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https://www.cirrealty.ca/reb/creb/43/A2228043_2.jpg https://www.cirrealty.ca/reb/creb/43/A2228043_3.jpg https://www.cirrealty.ca/reb/creb/43/A2228043_4.jpg https://www.cirrealty.ca/reb/creb/43/A2228043_5.jpg https://www.cirrealty.ca/reb/creb/43/A2228043_6.jpg https://www.cirrealty.ca/reb/creb/43/A2228043_7.jpg https://www.cirrealty.ca/reb/creb/43/A2228043_8.jpg https://www.cirrealty.ca/reb/creb/43/A2228043_9.jpg https://www.cirrealty.ca/reb/creb/43/A2228043_10.jpg https://www.cirrealty.ca/reb/creb/43/A2228043_11.jpg https://www.cirrealty.ca/reb/creb/43/A2228043_12.jpg

1832 27 Avenue NW

Calgary T2M 2J5

MLS® Number:  A2228043

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  • Calgary \
  • Capitol Hill \
  • 1832 27 Avenue NW

$ 3,200,000

0

BEDROOMS

0 + 0

BATHROOMS

0

SQUARE FEET

2026

YEAR BUILT

https://www.cirrealty.ca/reb/creb/43/A2228043_2.jpg

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MLS® Number
A2228043
PROPERTY TYPE
4 plex
LISTING DATE
June-06-2025

Make this investment the cornerstone of your real estate portfolio!! Exceptional new-construction rental opportunity in Capitol Hill, one of Calgary’s most desirable inner-city communities. Backing directly onto Confederation Park Golf Course and scenic walking and biking paths, this purpose-built development offers incredible access to green space and urban convenience. Scheduled for completion in June 2025, the project features eight income-generating suites across two thoughtfully designed buildings. Each building includes spacious upper units of 1,361 sq ft with three bedrooms and 2.5 bathrooms, as well as generous 622 sq ft lower suites with one bedroom. A four-car detached garage with lane access further enhances the functionality and appeal of this property. This investment opportunity stands out due to its premium location and larger-than-average layouts, offering the comfort and practicality today’s renters are looking for. Situated on a 6000 sq ft corner lot, the design allows for superior unit separation and curb appeal compared to typical infill properties. Built with durable finishes, low-maintenance Hardie board exteriors, and high-efficiency HVAC systems, this development ensures lower operating costs and long-term performance — ideal for investors seeking strong returns with minimal upkeep. Capitol Hill’s prime inner-city location places residents just minutes from SAIT, the University of Calgary, Foothills Hospital, and the Alberta Children’s Hospital, making it especially attractive to students, professionals, and healthcare workers. The property also offers quick access to downtown Calgary, 16th Avenue, and major transit routes, ensuring strong rental demand and long-term tenant retention. With projected rents of $2,850/month for the upper suites ($2.10/sq ft) and $1,450/month for the lower suites ($2.20/sq ft), and estimated operating costs at 20%, the development is expected to generate approximately $164,000 in net annual income, reflecting a healthy 5.30% capitalization rate. The beauty is that you have plenty of time to get your CMHC MLI Select financing in place for closing! This is a rare opportunity to own a turnkey, low-maintenance investment property in a high-demand location that blends natural beauty with urban access. Contact Robby Khunkhun today to learn more about how this premium development in Capitol Hill can help you achieve your real estate investment goals. With its unbeatable location, modern construction, and strong rental potential, this property is positioned for long-term success and appreciation.

COMMUNITY  Capitol Hill
PROPERTY TYPE  4 plex
BUILDING TYPE  Four Plex
STYLE  N/A
YEAR BUILT 2026
SQUARE FOOTAGE  0
BEDROOMS  0
BATHROOMS  0
BASEMENT 
AMENITIES 
APPLIANCES 
COOLING 
FIREPLACE  N/A
FLOORING 
HEATING 
LAUNDRY 
LOT FEATURES 
PARKING 
RESTRICTIONS  None Known
ROOF 
TITLE  Fee Simple
BROKER  Real Broker

 

 

ROOMS DIMENSIONS (m) LEVEL
Picture for 301 5 Avenue NE Picture for 301 5 Avenue NE Picture for 301 5 Avenue NE Picture for 301 5 Avenue NE Picture for 301 5 Avenue NE

301 5 Avenue NE

Calgary

7176 sqft | 0 Beds | 0 + 0 Baths    

$3,000,000 View

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Data supplied by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE MLS® System. CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE is the owner of the copyright in its MLS® System. The Listing data is deemed reliable but is not guaranteed accurate by CREB®,CARA®,CREA®,RASCA®,LDAR® or RAE. Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright [2024] by the REALTORS® Association of Edmonton. All Rights Reserved.