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612 12 Avenue NE
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Beds
—
Baths
—
Sqft
4,968
Year
2026
Type
Multi-family
On market
11d
Exceptional Investment Opportunity in Renfrew Brand-New, High-Yield 8Plex. An extraordinary opportunity to elevate your real estate portfolio with this architecturally stunning 8plex, perfectly situated in the heart of Renfrew; one of Calgary’s most desirable inner-city communities. Celebrated for its central location, strong rental demand, and vibrant urban atmosphere, Renfrew provides the ideal backdrop for this purpose-built, income-generating asset. This newly constructed property features four meticulously designed townhomes, each offering 3 spacious bedrooms and thoughtfully crafted living spaces. Complementing each residence are fully legal 2-bedroom basement suites, bringing the total to eight separate rental units; each with its own private entrance. This rare configuration delivers exceptional cash-flow potential and long-term investment flexibility. The exterior architecture blends timeless design with modern sophistication featuring clean lines, premium exterior finishes, and a refined, cohesive colour palette that creates a boutique-style appearance rarely seen in multi-family developments. Professional landscaping, contemporary lighting, and an elegant facade further enhance the property’s striking presence. Quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and oversized energy efficient windows create bright, modern interiors designed to attract quality tenants while minimizing ongoing maintenance costs. Strategically located just minutes from downtown Calgary, this exceptional property offers quick access to major highways, public transit, Renfrew aquatic centre, schools, restaurants, and everyday amenities making it highly attractive to both tenants and investors alike. Eligible for CMHC Select Financing, this is a rare opportunity to secure a turnkey, high-performance multi-family asset in one of Calgary’s strongest rental markets. Don’t miss your chance to own one of Calgary’s most visually striking and intelligently des igned investment properties. Contact us today for additional information or to arrange a private tour. (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
$18,279
Financing
Operating expenses (monthly)
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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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
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. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider 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 May 29, 2026.
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
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.