2316 16 Street, Calgary

4 plex for Sale

2316 16 Street, Calgary, MLS® # A2206809
  • MLS®#: A2206809
  • Price: $1,239,000
  • Parking: 4
  • Status: Active
  • Year Built: 1955
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Why settle for a house or duplex when you can own a high-income fourplex for the same price? This fully upgraded, centrally located Bankview property offers unbeatable rental appeal—just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that cuts heating costs by 60%. The four spacious 1-bedroom units (2,343 square feet total) each have in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $72,000 annually ($1,600 upper, $1,400 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The savvy investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!

Contact Tessa Corley-Rae & Maria Corley About MLS® A2206809

Required Field

Tessa Corley-Rae & Maria Corley , 403.478.1232 at Real Estate Professionals Inc., 202, 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1

property information

  • Property Type: 4 plex
  • MLS®#: A2206809
  • Year Built: 1955
  • Total Floor Area: 1,177 sq.ft
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Community Information

  • Address: 2316 16 Street
  • Neighbourhood: Bankview
  • City: Calgary
  • Postal Code: T2T 4E7
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interior

  • Included: no
  • Fireplace Details: For Sale
  • Floor Finish: Laminate
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exterior

  • Exterior Finish: Composite Siding
  • Construction: Composite Siding
  • Roof: Asphalt Shingle
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services & amenities

  • Parking: Parking Pad (4 Total Parking Spaces)
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$1,239,000

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Listing Courtesy of
Datong Property Management Ltd.
Disclaimer: The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.