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1508 6 Street SW
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Rare opportunity in the belt line district. All 3 owners have come together to sell the entire building. With this building you aren’t just buying a home or investment property you are buying a piece of art. Designed by Davignon Martin and appearing in the 2006 edition of Canadian Architect. This building will be the crown jewel of your property collection. All 3 of the units are unique in their own ways and the solid concrete and steel construction means they are built to last. The Penthouse (unit 300) is a 2 storey apartment with 3 bedrooms and 2 bathrooms. There is a circular staircase connecting the 2 floors and features a roof top terrace. Perfect for entertaining and hosting your own Stampede after party. Suite 200 is a fully furnished unit with 2 Beds 1 bath and a private balcony. Suite 100 is another multi level unit with the main living area consisting of 2 Beds 1 bath and a large deck off the back of the building. The bottom level is connected and was previously used as an office space with reception area and bathroom. On the ground floor there is a heated 3 stall garage and a fully enclosed carport. The location also makes this property well suited for short term rentals being right next to all the unique shops and restaurants 17th Ave has to offer and walking distance to the Stampede Grounds. Don’t miss out on the opportunity to own this truly 1 of a kind property in the heart of all the action! (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.54%
Cap rate
4.76%
GRM
13.9
Break-even rent
$17,600
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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.
Pick a down payment and tap any underlined number to edit. Total updates live. Confirm with a mortgage broker before writing an offer.
Monthly carrying costs (shared)
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Accelerated bi-weekly frequency reduces total interest paid vs. monthly — confirm with a broker. Suite rental income depends on permits, market rent, and vacancy. Always validate with a mortgage broker before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 18, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Start with mosques, schools, halal restaurants, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.
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940 m away
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1.1 km away
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