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https://www.cirrealty.ca/reb/creb/99/A2227499_2.jpg https://www.cirrealty.ca/reb/creb/99/A2227499_3.jpg https://www.cirrealty.ca/reb/creb/99/A2227499_4.jpg https://www.cirrealty.ca/reb/creb/99/A2227499_5.jpg https://www.cirrealty.ca/reb/creb/99/A2227499_6.jpg https://www.cirrealty.ca/reb/creb/99/A2227499_7.jpg

919 32 Avenue NW

Calgary T2K 0B1

MLS® Number:  A2227499

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  • Home \
  • Calgary \
  • Cambrian Heights \
  • 919 32 Avenue NW

$ 1,075,000

0

BEDROOMS

0 + 0

BATHROOMS

1958

YEAR BUILT

https://www.cirrealty.ca/reb/creb/99/A2227499_2.jpg

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MLS® Number
A2227499
PROPERTY TYPE
Multi Family
LISTING DATE
June-02-2025

This well maintained and upgraded legal 4-plex investment property is strategically located in the desirable Neighbourhood of Cambrian Heights and minutes to Confederation Park making it an ideal opportunity for investors seeking to enhance their portfolio with mult-family housing. Each unit features separate entrances, ensuring privacy for tenants while providing cohesive community atmosphere. The property consists of 4 units, 2 -two bedroom units on the main floor and 2 large one bedroom units on the lower level. These units could possibly be converted to two bedrooms as the large bedrooms have closets on each side of the room. Each suite equipped with essential amenities such as shared laundry on each side of the complex, updated modern white kitchens and spacious living areas. With an attractive layout and ample natural light, these units appeal to a range of tenants from young professionals to small families. The exterior of the building boasts a low maintenance facade with well-kept landscaping and designated parking spaces for tenants plus plenty of street parking. The property is compliant with all local zoning regulations and has been certified as a legal 4-plex, ensuring that each unit is recognized as a separate dwelling for legal and financial purposes. Investing in this 4-plex not only provides a steady stream of rental income but also offers potential for appreciation in an area with high demand for rental properties. The current occupancy rate is strong, with long-standing tenants in place, minimizing turnover and vacancy risks. This property stands out due to its low maintenance needs and the fact the kitchens and bathrooms have been updated in all units. Rental income could be increased and converting the utility costs back to the tenants would improve the income return. .There are 4 gas meters and 4 electrical meters. Whether you're a seasoned investor or new to real estate, this legal 4-plex presents a unique opportunity to invest in a thriving market with solid returns. Current rents are $1400/month for 2 bedrooms, $1100/month for one bedrooms. Insurance $2756, utilities $13,300, Property Tax $4,702.42, Repair and Maintenance $1,837(2024)

COMMUNITY  Cambrian Heights
PROPERTY TYPE  Multi Family
BUILDING TYPE  Duplex
STYLE  N/A
YEAR BUILT 1958
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING  None
FIREPLACE  N/A
FLOORING 
HEATING  Floor Furnace, Forced Air, Natural Gas, See Remarks
LAUNDRY 
LOT FEATURES  Back Lane, City Lot, Landscaped, Low Maintenance Landscape, Near Public Transit
PARKING 
RESTRICTIONS  None Known
ROOF  Asphalt Shingle
TITLE  Fee Simple
BROKER  RE/MAX House of Real Estate

 

 

ROOMS DIMENSIONS (m) LEVEL
Picture for 2119 5 Street SW Picture for 2119 5 Street SW Picture for 2119 5 Street SW Picture for 2119 5 Street SW Picture for 2119 5 Street SW

2119 5 Street SW

Calgary

0 sqft | 0 Beds | 0 + 0 Baths    

$1,149,900 View

Picture for 521 22 Avenue SW Picture for 521 22 Avenue SW Picture for 521 22 Avenue SW Picture for 521 22 Avenue SW Picture for 521 22 Avenue SW

521 22 Avenue SW

Calgary

0 sqft | 0 Beds | 0 + 0 Baths    

$1,195,432 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.