JN REAL ESTATE GROUP

Sunnyside

FOR SALE

$1,800,000

PURCHASE PRICE

934 5A Street NW, Calgary · T2N1R6

4 PLEX · 4,220 SQFT · BUILT 1980

MLS A2305081 · 110 DAYS ON MARKET

Interested in this commercial property?

JN Real Estate Group can clarify the listing, discuss whether the assignment fits and arrange a property visit when appropriate.

RE/MAX Complete Realty · Calgary

ABOUT THIS PROPERTY

Welcome to Sunnyside—one of Calgary’s most sought-after inner-city communities, just steps from the vibrant amenities of Kensington. This exceptional multi-family property presents a prime investment opportunity with strong existing income and additional upside potential. The building features four fully self-contained units, each offering 1,046–1,061 sq ft of well-designed living space, complete with 3 bedrooms and 1.5 bathroom. All units have been recently renovated with durable vinyl plank flooring throughout, while two units feature updated cabinetry and quartz countertops. As part of these upgrades, each suite is equipped with convenient in-unit laundry, enhancing both tenant comfort and long-term rental appeal. The mechanical systems—individual furnaces and hot water tanks for each unit—are located in the basement, supporting efficient maintenance and operation. Three of the four units are currently tenanted, generating $7,400/month in rental income, with tenants paying their own utilities. The fourth unit was most recently rented for $2,800/month, highlighting the strong revenue potential and immediate upside for investors. Additionally, there is potential to develop two basement units, offering a valuable opportunity to further increase cash flow and maximize returns. The property also includes four outdoor parking stalls, adding to tenant convenience and overall appeal. Ideally located, this property is just moments from Memorial Drive, the iconic Peace Bridge, and an abundance of shops, restaurants, parks, and transit options. Directly across the street, a community park and open green space serve as a year-round gathering place, including a popular outdoor skating rink in the winter months—enhancing the property’s appeal to tenants seeking both lifestyle and convenience. Whether you’re a seasoned investor or looking to expand your portfolio, this is a rare opportunity to acquire a turnkey asset in a high-demand rental location with future development upside.

DETAILS

TRANSACTION

TRANSACTION
For Sale

INTERIOR

LIVING AREA (SQFT)
4,220
FEATURES
Open Floorplan · Quartz Counters · Separate Entrance · Storage
APPLIANCES
Dishwasher · Range · Refrigerator · Washer/Dryer
FLOORING
Vinyl Plank
BASEMENT
Full
BASEMENT DEVELOPMENT
Unfinished

BUILDING

TYPE
4 plex
STYLE
2 Storey
YEAR BUILT
1980
CONSTRUCTION
Brick · Concrete
ROOF
Asphalt Shingle
FOUNDATION
Poured Concrete
STOREYS
2

PARKING

TOTAL PARKING
4
PARKING
Parking Pad

LOT & EXTERIOR

LOT SIZE (SQFT)
6,006
LOT SIZE (ACRES)
0.14
LOT
Back Lane · Landscaped
EXTERIOR
Lighting · Playground

COMMUNITY

COMMUNITY
Sunnyside
ZONING
M-CG d72
POSTAL CODE
T2N1R6

UTILITIES & COSTS

HEATING
Forced Air
COOLING
None
UTILITIES
See Remarks
ANNUAL TAXES
$6,921

LISTING COURTESY OF KYLE DEXTER · EXP REALTY

DATA PROVIDED BY PILLAR 9. DISPLAYED BY JN REAL ESTATE GROUP · RE/MAX COMPLETE REALTY.