$3,298,800
2811 2 Street NE
Beds
—
Baths
—
Sqft
—
Year
2026
Type
Multi-family
Suite
Suite potential
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
An outstanding opportunity to enhance your real estate portfolio with this architecturally refined, purpose-built four-plex, ideally located in the heart of Tuxedo Park, one of Calgary’s most desirable inner-city communities. Known for its central location, consistent rental demand, and vibrant urban appeal, Tuxedo Park provides the perfect backdrop for this income-producing asset. This newly constructed development consists of four thoughtfully designed townhome style residences, each featuring three spacious bedrooms. In addition, every unit includes a fully legal two-bedroom basement suite, resulting in eight self contained rental units, each with a private entrance an exceptional configuration that maximizes income potential and operational flexibility. The property makes a strong first impression with its striking curb appeal. A timeless yet modern architectural design showcases clean lines, premium exterior materials, and a cohesive, sophisticated colour palette. Professional landscaping, contemporary lighting, and a unified façade contribute to a boutique feel rarely seen in multi-family projects. Interiors are finished with a focus on durability, efficiency, and modern aesthetics. Each suite features quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and oversized energy efficient windows, offering long term tenant appeal while supporting low maintenance and operating costs. Ideally situated just minutes from downtown Calgary, the property offers convenient access to major roadways, public transit, parks, schools, and everyday amenities making it highly attractive to tenants and investors alike. Eligible for CMHC Select Financing, this turnkey opportunity represents a rare chance to acquire a high performance, income generating asset in a high demand rental market. Contact us today for further details or to arrange a private viewing. Property will be ready for Q4 2026. (id:65958)
- Subtype
- Multi-family
- Structure
- Multi-Family
- Community
- Tuxedo Park
- Common interest
- Freehold
- Living area
- 5,258 square feet
- On market
- Feb 5, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $4,564.15 (2025)
- Zoning
- R-CG
- Photos
- 3
- MLS#
- A2283180
- Area
- CALGARY_NE
Features and systems
Appliances
Cash on cash
-6.21%
Cap rate
3.62%
GRM
16.7
Break-even rent
$20,092
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.
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.
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 28, 2026.