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2526 16 Street
Bankview
Calgary
T2T 4E9
$3,900,000
Multi-Family
7,600 sq. ft.
built: 2025
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2214661
- Year Built:
- 2025
- Photos (49)
- Schedule / Email
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Investor Alert – Brand New 6-Plex in Prime Calgary SW (Bankview)
Seize this rare opportunity to own a brand-new luxury 6-plex in the heart of prestigious Bankview, one of Calgary’s most desirable Southwest communities. With over 7,600 sq. ft. of total living space, this purpose-built income property is designed for maximum cash flow, featuring legal basement suites in every unit for enhanced flexibility and rental yield.
Each building includes 4 spacious main dwellings, ranging from 1,830 to 1,950 sq. ft., paired with legal one-bedroom basement suites between 400 and 550 sq. ft. The second garage in each unit has been cleverly repurposed to expand the basement, creating more livable space, while still offering a single attached garage and double driveway per unit for ample parking.
?? Rental Income Potential:
Main units: $3,500 – $4,500/month
Basement suites: $1,500/month
Total projected rent: $20,000 – $24,000/month
Similar nearby units rent at $30/sq. ft., underscoring the income potential.
Key Investment Highlights:
Eligible for CMHC Select Financing – reduce financing costs and increase ROI
Located in a high-demand rental area with proven stability
Turnkey setup—ready for immediate income generation
Ideal for short- and long-term appreciation in a growth-oriented market Whether you're an experienced investor or expanding your portfolio, this asset delivers strong performance, desirable location, and future upside.
Hurry—this opportunity won’t last long! Contact us today to schedule a viewing or request the investor package.
- Property Type:
- Multi-Family
- Property Sub Type:
- Full Duplex
- Transaction Type:
- For Sale
- Home Style:
- Attached-Side by Side
- Total Living Area:
- 7,600 sq. ft.706 m2
- Levels:
- Two
- Year built:
- 2025 (Age: 0)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 2741P
- New Constr.:
- Yes
- Structure Type:
- Duplex
- Ensuite:
- No
- Flooring:
- Hardwood
- Fireplace Details:
- Gas
- Garage:
- 1
- Garage Spaces:
- 8
- Parking:
- Double Garage Attached, Garage Door Opener, Garage Faces Front
- Parking Places:
- 16
- Parking Total/Covered:
- 16 / -
- Bankview (Calgary)
- non
- None Known
- Title to Land:
- Fee Simple
- Patio And Porch Features:
- Balcony(s), Deck
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-CG
- Listed Date:
- Apr 24, 2025
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Larger map options:
Listed by First Place Realty
Data was last updated May 21, 2025 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 26
- Avg list price:
- $1,350,000
- Min list price:
- $875,000
- Max list price:
- $5,495,000
- Avg days on market:
- 45
- Min days on market:
- 1
- Max days on market:
- 169
- Avg price per sq.ft.:
- $524.73
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.