Mount Pleasant - Six Unit - 4 Row Multi-Family Townhouse Project - 741 21 Avenue NW, 2122, 2124, 2126 7 Street NW - A rare inner-city multi-family opportunity in the heart of Mount Pleasant, one of Calgary’s most desirable mature communities. Designed by respected Calgary architect John Trinh and Associates, this townhouse project was built by the owner for long-term family use, resulting in higher-level craftsmanship, thoughtful material selection, and exceptional attention to detail. Sitting on a 50’ x 120’ corner lot, this modern four-row townhouse development includes six units. It offers income flexibility, quality construction, and an A+ location without the noise or congestion of a major thoroughfare. All four main townhouses are three storeys with three bedrooms, four and a half bathrooms, and a single-car garage. The two end units feature four levels of development. The main floor includes a spacious front entry, a living room with an electric fireplace, a central kitchen with stainless steel appliances and an island with seating, and a dining area with access to the deck, plus a two-piece powder room. The second level offers two bedrooms, each with walk-in closets and private en-suites. One bedroom includes a four-piece ensuite, and the other a three-piece ensuite. A laundry room with upper cabinets, a sink, and a folding counter completes this floor. The third level is the primary suite, featuring exclusive access to the top-floor balcony, a walk-in closet, and a five-piece ensuite with a soaker tub, dual sinks, and a walk-in shower. The lower level of the two end units includes a legal studio suite with a separate entry, a full kitchen with stainless steel appliances, a four-piece bathroom, and a living area. The two interior units have fully developed basements with a separate entry, a spacious rec room, and a four-piece bathroom. This is an outstanding option for investors, portfolio holders, or anyone considering future stratification and individual resale. Mount Pleasant is known for its green spaces, including Confederation Park, and its easy access to SAIT and the University of Calgary. The community also offers a quick commute downtown, nearby transit routes along 4 Street, Centre Street, and 20 Avenue, and a great selection of restaurants and coffee shops. Opportunities like this are rare. Contact us today to schedule a private tour and explore the full potential of this investment.More details
Enhance your real estate portfolio with this premier new construction rental development in Capitol Hill, one of Calgary’s most desirable inner-city communities. Scheduled for completion in the end of 2026, this purpose-built investment property consists of two buildings featuring a total of eight rental suites. Each building includes a spacious upper unit with three bedrooms and 2.5 bathrooms, as well as a well-appointed lower unit offering one bedroom with kitchen and full bathroom. A four-car detached garage with lane access provides added convenience and tenant appeal. Strategically located near downtown Calgary, 17th Avenue, parks, transit, and shopping, the property is ideally positioned to attract quality tenants and command above-average rents. Investors will appreciate the thoughtful design, superior construction, and long-term rental potential of these townhomes.The development is distinguished by its low-maintenance Hardy board exterior, high-efficiency HVAC systems, and durable finishes throughout—ensuring reduced operating costs and long-term durability. These modern, well-designed units are tailor-made for consistent cash flow and minimal upkeep. With estimated rents of $2,850 for upper suites and $1,450 for lower units Whether you're a seasoned investor or looking to diversify your holdings, this exceptional income-generating property offers the perfect blend of location, quality, and financial performance. For more information, contact us and take the next step toward securing a high-performing asset in Calgary’s thriving rental market.More details
424 Sabrina Road SW presents a rare opportunity to acquire a fully modernized, income-generating fourplex in the established community of Southwood. With extensive renovations completed in 2024 and strong in-place rental income, this property is ideally suited for hands-off investors seeking reliable cash flow and long-term growth potential in Calgary’s southwest.
Address: 424 Sabrina Road SW, Calgary, AB
Property Type: Fourplex (Bi-Level Configuration)
Total Living Area: 5,028 sq. ft. (2,564 sq. ft. RMS + fully developed lower levels)
Units: 4 self-contained units
Unit Layout: Each unit includes 3 bedrooms and 1.5 bathrooms
Year Built: 1972
Zoning: MC-1 (Medium-Density Low Profile Residential)
Parking: 5 surface stalls, resurfaced in 2024, with ample street parking available
Lot: Standard inner-city lot with retaining wall recently rebuilt
Recent Renovations and Capital Improvements (2024)
This property has undergone a complete transformation, both inside and out. All four units were fully renovated to appeal to today’s quality-conscious tenants while minimizing maintenance needs for ownership.
Interior upgrades include:
Fully renovated kitchens with granite countertops, brand new cabinets, and stainless steel appliances
Bathrooms completely redone with new tubs, tile work, vanities, fixtures, and modern finishes
Durable LVL plank flooring installed throughout both upper and lower levels
Fresh paint, trim, and lighting updates throughout all units
Exterior and mechanical upgrades:
New energy-efficient windows and patio doors in each unit
Separate furnaces, hot water tanks, and individual utility meters per unit
Resurfaced parking lot with defined stalls
Reconstructed retaining wall for long-term stability
Updated exterior finishes to enhance curb appeal
These renovations were designed with long-term durability, tenant satisfaction, and rental optimization in mind.
Income and Financial Performance
424 Sabrina Road SW is fully leased with fixed one-year terms. All four units are currently rented at market rates, providing predictable and stable cash flow from day one. The gross rental income is $8,350 per month, or $100,200 annually. All tenants are responsible for their own utilities, thanks to separately metered systems.
Key financial metrics:
Gross Annual Rents: $100,200
Net Operating Income (NOI): Approx. $78,720 annually
Cap Rate: 5.4% at asking price
Utility Structure: All tenant-paid (gas, water, electricity)
This property offers strong investment fundamentals with minimal projected maintenance, making it an excellent asset for portfolio stabilization or long-term wealth building.
Bi-Level Design Advantage
Unlike traditional up/down duplex configurations, each of the four units in this property features a full bi-level design. This provides tenants with more usable space and a layout that feels more like a single-family home, resulting in better tenant retention and increased rental appeal. buyer will accept current RPRMore details
Data was last updated December 27, 2025 at 02:05 AM (UTC)
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