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New buildInvestment signal

$3,000,000

111 26 Avenue NE

Beds

Baths

Sqft

Year

2026

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

An exceptional opportunity to elevate your real estate portfolio with this architecturally refined, purpose-built fourplex, ideally located in the heart of Tuxedo Park—one of Calgary’s most desirable inner-city communities.Each of the four main residences is a thoughtfully designed two-storey home, featuring three spacious bedrooms on the upper level, open-concept main living areas, and a private detached garage. The lower-level suites offer one bedroom, a full kitchen, in-suite laundry, and separate private entrances—perfect for generating strong rental income or accommodating multi-generational living.Constructed with quality and longevity in mind, this property showcases premium modern finishes throughout, including quartz countertops, luxury vinyl plank flooring, designer ceramic tile, and stainless steel appliances. Each unit is fully self-contained with its own mechanical systems and laundry, ensuring complete independence and ease of management—featuring a total of eight furnaces, eight hot water tanks, eight laundry setups, and separate gas and water meters.Ideally situated just minutes from Downtown Calgary, the property offers convenient access to major roadways, public transit, parks, schools, and everyday amenities—making it highly attractive to both tenants and investors.Additionally, the property qualifies for the Canada Mortgage and Housing Corporation (CMHC) multi-unit financing program, providing investors with a compelling, low-risk entry into Calgary’s thriving rental market.Don’t miss this rare opportunity to own one of Calgary’s most visually striking and intelligently designed multi-family investments. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
Tuxedo Park
Common interest
Freehold
Living area
5,460 square feet
Lot size
557.93 square meters
Lot dimensions
557.93
Parking
4 total
On market
Apr 14, 2026
Status changed
Apr 14, 2026
Annual tax
$4,245.86 (2025)
Zoning
R-CG
Photos
5
MLS#
A2301580
Area
CALGARY_NE

Features and systems

Parking

Detached Garage

Basement

FinishedFullSeparate entrance

Appliances

RefrigeratorDishwasherStoveMicrowave Range Hood Combo

Flooring

Vinyl Plank

Lot

Back lane
Negative cash flow ~$5,679/mo at these assumptions

Cash on cash

-11.36%

Cap rate

3.62%

GRM

16.7

Break-even rent

$20,978

Financing

Down payment$600,000
Loan amount$2,400,000
Mortgage$14,724/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,375
Insurance$80
Maintenance$2,500
CapEx reserve$1,250
Vacancy loss$750

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby this address

Schools, halal food/grocery, mosques, parks, transit, and daily errands. Toggle categories to compare what actually matters from this address.

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HAL

Halal grocery

  1. Samar Market

    2215 Centre St NW, Calgary, AB T2E 2T4, Canada

    4.9 rating · 8 reviews

    0.5 km

    ~1 min

  2. Tebyan Supermarket & Halal Meat

    908 Edmonton Trl #3, Calgary, AB T2E 3K1, Canada

    4.6 rating · 143 reviews

    1.8 km

    ~3 min

  3. Safari Outpost

    2120 Kensington Rd NW #106, Calgary, AB T2N 3R7, Canada

    4.7 rating · 95 reviews

    4.2 km

    ~7 min

EAT

Halal restaurant

  1. Ca-Town Halal House

    1715 Centre St NW, Calgary, AB T2E 2S3, Canada

    4.3 rating · 109 reviews

    0.9 km

    ~1 min

  2. Sallora Yemeni Restaurant

    305 16 Ave NW, Calgary, AB T2M 0H9, Canada

    4.7 rating · 518 reviews

    1.1 km

    ~2 min

  3. Jerusalem Shawarma TransCanada (16 AVE)

    301 16 Ave NW, Calgary, AB T2M 0H9, Canada

    4.5 rating · 4,748 reviews

    1.1 km

    ~2 min

MSQ

Mosque

  1. Islamic Information Society of Calgary (IISC)

    4128 6 St NE, Calgary, AB T2E 8C8, Canada

    4.8 rating · 248 reviews

    1.8 km

    ~3 min

  2. IISC Youth Centre

    4134 6 St NE, Calgary, AB T2E 8C8, Canada

    4.9 rating · 19 reviews

    1.8 km

    ~3 min

  3. Masjid Bilal Da'wa Center

    4527 6a St NE, Calgary, AB T2E 4B2, Canada

    4.8 rating · 63 reviews

    2.1 km

    ~3 min

PRK

Park

  1. Canoe Park

    122 Douglas Park Close SE, Calgary, AB T2Z 2B2, Canada

    4.0 rating · 3 reviews

    15.7 km

    ~25 min

  2. Douglasdale Ball Park

    135 Douglas Park Blvd SE, Calgary, AB T2Z 2M5, Canada

    4.3 rating · 3 reviews

    16.1 km

    ~26 min

  3. Douglasdale Point Park

    Calgary, AB T2Z 3B3, Canada

    4.8 rating · 6 reviews

    16.7 km

    ~27 min

EL

Elementary

  1. Acton Academy Calgary Central

    1318 Regal Crescent NE, Calgary, AB T2E 6Y6, Canada

    1.7 km

    ~3 min

  2. King George School | Calgary Board of Education

    2108 10 St NW, Calgary, AB T2M 3M4, Canada

    1.7 km

    ~3 min

  3. Rosedale School | Calgary Board of Education

    905 13 Ave NW, Calgary, AB T2M 0G3, Canada

    1.9 km

    ~3 min

TRN

Transit

  1. Jubilee station

    Calgary, AB T2N 1M4, Canada

    3.8 rating · 4 reviews

    2.5 km

    ~4 min

  2. SAIT / AUArts / Jubilee

    Calgary, AB T2N 1M4, Canada

    4.3 rating · 14 reviews

    2.5 km

    ~4 min

  3. Sunnyside station

    Calgary, AB T2N 0N1, Canada

    4.3 rating · 3 reviews

    2.7 km

    ~4 min

Mortgage estimate

Estimated $14,724/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 14, 2026.

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