$2,650,000
2136 22 Avenue SW
Beds
—
Baths
—
Sqft
—
Year
2026
Type
Multi-family
Suite
Legal suite
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Calgary. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Situated in the highly sought-after inner-city community of Richmond, this brand new purpose-built triplex offers a rare opportunity to acquire a fully legal 6-unit income property in one of Calgary’s most consistently performing rental markets. Scheduled for completion in October 2026, this investment has been thoughtfully designed to deliver strong, long-term cash flow while appealing to a wide range of tenants. The property features three above-grade units, each paired with a legal basement suite, creating six fully self-contained residences. Every unit includes a private entrance, full kitchen, in-suite laundry, and functional, well-designed layouts that support comfortable everyday living. This configuration allows for diversified rental income and reduced vacancy risk, making it an ideal asset for investors focused on stability and scalability. Built with long-term performance in mind, the project incorporates enhanced soundproofing between units, independent mechanical systems, and durable exterior finishes including stucco, vinyl siding, and Hardie board. These features not only improve tenant satisfaction but also contribute to lower maintenance requirements over time. Outdoor spaces are intentionally designed to elevate the tenant experience, with private patios for upper units and sunken walk-up access for basement suites, creating bright and accessible lower-level living. Detached garages provide dedicated parking for upper units, a highly desirable feature in the inner city. Located just minutes from downtown Calgary, Richmond continues to see strong rental demand driven by its proximity to major employment hubs, transit routes, schools, and everyday amenities. This central location supports consistent occupancy and positions the property for long-term appreciation. For investors looking to secure a turnkey multi-family asset in a proven inner-city location, this six-unit property presents a compelling opportunity to build scale, generate reliable incom e, and capitalize on Calgary’s growing rental market. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- Richmond
- Common interest
- Freehold
- Living area
- 4,708 square feet
- Lot size
- 500 square meters
- Lot dimensions
- 500.00
- Parking
- 3 total
- On market
- Apr 10, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $0 (2025)
- Zoning
- R-CG
- Photos
- 1
- MLS#
- A2298287
- Area
- CALGARY_SW
Features and systems
Parking
Basement
Appliances
Heating
Exterior
Flooring
Foundation
Lot
Security
Cash on cash
-0.55%
Cap rate
4.75%
GRM
13.9
Break-even rent
$16,157
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: 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.
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 20, 2026.