For Sale · Multifamily

5405 8 Avenue SE, Calgary

5405 8 Avenue SE, Calgary, AB T2A4L7

$450,000 total

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RA9 — High Rise

$ / SF

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Occupancy

93%

Year Built

1973

Lot Size

0.08302733477313275 ac

About this property

MUST BE SOLD ALONG WITH 5407 8AVE SE AS A PACKAGE ( MLS# A2357983) 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.

Estimate
Purchase price$450K
Down payment30% · $135K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$14K

Annual cash flow

$-10K

Cash-on-cash

-7.76%

DSCR

0.58

Going-in cap

3.21%

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

78,197

Households

29,243

Median income

$112,500

Median age

33.6

Daytime population

125,906

5-yr growth

4.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 5405 8 Avenue SE, Calgary.

NDA required
  • 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.