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Data was last updated 2026-07-11 at 15:40:05 GMT
$3,150,000

1236 17 Avenue NW   Calgary, Alberta

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MLS®: A2311508
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Welcome to 1236 17 Avenue NW, a rare opportunity to acquire a brand new, purpose built four plex with 4 fully legal basement suites, totalling 8 self contained units in one of Calgary's most strategically located inner city communities. This is not just a property, this is a fully built, turnkey cash flow machine sitting directly opposite SAIT Polytechnic on the high visibility 16th Avenue NW corridor, where tenant demand is as strong and consistent as anywhere in the city.
The location is simply unmatched. Situated in Capitol Hill, you are literally steps from SAIT Polytechnic , one of Canada's largest post secondary institutions with over 40,000 students and staff actively seeking quality housing. Add close proximity to the University of Calgary, Foothills Medical Centre, you have a virtually inexhaustible pipeline of high quality tenants- students, healthcare professionals, faculty, and downtown professionals. With downtown Calgary just 12 minutes away, the Jubilee C Train station nearby, and 16th Avenue providing direct arterial access across the city, this location commands premium rents and near zero vacancy year round.
The property delivers approx 5500 sq.ft. of above grade living space across 4 beautifully designed two storey townhome style units, each complemented by a fully legal 530 sq.ft. basement suite with its own private entrance. The 4 upper units each offer an open concept main floor with modern kitchen, living and dining areas plus a second floor of with spacious bedrooms and full bathrooms. The 4 legal basement suites each provide 530 sq.ft of bright, efficiently designed living space with fully private, separate entrances.
The property also includes a detached 4 car garage plus dedicated mobility storage.

From an investment standpoint, Capitol Hill's rental market is driven by persistent post secondary demand, near zero vacancy, Calgary's no-rent-control environment, and continued inner-city intensification. With 8 fully legal, rentable doors in a market where quality supply is chronically constrained, this property is positioned to deliver strong, stable cash flow. This property also qualifies for CMHC MLI Select financing, offering potential access to 95% LTV, 50 year amortization, and significantly enhanced leverage, subject to lender and CMHC approval. Opportunities like this fully built, fully legal, 8 units, steps from SAIT do not come available often. Contact us today and arrange a private showing before this one is gone.
Welcome to 1236 17 Avenue NW, a rare opportunity to acquire a brand new, purpose built four plex with 4 fully legal basement suites, totalling 8 self contained units in one of Calgary's most strategically located inner city communities. This is not just a property, this is a fully built, turnkey cash flow machine sitting directly opposite SAIT Polytechnic on the high visibility 16th Avenue NW corridor, where tenant demand is as strong and consistent as anywhere in the city. The location is simply unmatched. Situated in Capitol Hill, you are literally steps from SAIT Polytechnic , one of Canada's largest post secondary institutions with over 40,000 students and staff actively seeking quality housing. Add close proximity to the University of Calgary, Foothills Medical Centre, you have a virtually inexhaustible pipeline of high quality tenants- students, healthcare professionals, faculty, and downtown professionals. With downtown Calgary just 12 minutes away, the Jubilee C Train station nearby, and 16th Avenue providing direct arterial access across the city, this location commands premium rents and near zero vacancy year round. The property delivers approx 5500 sq.ft. of above grade living space across 4 beautifully designed two storey townhome style units, each complemented by a fully legal 530 sq.ft. basement suite with its own private entrance. The 4 upper units each offer an open concept main floor with modern kitchen, living and dining areas plus a second floor of with spacious bedrooms and full bathrooms. The 4 legal basement suites each provide 530 sq.ft of bright, efficiently designed living space with fully private, separate entrances. The property also includes a detached 4 car garage plus dedicated mobility storage. From an investment standpoint, Capitol Hill's rental market is driven by persistent post secondary demand, near zero vacancy, Calgary's no-rent-control environment, and continued inner-city intensification. With 8 fully legal, rentable doors in a market where quality supply is chronically constrained, this property is positioned to deliver strong, stable cash flow. This property also qualifies for CMHC MLI Select financing, offering potential access to 95% LTV, 50 year amortization, and significantly enhanced leverage, subject to lender and CMHC approval. Opportunities like this fully built, fully legal, 8 units, steps from SAIT do not come available often. Contact us today and arrange a private showing before this one is gone.

Listing Information

Prop. Type:
4 plex
Status:
Active
City:
Calgary
Neighbourhood:
Capitol Hill
Area:
Calgary
Province:
Alberta
MLS® Number:
A2311508
Listing Price:
$3,150,000

General Information

Year Built:
2025
Total Square Feet:
5476ft2

Additional Information

Parking:
Quad or More Detached

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This property is listed by Real Broker and provided here courtesy of Chris Tarves. For more information or to schedule a viewing please contact Chris Tarves.
Chris Tarves
SUTTON GROUP CANWEST
Phone: 4032789208
Mobile Phone: 4036067334
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
This site's content is the responsibility of Chris Tarves, licensed Salesperson in the Province of Alberta.
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The Trademarks REALTOR, REALTORS And The REALTOR Logo Are Controlled By The Canadian Real Estate Association (CREA) And Identify Real Estate Professionals Who Are Members Of CREA. Used Under License. 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.


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