We use cookies for basic analytics + follow-up. Privacy
We remember this notice, run basic analytics, and use account activity like saved homes and listing views to provide real-estate follow-up. Privacy.
3119 45 Street SW
Buyer alert automation
Get matching homes sent on your schedule. This uses this home's city, style, bedroom count, and price band as the starting filter.
Choose alert settings, then sign in
Calgary · Multi-family · under $3,200,000. Alerts only send when there are new or meaningfully updated matching homes.
Alert speed
Send by
Watch for
Swipe through similar matches — tap the heart to save, or open one for the full read.
An excellent opportunity to expand your investment portfolio in the desirable southwest community of Glenbrook. This brand-new fourplex, nearing completion with anticipated occupancy in late Spring 2026, offers modern design, strong rental appeal, and a location that continues to attract quality tenants.Each of the upper two-storey units offers 1,173 sq ft of thoughtfully designed living space, featuring an open-concept main floor with a spacious living area, contemporary kitchen, and convenient 3-piece powder room. Upstairs, the layout includes a primary bedroom with a private 3-piece ensuite along with two additional bedrooms, making these units well suited for families or professional tenants.Each unit is complemented by a separate legal basement suite (556 sq ft) with its own entrance, complete with one bedroom, living area, and kitchen, creating excellent additional rental income potential. All eight units are separately metered, helping simplify management while giving tenants control over their own utilities.The property also features four secure garage parking stalls and dedicated bike parking, amenities that further enhance its appeal for renters.Glenbrook’s central southwest location provides easy access to downtown Calgary, while being close to great schools, parks, shopping, and transit. Major institutions such as Mount Royal University are just minutes away, making this an attractive option for a broad range of tenants.With eight total rental units, this property is also an excellent candidate for investors looking to qualify under the CMHC MLI Select program.A rare opportunity to secure a newly built multi-family investment property in one of Calgary’s well-established and conveniently connected communities. (id:65958)
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
-0.53%
Cap rate
4.76%
GRM
13.9
Break-even rent
$17,976
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 Mar 11, 2026.
Location of this listing. Distances are straight-line.
Key nearby — mosques, halal & Islamic schools
Mosque
1.5 km away
11.9 km away
12.4 km away
13.4 km away
Elementary
12.0 km away
Calgary Islamic School – Omar Bin Al-Khattab Campus
Islamic · K–9
12.0 km away
Calgary Islamic School – Akram Jomaa Campus
Islamic · K–9
13.3 km away
Halal grocery
Amir Halal Meats & Grocery
12.1 km away
Distances are straight-line (not drive time). Full neighbourhood intelligence (schools, transit, parks) builds automatically.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.