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106 26 Avenue NW

Calgary T2M 2C7

MLS® Number:  A2246207

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  • Home \
  • Calgary \
  • Tuxedo Park \
  • 106 26 Avenue NW

$ 1,800,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

1952

YEAR BUILT

https://www.cirrealty.ca/reb/creb/07/A2246207_2.jpg

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MLS® Number
A2246207
PROPERTY TYPE
Multi Family
LISTING DATE
August-04-2025

(Location, location, location) A Fully leased out residential multi-unit family investor property for sale. Owner of 20 years is now retiring presenting this very rare opportunity to own a highly sought after income generating property. With demand rising due to more and more people and investment capitals moving into Alberta, this property is the perfect addition to any types of asset portfolio focusing on wealth generation as well as preservation. This property is in a highly centralized prime corner lot location of the Tuxedo Park community. Boasting exposure and access to 3 sides of the property. A two-story building that has 6x900 Sqf bedroom suites (4x 2-bedrooms, 2x 3-bedrooms) with separate entrances unlike most multi-family building that has a large common area. Without a common area, the owner will enjoy reduced overall maintenance and expense as well as the benefits of attracting individual tenants desiring duplex or townhome like living space. What’s more, each unit has its own in-suite laundry, fridge and stove, up to 6 parking spaces and 4 electrical plug-ins that further increases its rental appeal. Convenient access to Calgary transit such as the Bus Rapid Transit (BRT) on centre street and potential future LRT station expansion line, this property is also zoned for C-COR2 f1.0h10 land which make this property one of the rarer offerings in the city. This zoning will further add value by allowing existing retail, office and business use as well as supporting a future redevelopment potential turning this into a high rise residential and commercial condo project down the road. Very well maintained by the owner thru out the years reducing significant repair and maintenance cost. The owner also replaced all new hot water tanks, recently replaced basement windows and upgraded electrical service of 6-100 amp. Torch-on flat roof with zero issue and no water leak that can last up to 30 years. Buyer will inherit another benefit that while the current property is generating $106,680 gross income annually, this income is on old timer rent which will give new owner the potential to further increase rental income. If you are looking for passive income and or a long-term holding investment, look no further.

COMMUNITY  Tuxedo Park
PROPERTY TYPE  Multi Family
BUILDING TYPE  Five Plus
STYLE  N/A
YEAR BUILT 1952
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING 
FIREPLACE  N/A
FLOORING 
HEATING 
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  None Known
ROOF 
TITLE 
BROKER  Century 21 Bravo Realty

 

 

ROOMS DIMENSIONS (m) LEVEL
Picture for 2312 22 Street NW Picture for 2312 22 Street NW Picture for 2312 22 Street NW Picture for 2312 22 Street NW Picture for 2312 22 Street NW

2312 22 Street NW

Calgary

0 sqft | 0 Beds | 0 + 0 Baths    

$1,750,000 View

Picture for 1-6, 8 Huntley Close NE Picture for 1-6, 8 Huntley Close NE Picture for 1-6, 8 Huntley Close NE Picture for 1-6, 8 Huntley Close NE Picture for 1-6, 8 Huntley Close NE

1-6, 8 Huntley Close NE

Calgary

0 sqft | 0 Beds | 0 + 0 Baths    

$1,870,000 View

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.