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111 - 338 Seton Circle Southeast
$309,900

*** OPEN HOUSE Saturday, May 3 12:00-2:00 *** Welcome to this south-facing corner unit in desirable Seton. This immaculate 2-bedroom home showcases modern laminate flooring...
CIR Realty
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2316 16 Street SW
Bankview
Calgary
T2T 4E7
$1,198,000
Multi-Family
1,177 sq. ft.
built: 1955
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2206809
- Year Built:
- 1955
- Photos (18)
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Why settle for a house or duplex when you can own a high-income fourplex for the same price? This fully upgraded, centrally located Bankview property offers unbeatable rental appeal—just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that cuts heating costs by 60%. The four spacious 1-bedroom units (2,343 square feet total) each have in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $72,000 annually ($1,600 upper, $1,400 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Total Living Area:
- 1,176.8 sq. ft.109 m2
- Main Level Finished Area:
- 1,176.8 sq. ft.109 m2
- Below Grade Finished Area:
- 1,165.8 sq. ft.108 m2
- Lot Area:
- 4,951 sq. ft.460 m2
- Year built:
- 1955 (Age: 70)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 5228AF
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Composite Siding
- Structure Type:
- Four Plex
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Laminate
- Garage:
- 0
- Parking:
- Parking Pad
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- In Unit
- Bankview (Calgary)
- Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
- no
- None Known
- Title to Land:
- Fee Simple
- Community Features:
- Park, Shopping Nearby
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-CG
- Listed Date:
- Mar 29, 2025
Larger map options:
Listed by Datong Property Management Ltd.
Data was last updated May 8, 2025 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 24
- Avg list price:
- $1,325,000
- Min list price:
- $313,000
- Max list price:
- $5,495,000
- Avg days on market:
- 39
- Min days on market:
- 6
- Max days on market:
- 156
- Avg price per sq.ft.:
- $545.92
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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.