Property Details
934 5A Street NW
Calgary (A2305081)
Description
Welcome to Sunnyside—one of Calgary’s most sought-after inner-city communities, just steps from the vibrant amenities of Kensington. This exceptional multi-family property presents a prime investment opportunity with strong existing income and additional upside potential. The building features four fully self-contained units, each offering 1,046–1,061 sq ft of well-designed living space, complete with 3 bedrooms and 1.5 bathroom. All units have been recently renovated with durable vinyl plank flooring throughout, while two units feature updated cabinetry and quartz countertops. As part of these upgrades, each suite is equipped with convenient in-unit laundry, enhancing both tenant comfort and long-term rental appeal. The mechanical systems—individual furnaces and hot water tanks for each unit—are located in the basement, supporting efficient maintenance and operation. Three of the four units are currently tenanted, generating $7,400/month in rental income, with tenants paying their own utilities. The fourth unit was most recently rented for $2,800/month, highlighting the strong revenue potential and immediate upside for investors. Additionally, there is potential to develop two basement units, offering a valuable opportunity to further increase cash flow and maximize returns. The property also includes four outdoor parking stalls, adding to tenant convenience and overall appeal. Ideally located, this property is just moments from Memorial Drive, the iconic Peace Bridge, and an abundance of shops, restaurants, parks, and transit options. Directly across the street, a community park and open green space serve as a year-round gathering place, including a popular outdoor skating rink in the winter months—enhancing the property’s appeal to tenants seeking both lifestyle and convenience. Whether you’re a seasoned investor or looking to expand your portfolio, this is a rare opportunity to acquire a turnkey asset in a high-demand rental location with future development upside.
Property details
- MLS® #
- A2305081
- Property Type:
- Multi-Family
- Subtype:
- 4 plex
- Subdivision:
- Sunnyside
- Price
- $1,800,000
- Sale/Lease:
- For Sale
- Size:
- 4,220 sq.ft.
- Year Built:
- 1980 (46 years old)
- Structure Type:
- Four Plex
- Building Style:
- 2 Storey
- Garage:
- No
- Parking:
- Parking Pad
- Fence:
- Basement:
- Full
- Features:
- Open Floorplan, Quartz Counters, Separate Entrance, Storage
- Inclusions:
- N/A
- Appliances:
- Dishwasher, Range, Refrigerator, Washer/Dryer
- Laundry:
- In Unit
- Exterior Features:
- Lighting, Playground
- Lot Size:
- 0 acres
- Lot Features:
- Back Lane, Landscaped
- Water:
- Public
- Sewer:
- Public Sewer
- Utilities:
- See Remarks
- Zoning:
- M-CG d72
- Roof:
- Asphalt Shingle
- Exterior:
- Brick,Concrete
- Floors:
- Vinyl Plank
- Foundation:
- Poured Concrete
- Heating:
- Forced Air
- Cooling:
- None
- Possession:
- Negotiable
- Days on Market:
- 49
Basic Info
Building Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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