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$974,900
Est. payment /mo
1,845 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Full Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,845 sqft
Price per Sqft $528
Subdivision Mayland Heights
MLS® Listing ID A2262032
Style Attached-Side by Side
Year Built 1969
Annual Tax Amount $5,951
Tax Year 2025
Lot Size 7,233 Sqft
Acres 0.17
Property Sub-Type Full Duplex
Source Calgary
Property Description
This is a prime investor opportunity to acquire a fully renovated, fully leased-out duplex at 907/909 16 Street NE in the desirable inner-city community of Mayland Heights. This property delivers immediate, robust cash flow with $66,400 in confirmed annual rental income. All units are highly desirable to tenants, offering an configuration of 2 bedrooms and 1 bathroom, each with its own separate entrance, dedicated laundry facilities, and updated electrical panels. Crucially for low operating costs and capital planning, the property features high-efficiency furnaces and a roof that was replaced in 2021. The building sits on a substantial 60 ft x 120 ft lot with coveted R-CG zoning, allowing for future high-density redevelopment (like row houses or townhouses). Additional value is provided by an oversized double detached garage and recent upgrades, including new concrete sidewalks, all set against the backdrop of appealing Downtown Calgary views. This asset is genuinely turnkey, offering a powerful combination of current income and significant long-term appreciation potential. 3d Virtual Tours: https://youriguide.com/907_16_st_ne_calgary_ab & https://youriguide.com/909_16_st_ne_calgary_ab
Location
Province AB
County Calgary
Area Cal Zone Ne
Zoning R-CG
Interior
Inclusions Electric Range (4), Hoodfans (4), Refrigerator (4), Washer (4), Dryer (4), Dishwasher (2)
Exterior
Total Parking Spaces 8
Building
Architectural Style Attached-Side by Side
Others
Restrictions Airspace Restriction
Tax ID 101429559
Ownership Private
Virtual Tour https://youriguide.com/907_16_st_ne_calgary_ab
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Listed by The Real Estate District
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