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1241 5 Avenue NW

Calgary t2n0s1

MLS® Number:  A2225540

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  • Home \
  • Calgary \
  • Hillhurst \
  • 1241 5 Avenue NW

$ 2,200,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

1971

YEAR BUILT

https://www.cirrealty.ca/reb/

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MLS® Number
A2225540
PROPERTY TYPE
Multi Family
LISTING DATE
May-28-2025

Positioned in the heart of Calgary’s highly desirable Hillhurst neighborhood, 1241 5th Avenue NW offers a rare multifamily investment with both stability and upside. This two-story, eight- unit apartment building consists entirely of one-bedroom suites, each ranging between 485 and 529 square feet—making it an ideal asset for targeting the city’s growing population of students, young professionals, and downsizers who value inner-city living. Originally constructed in 1971, the property has seen several recent upgrades including a new hot water tank (2020), fresh luxury vinyl plank flooring throughout common areas, and modern balcony railings installed in 2023. While all units have received various levels of interior renovations over time, there remains considerable value-add potential for an investor seeking to modernize and reposition the asset to drive rental growth. With one parking stall per unit, solid building fundamentals, and a location steps from Riley Park, Kensington Village, and CTrain access, 1241 5th Avenue NW stands as a prime value-add opportunity in one of Calgary’s most walkable and sought-after urban communities.

COMMUNITY  Hillhurst
PROPERTY TYPE  Multi Family
BUILDING TYPE  Low Rise (2-4 stories)
STYLE  N/A
YEAR BUILT 1971
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  CDN Global Advisors Ltd.

 

 

ROOMS DIMENSIONS (m) LEVEL
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1318 15 Avenue SW

Calgary

0 sqft | 0 Beds | 0 + 0 Baths    

$2,599,900 View

Picture for 733 44 Avenue NW Picture for 733 44 Avenue NW Picture for 733 44 Avenue NW Picture for 733 44 Avenue NW Picture for 733 44 Avenue NW

733 44 Avenue NW

Calgary

0 sqft | 0 Beds | 0 + 0 Baths    

$2,480,000 View

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905 Mckinnon Drive NE

Calgary

0 sqft | 0 Beds | 0 + 0 Baths    

$2,498,000 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.