Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
9,356 sqft

$4,250,000

1224 20 Avenue NW, Calgary Alberta, T2N 2K4

Price per sqftC$454.25
Built in2025
Property size9,356 sqft
Property typeCommercial

Overview

Active

Listed Apr 10, 2026

Updated Jun 19

Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol Hill Exceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder, offering long-term durability and strong tenant appeal. The property features 5 upper units and 5 fully legal suites below, all fully rented with zero vacancy, providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts, each offering 3 bedrooms, 2.5 bathrooms, open-concept living spaces, private primary retreats, and private patios. All upper units are equipped with central air conditioning, further enhancing tenant comfort and desirability. Each of the 10 units includes in-suite laundry, providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering favorable financing options for qualified buyers. Additional highlights include 5 rear parking stalls, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment. Ideally located with quick access to downtown, and close to amenities, shopping, transit, and excellent schools, this property is well-positioned for long-term rental demand.

Additional information

MLS® ID
A2300913

Interior Features

Basement
No

Exterior Features

Lot Size
0.14 Acres

Courtesy of The Real Estate District, Adil Thobani

Listing Contact: 403-618-6984 

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. 

©2026 by Pillar 9.  All rights reserved.

Data last updated 1:32 AM UTC, 9/18/2026

Powered by Luxury Presence