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1-30, 1510 30 Avenue SW
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Calgary · Multi-family · under $13,500,000. Alerts only send when there are new or meaningfully updated matching homes.
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Welcome to the VIBE14 building located on the corner of 14ST and 30 AVE SW(Marda Loop) in front of the SOUTH CALGARY PARK. This 30 UNIT trophy building was constructed in 2019 and designed by Davignon Martin architects, this 4 story wood frame building with concrete foundation & underground parking was built to withstand an earthquake with a magnitude of 4.4. Their is a mix of suites thru out with 1-bedroom, 2-bedroom and a unique 2 story 1 bedroom loft layout, each unit comes complete with a balcony, A.C, high end appliances , blinds, and laundry. Maximizing the sunlight with floor to ceiling windows in each unit . Very upgraded mechanical systems which include SOLAR PANELS on the roof which powers all the exterior lighting and all interior common hallway lighting, GREY WATER HOLDING TANK which cleans reuses and collects rainwater which is than used for the toilets and landscaping. Beautiful front entrance to the building with high ceilings finished with cedar and a hanging chandelier. THIS BUILDING IS MAKING HIGH RETURNS MONTHLY . Each unit is individually titled , each parking is individually titled. CITY ASSESSMENT IS $14,000,000 - This building requires a minimum down payment of 20% because it is a high income producing asset and cannot be closed under the 5% MLI program which CMHC offers (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
-0.41%
Cap rate
4.78%
GRM
13.9
Break-even rent
$75,892
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 Apr 9, 2026.
Location of this listing. Distances are straight-line.
Full neighbourhood intelligence (schools, halal, mosques, transit) is still building for this address.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.