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