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2518 16B Street SW
Welcome to this beautifully crafted three storey home, showcasing contemporary luxury finishes, exceptional attention to detail, and an elevated lifestyle. This home delivers the ideal blend of luxury, function, and investment opportunity in the heart of Bankview.The main-floor legal suite is a standout feature, complete with its own kitchen, laundry, independent furnace, living area, and bedroom, ideal for rental income, guests, or multigenerational living.Features of this home include designer oak engineered hardwood flooring, LED lit stairways, under cabinet and vanity lighting, 9 foot ceilings, heated tile floors, triple pane windows, vaulted third floor ceilings, and a striking gas fireplace.The expansive open concept main living area is perfect for entertaining, highlighted by a chef inspired kitchen with custom white shaker cabinetry, under cabinet lighting, a gas cooktop with pot filler, built in oven, professional refrigerator, and a stunning dual waterfall quartz island.Upstairs, the luxurious primary suite features a beautiful 5 piece ensuite complete with a freestanding soaker tub, steam shower with heated bench, and programmable in floor heating. This level is complemented by two additional bedrooms and convenient upper level laundry.The exterior showcases Hardie Board siding, acrylic stucco, and metal clad windows, enhanced by professional landscaping and a fully fenced yard. A heated single attached garage provides added comfort, along with extra driveway parking for guests. Situated just minutes from downtown and 17th Avenue amenities, this home truly delivers exceptional inner city living. (id:65958)
Main level
| Room | Dimensions | Features |
|---|---|---|
| Other | 13.90 M x 5.00 M | |
| Dining room | 14.00 M x 10.40 M | |
| Kitchen | 21.00 M x 10.70 M | |
| Living room | 16.00 M x 12.00 M | |
| Other | 7.30 M x 5.80 M | |
| Furnace | 5.30 M x 4.70 M | |
| 2pc Bathroom | 7.70 M x 3.50 M |
Unknown
| Room | Dimensions | Features |
|---|---|---|
| Other | 7.30 M x 4.70 M | |
| Other | 13.80 M x 11.00 M | |
| Primary Bedroom | 10.80 M x 10.00 M | |
| Laundry room | 12.60 M x 4.70 M | |
| 4pc Bathroom | 10.00 M x 5.00 M |
Third level
| Room | Dimensions | Features |
|---|---|---|
| Primary Bedroom | 16.00 M x 11.20 M | |
| Bedroom | 9.90 M x 9.90 M | |
| Bedroom | 9.90 M x 9.90 M | |
| Laundry room | 7.90 M x 5.60 M | |
| 4pc Bathroom | 8.40 M x 5.30 M | |
| 5pc Bathroom | 12.30 M x 9.90 M |
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
-0.79%
Cap rate
4.71%
GRM
13.9
Break-even rent
$6,598
Financing
Operating expenses (monthly)
Save this analysis — go Pro (free)
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 12, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
4.0 km away
8.7 km away
9.9 km away
12.3 km away
13.3 km away
Elementary
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
8.3 km away
8.3 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
9.8 km away
Halal grocery
Amir Halal Meats & Grocery
8.4 km away
Shaheen Grocery, Bakery & Halal Meat
12.8 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.