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INVESTORS! Unique FIVE-PLEX, excellent rental income! A 3 STOREY TOWNHOME on one side and FOUR LEGAL suites on the other. An exceptional opportunity to own a newly built (2022) purpose-built rental property in the highly desirable community of West Hillhurst. Offering 5 residential units across 4, 945 sq. ft. of above-grade living space, this turnkey asset combines strong in-place income with immediate value-add potential. PRICED TO SELL, the property features a luxurious 3 level attached home and FOUR legal income-generating suites. The proforma projects $119, 375 in annual gross potential income with a modest 5.4% vacancy allowance, resulting in Year 1 effective rental income of $112, 938 and a stabilized NOI of $74, 890. Total operating expenses are estimated at just $38, 048 annually, representing an efficient 33.7% expense ratio attributable to the property's recent 2022 construction, modern building systems, and energy-efficient design. An immediate value-add opportunity exists through the lease-up of the currently vacant Unit 201 (584 SF). Marketed at $1, 750 per month, this suite has the potential to generate approximately $21, 000 in additional annual gross revenue. Additional features include four legal suites with private entrances, in-suite laundry, dedicated storage, and secure underground parking, plus a rare six-stall heated underground parking. Ideally located minutes from downtown, Kensington, the Bow River pathway system, Foothills and Children's Hospitals, parks, schools, and countless amenities, this is a premier inner-city investment added to your portfolio. (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.
71/100
Very Walkable
Walk Score ®
60/100
Good Transit
Transit Score ®
87/100
Very Bikeable
Bike Score ®
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
16 nearby routes: 15 bus, 1 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 56/100, Bike Score: 79/100.
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Source: Realty.com
2226 Westmount Road NW, Calgary, AB T2N3N4 in West Hillhurst, Calgary, AB T2N3N4 is a multi family listed at $2,190,000. Highlights include 4,945 sq. ft., built in 2022, $443 per sq. ft.. Realty.ca has 29 photos, sales history, school insights, and mortgage tools for this listing.
Realty.com has 29 photos of 2226 Westmount Road NW.
Our records indicate that 2226 Westmount Road NW was built in 2022.
The full address for this home is 2226 Westmount Road NW, Calgary, AB T2N3N4.
2226 Westmount Road NW has been listed on Realty.com since Tue May 26, 2026
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 69/100, Transit Score: 56/100, Bike Score: 79/100.
This content last refreshed on 2026-07-26 02:32:55. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.