1/245407 8 Avenue SE, Calgary
5407 8 Avenue SE, Calgary, AB T2A4L7
$450,000 total
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Asset Class
Multifamily
Size
—
Building class
B
Zoning
RA8 — Medium Rise
$ / SF
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Occupancy
93%
Year Built
1973
Lot Size
0.08327443993614803 ac
About this property
MUST BE SOLD ALONG WITH 5405 8AVE SE AS A PACKAGE ( MLS# A2357959) Solid Bi-Level on a manageable lot in the established community of Penbrooke Meadows. R-C2 zoning offers flexibility for a secondary suite or future updates, making this an excellent opportunity for first-time buyers, families, or investors looking for value in SE Calgary. Enjoy a practical layout with strong bones, easy access to International Avenue (17 Ave SE) for shopping, dining, and services, plus nearby schools, parks, playgrounds, and transit. Mature neighbourhood with a convenient location and room to personalize. Call for full details and a private showing. - Roof replaced Oct 2026 - Both units updated - Separate Laundry for each unit - (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$18K
Annual cash flow
$-7K
Cash-on-cash
-5.05%
DSCR
0.73
Going-in cap
4.03%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
120,291
Households
42,901
Median income
$71,500
Median age
39.1
Daytime population
173,667
5-yr growth
8.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 5407 8 Avenue SE, Calgary.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.