New buildInvestment signal

$3,499,000

2520 12 Avenue SE

Save this home

Beds

Baths

Sqft

6,943

Year

2026

Type

Multi-family

Suite

Suite potential

Location and nearby

Start with mosques, schools, halal grocery, and transit. Toggle more categories when you want the fuller neighborhood picture.

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HAL

Halal grocery

  1. Bash Bash Halal Meat & Grocery

    255 28 St SE UNIT 300, Calgary, AB T2A 5K4, Canada

    4.3 rating · 6 reviews

    1.0 km

    est. 2 min

  2. Maher Halal Meat

    3517 17 Ave SE #101, Calgary, AB T2B 0W6, Canada

    4.8 rating · 85 reviews

    1.3 km

    est. 2 min

  3. Mediterranean Halal Meats & Deli

    3917 17 Ave SE A3917, Calgary, AB T2A 0S5, Canada

    4.6 rating · 96 reviews

    1.7 km

    est. 3 min

MSQ

Mosque

  1. Calgary Towhid Centre

    416 Meridian Rd SE #21A, Calgary, AB T2A 1X4, Canada

    4.4 rating · 13 reviews

    0.9 km

    est. 1 min

  2. Ar Rahma mussallah

    225 28 St SE, Calgary, AB T2A 5K4, Canada

    4.5 rating · 15 reviews

    1.1 km

    est. 2 min

  3. Franklin Jamatkhana

    220 28 St NE, Calgary, AB T2A 5R2, Canada

    4.9 rating · 76 reviews

    1.3 km

    est. 2 min

EL

Elementary

  1. Mayland Heights School | Calgary Board of Education

    2324 Maunsell Dr NE, Calgary, AB T2E 0V1, Canada

    1.9 km

    est. 3 min

  2. Valley View School | Calgary Board of Education

    4105 26 Ave SE, Calgary, AB T2B 1E5, Canada

    2.2 km

    est. 4 min

  3. St. Damien School

    3619 28 St SE, Calgary, AB T2B 2J1, Canada

    2.3 km

    est. 4 min

TRN

Transit

  1. Barlow/Max Bell station

    Calgary, AB T2E 6S2, Canada

    3.9 rating · 8 reviews

    0.5 km

    est. 1 min

  2. Franklin LRT Station S Lot (WB Radcliffe DR SE)

    Calgary, AB T2A 6K9, Canada

    3.7 rating · 7 reviews

    0.7 km

    est. 1 min

  3. Franklin

    Calgary, AB T2A 6K9, Canada

    3.3 rating · 39 reviews

    0.7 km

    est. 1 min

About this home

This well-designed 10plex in desirable Albert Park offers an excellent opportunity for both homeowners and investors. The upper level features a spacious primary bedroom complete with a private ensuite, a convenient laundry room, and a second bedroom with access to a full common bathroom perfect for comfortable family living. The main floor boasts a bright and functional layout, including a welcoming living room, a dedicated dining area, and a modern kitchen ideal for everyday living and entertaining. Adding exceptional value is the fully legal 2 bedroom basement suite, which includes its own kitchen, full bathroom, and a separate mechanical room providing privacy and independence for tenants or extended family. This property also includes a rare 5 car garage, offering ample parking and storage. Ideally located with quick access to major highways, just 10 minutes from downtown, and within walking distance to Maxwell Arena, this is a prime location that combines convenience with lifestyle. A versatile and income-generating property in a sought-after neighborhood. Please Note: The photo is AI generated. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
Albert Park/Radisson Heights
Living area
6,943 square feet
Lot size
701 square meters
Lot dimensions
701.00
On market
Apr 8, 2026
Status changed
Apr 16, 2026
Annual tax
$12,345 (2025)
Zoning
R-CG
Photos
1
MLS#
A2299878
Area
CALGARY_NE
Negative cash flow ~$3,616/mo at these assumptions

Cash on cash

-6.20%

Cap rate

3.62%

GRM

16.7

Break-even rent

$21,306

Financing

Down payment$699,800
Loan amount$2,799,200
Mortgage$14,183/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,604
Insurance$80
Maintenance$2,916
CapEx reserve$1,458
Vacancy loss$875

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

Estimated $14,183/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 16, 2026.

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