$1,195,000
$1,249,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
2,159 SqFt
SOLD DATE : 02/26/2026
Key Details
Sold Price $1,195,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,159 sqft
Price per Sqft $553
Subdivision Southwood
MLS® Listing ID A2280116
Sold Date 02/26/26
Style Bi-Level
Year Built 1972
Annual Tax Amount $6,072
Tax Year 2025
Lot Size 6,705 Sqft
Acres 0.15
Property Sub-Type 4 plex
Source Calgary
Property Description
EXCEPTIONAL INVESTMENT OPPORTUNITY in a highly desirable Southwest community, within three blocks of the Anderson C-Train Station and Southcentre Mall! This TRUE LEGAL FOURPLEX generates $74,400 in annual rental revenue with excellent tenants in place and strong upside for future rent increases—a rare and highly sought-after asset in this prime, transit-oriented location.
Purpose-built as a fourplex (NOT a converted duplex like many others on the market), this solid investment offers over 4,320 SQ.FT. of total living space across four fully self-contained units, an extremely rare configuration in today's market. Each unit features three bedrooms, its own private entrance, a dedicated furnace, separate electrical meter, individual hot water tank, in-suite washer and dryer, ample storage, a fenced private yard, and a dedicated parking stall—a combination that consistently attracts quality, long-term tenants and supports strong rental demand.
Two of the units have been completely renovated throughout, while a third unit has received numerous updates including a new dishwasher, fresh paint, new baseboards, updated window coverings, and new closet doors. The fourth unit is occupied by long-term tenants and has also seen improvements, including bathroom upgrades, a new washing machine, and a new hot water tank.
Additional property-wide upgrades include new windows and patio doors, high-efficiency furnaces, updated hot water tanks, and various cosmetic improvements, making this a turn-key investment with immediate cash flow and long-term upside.
Located in a high-demand Southwest location with consistent tenant appeal, excellent access to transit, shopping, and amenities, and strong tenants already in place, this is a rare opportunity to acquire a LEGAL fourplex that truly checks every box for investors. If you've been searching for a proven income property with stability, scale, and future potential—THIS IS IT!
Location
Province AB
County Calgary
Area Cal Zone S
Zoning M-C1
Rooms
Basement Full
Interior
Interior Features Storage
Heating Forced Air, Natural Gas
Flooring Carpet, Tile, Vinyl Plank
Fireplaces Number 4
Fireplaces Type Brick Facing, Living Room, Mantle, Wood Burning
Exterior
Parking Features Additional Parking, Alley Access, Stall
Roof Type Asphalt Shingle
Porch Balcony(s)
Lot Frontage 54.99
Total Parking Spaces 4
Building
Foundation Poured Concrete
Architectural Style Bi-Level
Level or Stories Bi-Level
Structure Type Brick,Stucco,Wood Frame
Others
Restrictions None Known
Tax ID 101500904
Ownership Private
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