- For Sale $1,249,000
- Property Type Multi-Family
- Property Size 2,838 SF
- Units 4
- Lot Size 0.11 Acre
- Property Tenancy Multi-Tenant
- Building Class A
- Date Updated Mar 25, 2026
Description
Offered for sale in Calgary’s vibrant inner-city community of Bankview, 2311 & 2313 16 Street SW presents a rare investment opportunity with immediate cash flow and long-term upside. This fully leased fourplex features four self-contained units generating a combined rental income of $7,450/month. Situated on a 50x99 ft lot (0.11 acres) and zoned M-CGd72, the property offers contextual ground-oriented multi-residential use. Tenants enjoy proximity to downtown, major commuter routes, and lifestyle destinations like 17th Avenue SW, Marda Loop, and Kensington. With elevated city views, walkable streets, and nearby amenities including Buckmaster Park, the Calgary Tennis Club, and local cafés, Bankview continues to attract strong tenant demand. Recently reduced to $1,295,000, this turnkey asset is ideal for investors seeking stability, location, and future appreciation.Offered for sale in Calgary’s vibrant inner-city community of Bankview, 2311 & 2313 16 Street SW presents a rare investment opportunity with immediate cash flow and long-term upside. This fully leased fourplex features four self-contained units generating a combined rental income of $7,450/month. Situated on a 50x99 ft lot (0.11 acres) and zoned M-CGd72, the property offers contextual ground-oriented multi-residential use. Tenants enjoy proximity to downtown, major commuter routes, and lifestyle destinations like 17th Avenue SW, Marda Loop, and Kensington. With elevated city views, walkable streets, and nearby amenities including Buckmaster Park, the Calgary Tennis Club, and local cafés, Bankview continues to attract strong tenant demand. Recently reduced to $1,295,000, this turnkey asset is ideal for investors seeking stability, location, and future appreciation.
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Contacts
Tom Gorman
NAI Advent
Location
Located at 2311 16 Street Southwest, Calgary, AB T2T 4, this property is part of the Bankview neighborhood.
Contact Listing Broker
Tom Gorman
NAI Advent