Rare opportunity in Capitol Hill to own an entire 4 plex - Welcome to 2527 16a St NW, in the bustling inner city neighbourhood of Capitol Hill. This is a really unique opportunity to either own half of a 4 plex, where you can live up and rent down (or vice versa), buy as a revenue property, or package both sides together for a full 4 plex investment property. The location of this building is absolutely awesome. Just steps from Confederation Park (literally a block away), it’s on a super quiet street that has quick access to 24th Ave. for transit, 16th Ave NW, and 14th St. NW. The location also offers convenient proximity to schools, parks, shopping, and transit, easy access to SAIT, ACAD, and the University of Calgary, and is just a short drive to North Hill Mall for shopping and dining. The units themselves are special because of the size. It’s rare to have 3 bedrooms up as well as 2 bedroom (legal) suites down for a total of 5 bedrooms per side. The entrances to each suite are completely separate, with 4 total doors to the outside. The upper units feature balconies that over look the street, and there is enough parking in the back for all units to have space. All utilities are segregated to each unit, as well as each unit has its own in-suite laundry, hot water tank and furnace. There is underground irrigation to aid in easy exterior maintenance. Currently all 4 units are rented, and the renters could be assumed to make this a seamless investment transition. This is a really rare chance to own a fantastic revenue property that will only grow with time. For more details and to see our 360 tour, click the links below.
Data was last updated October 6, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$968,950
Min list price:
$599,900
Max list price:
$2,850,000
Avg days on market:
38
Min days on market:
1
Max days on market:
241
Avg price per sq.ft.:
$547.56
These statistics are generated based on the current listing's property type
and located in
Capitol Hill. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.