JN REAL ESTATE GROUP

Capitol Hill

$4,250,000

1224 20 Avenue NW, Calgary · T2N 2K4

BUILT 2025

MLS A2300913 · 91 DAYS ON MARKET

ABOUT THIS HOME

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.

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RE/MAX Complete Realty · Calgary

DETAILS

BUILDING

TYPE
Multi Family
YEAR BUILT
2025

PARKING

TOTAL PARKING
5

LOT & EXTERIOR

LOT SIZE (SQFT)
5,995
LOT SIZE (ACRES)
0.14

COMMUNITY

COMMUNITY
Capitol Hill
ZONING
H-GO
POSTAL CODE
T2N 2K4

UTILITIES & COSTS

ANNUAL TAXES
$4,718