$4,250,000
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1224 20 Avenue Nw, Calgary, AB T2N 2K4

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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.

Listing By: Adil Thobani - The Real Estate District cnpilar Realty.com
  • MLS® A2300913
  • Date Listed04/10/2026
  • Days on Realty 108 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size 0.14 acres (5,995 sq. ft)
  • Subdivision Capitol Hill
  • County Calgary
  • Year Built 2025

Exterior / Lot Features

  • Roof -
  • Lot Size Acres 0.14
  • Lot Size SQFT 5,995.00
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for T2N 2K4

Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.

Walkability in AB / T2N 2K4

Source: Walk Score

88/100

Very Walkable

Walk Score ®

61/100

Good Transit

Transit Score ®

98/100

Biker's Paradise

Bike Score ®

Overview

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

Transit Summary

16 nearby routes: 15 bus, 1 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 56/100, Bike Score: 76/100.

Points of Interest near 1224 20 Avenue NW, Calgary, AB T2N 2K4

Frequently Asked Questions for 1224 20 Avenue NW

Source: Realty.com

1224 20 Avenue NW, Calgary, AB T2N 2K4 in Capitol Hill, Calgary, AB T2N 2K4 is a multi family listed at $4,250,000. Highlights include built in 2025, 0.14 acre lot. Realty.ca has 50 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 50 photos of 1224 20 Avenue NW.

Our records indicate that 1224 20 Avenue NW was built in 2025.

The full address for this home is 1224 20 Avenue NW, Calgary, AB T2N 2K4.

1224 20 Avenue NW has been listed on Realty.com since Fri April 10, 2026

Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 56/100, Bike Score: 76/100.

Listing provided courtesy of: The Real Estate District (tel: 403-618-6984)
Listing agent: Adil Thobani (tel: 403-618-6984)

This content last refreshed on 2026-07-27 06:56:36. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.