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212 32 Avenue NE
Highland Park Calgary T2E 2G7

$4,700,000
Multi-Family 12,258 sq. ft. built: 2025

Main Photo: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 1: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 2: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 3: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 4: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Photo 5: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2234264
Year Built:
2025
Brand-New 12-Unit Multifamily Building for Sale | Purpose-Built Rental with Legal Suites | CMHC MLI Select Eligible | Inner-City Calgary. Exceptional opportunity to purchase a newly constructed, purpose-built 12-unit multifamily building located at 212 32 Avenue NE in Calgary, Alberta. This investment property is situated in the highly sought-after inner-city community of Highland Park, just minutes from downtown Calgary, major commuter routes, transit, schools, shopping, and the future Green Line LRT. Designed for maximum income generation, this development features 6 self-contained townhome-style units above grade and 6 fully legal one-bedroom basement suites—each with private entry, separate HVAC systems, and in-suite laundry. Professionally designed by John Trinh & Associates, this new construction multifamily property offers investors long-term durability, contemporary architecture, and excellent curb appeal. All units are individually metered and built to the latest Alberta Building Code standards, with sound attenuation and fire separation in place. Tenants enjoy functional, well-laid-out living spaces with high ceilings, full kitchens, spacious bedrooms, and modern finishes throughout. This is a turn-key, low-maintenance income property ideal for long-term holds and passive income. Strategically positioned near Edmonton Trail, Centre Street, and 16 Avenue NW/Trans-Canada Highway, this rental property offers unmatched access to Calgary’s downtown core, SAIT, University of Calgary, Foothills Hospital, and major employment hubs. With strong population growth, limited new rental supply, and increasing demand for high-quality inner-city housing, this location ensures sustained rental performance and long-term appreciation. This property is fully eligible for the CMHC MLI Select program, allowing qualified buyers to finance with as little as 5% down and amortizations up to 50 years. This creates unparalleled leverage, optimized monthly cash flow, and superior return on investment. Investors can maximize borrowing power while benefiting from stable, long-term debt at CMHC-insured rates. Whether you’re an experienced real estate investor or new to multifamily ownership, this offering presents one of Calgary’s best opportunities to secure a high-performing, cash-flowing asset in a growing inner-city market. Full pro forma, floor plans, construction specifications, and financial analysis available upon request.
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Total Living Area:
12,258.36 sq. ft.
Lot Area:
8,632 sq. ft.
Year built:
2025 (Age: 0)
Bathrooms:
- (Full:-, Half:-)
Plan:
5942AD
New Constr.:
Yes
Structure Type:
Five Plus
Ensuite:
No
Garage:
Yes
Parking:
Quad or More Detached
Parking Places:
6
Parking Total/Covered:
6 / -
Highland Park (Calgary)
Dishwasher, Garage Control(s), Gas Range, Humidifier, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked
None
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
R-CG
Listed Date:
Jun 30, 2025
  • Photo 1: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 1 of 5
  • Photo 2: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 2 of 5
  • Photo 3: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 3 of 5
  • Photo 4: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 4 of 5
  • Photo 5: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 5 of 5
Listed by Real Broker
Data was last updated August 11, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$2,324,500
Min list price:
$899,000
Max list price:
$13,800,000
Avg days on market:
41
Min days on market:
10
Max days on market:
217
Avg price per sq.ft.:
$551.5
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.