$3,000,000
111 26 Avenue NE
Beds
—
Baths
—
Sqft
—
Year
2026
About this home
An exceptional opportunity to elevate your real estate portfolio with this architecturally refined, purpose-built fourplex, ideally located in the heart of Tuxedo Park—one of Calgary’s most desirable inner-city communities.Each of the four main residences is a thoughtfully designed two-storey home, featuring three spacious bedrooms on the upper level, open-concept main living areas, and a private detached garage. The lower-level suites offer one bedroom, a full kitchen, in-suite laundry, and separate private entrances—perfect for generating strong rental income or accommodating multi-generational living.Constructed with quality and longevity in mind, this property showcases premium modern finishes throughout, including quartz countertops, luxury vinyl plank flooring, designer ceramic tile, and stainless steel appliances. Each unit is fully self-contained with its own mechanical systems and laundry, ensuring complete independence and ease of management—featuring a total of eight furnaces, eight hot water tanks, eight laundry setups, and separate gas and water meters.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 both tenants and investors.Additionally, the property qualifies for the Canada Mortgage and Housing Corporation (CMHC) multi-unit financing program, providing investors with a compelling, low-risk entry into Calgary’s thriving rental market.Don’t miss this rare opportunity to own one of Calgary’s most visually striking and intelligently designed multi-family investments. (id:65958)
- Subtype
- Multi-family
- Lot size
- 557.93 square meters
- MLS#
- A2301580
- Area
- CALGARY_NE
Cash on cash
-11.36%
Cap rate
3.62%
GRM
16.7
Break-even rent
$20,978
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: 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.
Lifestyle nearby
What daily life looks like from this address. Tap a category to add or remove it.
0.8 km
~1 min drive
0.5 km
~1 min drive
1.8 km
~3 min drive
- 🌳 Park
Canoe Park
122 Douglas Park Close SE, Calgary, AB T2Z 2B2, Canada
15.7 km
~25 min drive
1.7 km
~3 min drive
- 🚉 Transit
Jubilee station
Calgary, AB T2N 1M4, Canada
2.5 km
~4 min drive
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 14, 2026.