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Derek J. Bryer

derek@derekjbryer.com +1(587) 325-2992

$ 1,599,999

Est. payment | -/mo

2,045 SqFt

Save

$ 1,599,999

Est. payment | -/mo

Save

2,045 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Square Footage 2,045 sqft

Price per Sqft $782

Subdivision Killarney/Glengarry

MLS® Listing ID A2307149

Style 2 Storey

Year Built 1979

Annual Tax Amount $8,157

Tax Year 2025

Lot Size 5,995 Sqft

Acres 0.14

Property Sub-Type 4 plex

Source Calgary

Property Description

Ideally located in the highly desirable inner-city community of Killarney, just steps from vibrant 17th Avenue, this exceptional 4-plex presents a rare investment opportunity with strong existing income and long-term rental appeal. The property features four fully self-contained units, each offering between 997–1,043 sq ft of well-designed living space complete with 3 bedrooms, 1 full bathroom, and convenient in-unit laundry. All units have been updated with durable vinyl plank flooring, creating a low-maintenance and modern finish that appeals to today's tenants. Each suite is separately metered and equipped with its own furnace and hot water tank, allowing tenants to pay their own utilities while simplifying management and operating costs for ownership. The two upper units are enhanced by charming wood-burning fireplaces and sunny private balconies, while all residents enjoy access to outdoor backyard space and additional storage with the on-site shed. The property also includes four rear parking stalls—one assigned per unit—as well as ample street parking directly out front for guests and additional convenience. Recent concrete repair work surrounding the building has improved lot grading and drainage, helping protect the property and minimize future maintenance concerns. All four units are currently occupied with tenants on fixed-term leases, generating strong and stable rental income of $8,050 per month. Situated within walking distance to transit, schools, parks, and countless amenities, this prime location offers quick access to downtown while being moments from the restaurants, cafés, boutiques, and nightlife that make 17th Avenue one of Calgary's most dynamic destinations. Whether you're looking to expand your portfolio or secure a turnkey multi-family asset in a high-demand rental area, this is an outstanding opportunity with immediate cash flow and lasting investment potential.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-C1

Interior

Heating Forced Air

Cooling None

Flooring Vinyl

Appliance Range, Refrigerator

Laundry In Unit

Exterior

Fence Partial

Community Features Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Lot Description Back Lane, Back Yard, Landscaped, Lawn

Foundation Poured Concrete

Architectural Style 2 Storey

Structure Type Concrete,Stucco

Others

Restrictions None Known

Tax ID 101142164

Ownership Private

Listed by eXp Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(587) 325-2992

derek@derekjbryer.com

1920 31 ST SW Calgary, AB T3E2M9

Derek J. Bryer

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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1920 31 ST SW