrop of appealing Downtown Calgary views. This asset is genuinely turnkey, offering a powerful combination of current income and significant long-term appreciation potential. 3d Virtual Tours: https://youriguide.com/907_16_st_ne_calgary_ab & https://youriguide.com/909_16_st_ne_calgary_ab

Location

Province AB

County Cal Zone Ne

Area Cal Zone Ne

Zoning R-CG

Interior

Inclusions Electric Range (4), Hoodfans (4), Refrigerator (4), Washer (4), Dryer (4), Dishwasher (2)

Fireplace No

Exterior

Total Parking Spaces 8

Garage No

Building

Dwelling Type Duplex

Architectural Style Attached-Side by Side

Others

Restrictions Airspace Restriction

Virtual Tour 2 https://youriguide.com/909_16_st_ne_calgary_ab

Virtual Tour https://youriguide.com/907_16_st_ne_calgary_ab

Listed by The Real Estate District

"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

909 16 ST NE Calgary, AB T2E 4S7