Property Details
1923 26 Avenue SW
Calgary (A2336846)
Description
Fully leased investor opportunity in Marda Loop, generating $226,800 in annual rental revenue with an assumable MLI Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts, 4 bedrooms, 3.5 bathrooms, and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal, while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft, while lower units offer 678 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, two fireplaces (main level and penthouse), oversized kitchen islands, and large windows for plenty of natural light, with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal, minimizing upkeep for ownership. Located steps from downtown, transit, and Marda Loop's vibrant amenities, this fully operational, cash-flowing asset delivers thoughtful design, efficient studio systems, and strong long-term rental demand — a rare, turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property, and please do not disturb the tenants.
Property details
- MLS® #
- A2336846
- Property Type:
- Multi-Family
- Subtype:
- 4 plex
- Subdivision:
- South Calgary
- Price
- $3,995,000
- Sale/Lease:
- For Sale
- Size:
- 7,168 sq.ft.
- Year Built:
- 2025 (1 years old)
- Structure Type:
- Four Plex
- Building Style:
- 3 (or more) Storey
- Garage:
- Yes
- Parking:
- 220 Volt Wiring, Quad or More Detached
- Fence:
- Basement:
- Full
- Inclusions:
- Fridge (8), Dishwasher (4), Gas Stove (4), Microwave OTR (4), Hood Fan (4), Electric stove (4), Washer/Dryer (8), A/C (4), Window Coverings, Garage door opener(s),
- Patio/Porch Features:
- Rooftop Patio
- Lot Size:
- 0 acres
- Zoning:
- M-CG d75
- Roof:
- Flat Torch Membrane
- Exterior:
- Composite Siding,Stucco,Wood Frame
- Foundation:
- Poured Concrete
- Cooling:
- Full
- Possession:
- Immediate,Negotiable
- Days on Market:
- 44
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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