JN REAL ESTATE GROUP

South Calgary

FOR SALE

$3,995,000

PURCHASE PRICE

1923 26 Avenue SW, Calgary · T2T1E4

4 PLEX · 7,168 SQFT · BUILT 2025

MLS A2336846 · 0 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

Fully leased investor opportunity in Marda Loop, generating $226,800 in annual rental revenue with an assumable MLI Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts, 4 bedrooms, 3.5 bathrooms, and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal, while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft, while lower units offer 678 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, two fireplaces (main level and penthouse), oversized kitchen islands, and large windows for plenty of natural light, with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal, minimizing upkeep for ownership. Located steps from downtown, transit, and Marda Loop's vibrant amenities, this fully operational, cash-flowing asset delivers thoughtful design, efficient studio systems, and strong long-term rental demand — a rare, turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property, and please do not disturb the tenants.

DETAILS

TRANSACTION

TRANSACTION
For Sale

INTERIOR

LIVING AREA (SQFT)
7,168
FIREPLACE
Gas · Living Room · Loft
BASEMENT
Full
BASEMENT DEVELOPMENT
Finished

BUILDING

TYPE
4 plex
STYLE
3 (or more) Storey
YEAR BUILT
2025
CONSTRUCTION
Composite Siding · Stucco · Wood Frame
ROOF
Flat Torch Membrane
FOUNDATION
Poured Concrete

PARKING

GARAGE SPACES
4
TOTAL PARKING
4
PARKING
220 Volt Wiring · Quad or More Detached

LOT & EXTERIOR

LOT SIZE (SQFT)
6,243
LOT SIZE (ACRES)
0.14
PATIO & PORCH
Rooftop Patio

COMMUNITY

COMMUNITY
South Calgary
ZONING
M-CG d75
POSTAL CODE
T2T1E4

UTILITIES & COSTS

COOLING
Full
ANNUAL TAXES
$23,274

LISTING COURTESY OF PAUL BAL · THE REAL ESTATE DISTRICT

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