$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.
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
Basement
Appliances
Flooring
Lot
Cash on cash
-11.36%
Cap rate
3.62%
GRM
16.7
Break-even rent
$20,978
Financing
Operating expenses (monthly)
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.
Halal grocery
0.5 km
~1 min
Tebyan Supermarket & Halal Meat
908 Edmonton Trl #3, Calgary, AB T2E 3K1, Canada
4.6 rating · 143 reviews
1.8 km
~3 min
4.2 km
~7 min
Halal restaurant
Ca-Town Halal House
1715 Centre St NW, Calgary, AB T2E 2S3, Canada
4.3 rating · 109 reviews
0.9 km
~1 min
1.1 km
~2 min
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
Mosque
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
1.8 km
~3 min
2.1 km
~3 min
Park
Canoe Park
122 Douglas Park Close SE, Calgary, AB T2Z 2B2, Canada
4.0 rating · 3 reviews
15.7 km
~25 min
Douglasdale Ball Park
135 Douglas Park Blvd SE, Calgary, AB T2Z 2M5, Canada
4.3 rating · 3 reviews
16.1 km
~26 min
Douglasdale Point Park
Calgary, AB T2Z 3B3, Canada
4.8 rating · 6 reviews
16.7 km
~27 min
Elementary
1318 Regal Crescent NE, Calgary, AB T2E 6Y6, Canada
1.7 km
~3 min
King George School | Calgary Board of Education
2108 10 St NW, Calgary, AB T2M 3M4, Canada
1.7 km
~3 min
Rosedale School | Calgary Board of Education
905 13 Ave NW, Calgary, AB T2M 0G3, Canada
1.9 km
~3 min
Transit
Jubilee station
Calgary, AB T2N 1M4, Canada
3.8 rating · 4 reviews
2.5 km
~4 min
2.5 km
~4 min
Sunnyside station
Calgary, AB T2N 0N1, Canada
4.3 rating · 3 reviews
2.7 km
~4 min
Mortgage estimate
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.