Property view at 1-6, 2208 20 Avenue NW, Calgary - Multi-Family investment property with 4,010 sqft - Photo 1 of 18 | Calgary real estate investment
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1-6, 2208 20 Avenue NW

Calgary, Alberta T2M 1J2
MLS® A2226753140 days on marketListed Jun 2, 2025
Exclusive Offering
$1,750,000
4,010Living Space
6Garage Spaces
1958Year Built

Property Overview

Exceptional older character 6 Plex Located in a Prime Location in Banff Trail.

City View across from a City Park and recreation area and only blocks away from LRT stations.

These units rarely come to market and this one has many recent upgrades including Windows, Roofing, Kitchens, Bathrooms, hot water tanks and unit Electrical panels.

NOTE*** Individual gas meters and furnaces, hot water tanks to each unit.

Laundry and Utility room located in lower level. 4 car garage and exterior stall.

Security doors.

BBQ area and picnic table for the tenants. 5-2 Bedroom and 1 -1 bedroom units.

Possible Vendor Take Back by Seller!! Why not create your own living space in the upper two apartments and take advantage of the great View and Location!! Better yet this maybe an excellent condo conversion to consider.

Please DO NOT DISTURB TENANTS - thank you.

Expenses (Taxes-Insurance -Garbage -Recycles -Cleaning Services -Summer and Winter Landscaping- Furnace maintenance and common area costs including Water And Sewer for the entire building running Approximately $28,765 and Rental Income Approximately $109,620 ) 1 Bedroom Suite runs on average 1350 -2 Bedroom Suites average/ $1,557). Factor in on any multi family 2% for Vacancy 4% for maintenance gives you a snap shot of 2208 current Income and expenses.

Investment Analysis

InvestCalgary Insights • Rental data from RentFaster.ca

Price per Sq Ft
$436/sqft
Above average pricing - verify premium features

Investment Considerations

Mature Property: Potential value-add opportunity through renovations. Budget for capital improvements.
Long Market Exposure: Significant negotiation opportunity. Consider reasons for extended listing period.
Multi-Family Investment: Income diversification with multiple units. Owner-occupy opportunity to offset mortgage.

Investment Analysis Disclaimer: These estimates are for informational purposes only and do not constitute financial advice. Actual rental income, expenses, and returns may vary. Consult with a qualified real estate professional before making investment decisions.

GA4 Testing

Tests 6 events including Tier 1 conversions