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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. (id:58753)
Source: Public Records
| Street Address | Beds | Baths | Sold Date | List Price |
|---|---|---|---|---|
| 651 Macewan Drive NW | 3 | 3 | Jul 03, 2026 | $589,000 |
Discover key demographics, population statistics, and environmental insights for the Calgary, AB area.
88/100
Very Walkable
Walk Score ®
61/100
Good Transit
Transit Score ®
98/100
Biker's Paradise
Bike Score ®
Most errands can be accomplished on foot. Many nearby public transportation options. Daily errands can be accomplished on a bike.
16 nearby routes: 15 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 56/100, Bike Score: 76/100.
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Source: Realty.com
1236 17 Avenue NW, Calgary, AB T2M0P8 in Capitol Hill, Calgary, AB T2M0P8 is a multi family listed at $3,150,000. Highlights include 5,476 sq. ft., built in 2025, $575 per sq. ft.. Realty.ca has 5 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 5 photos of 1236 17 Avenue NW.
Our records indicate that 1236 17 Avenue NW was built in 2025.
The full address for this home is 1236 17 Avenue NW, Calgary, AB T2M0P8.
1236 17 Avenue NW has been listed on Realty.com since Fri May 15, 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:
Real Broker
Listing agent:
Hafil Perincheeri
This content last refreshed on 2026-07-26 16:54:40. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.