
2834 16 Avenue SE, Calgary, AB T2A0M6
$2.6M total
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Asset Class
Multifamily
Size
—
Building class
C
Zoning
RF6 — Medium Density
$ / SF
—
Occupancy
91%
Year Built
2026
This luxury 4+4 unit modern multi-family building sits on a 50' x 120' lot and offers 4 three-story above-grade units featuring open-concept layouts, 3 bedrooms with 3 ensuites. South-facing units enjoy downtown and Rockies views, while north-facing units offer a full view of Northwest Calgary — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage is fully insulated, while individually electrical meters, and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,823 sq ft, while lower units offer 531 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include vinyl flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, oversized kitchen islands, and large windows for plenty of natural light; the property is fully landscaped with low-maintenance curb appeal. No Sign on the property (id:66811)
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Monthly debt service
$12K
Projected NOI
$89K
Annual cash flow
$-55K
Cash-on-cash
-7.07%
DSCR
0.62
Going-in cap
3.42%
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.
Trade area within 3 miles of the property.
Population
90,716
Households
36,749
Median income
$137,000
Median age
36.9
Daytime population
110,383
5-yr growth
3.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 2834 16 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.