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Investment signal

$2,900,000

922&926 2 Avenue NW

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Beds

Baths

Sqft

Year

1948

Type

Multi-family

Suite

Investment signal

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 exceptional and rare opportunity to acquire two adjoining lots at 922 and 926 2 Avenue NW, each measuring 50 ft x 120 ft, for a combined total of 100 ft x 120 ft (12,000 sq ft) of prime development land. Ideally located in Sunnyside along 2 Avenue NW between 8 Street and 9 Street NW, the property is currently zoned DC, offering a wide range of development possibilities.This highly sought-after location is just steps from the vibrant amenities of Kensington, the Peace Bridge, Prince’s Island Park, Sunnyside LRT Station, the Bow River, and Calgary’s downtown core. Enjoy immediate access to pathways, major attractions, and key roadways.This is a rare chance to secure a premier development site in one of Calgary’s most desirable inner-city communities—an opportunity to position yourself at the forefront of development in Sunnyside. (id:65958)

Subtype
Multi-family
Structure
Multi-Family
Community
Sunnyside
Common interest
Freehold
Living area
1,862 square feet
Lot size
557 square meters
Lot dimensions
557.00
Parking
4 total
On market
Apr 27, 2026
Status changed
Apr 30, 2026
Annual tax
$10,963 (2025)
Zoning
DC
Photos
11
MLS#
A2305357
Area
CALGARY_NW
Negative cash flow ~$3,014/mo at these assumptions

Cash on cash

-6.24%

Cap rate

3.62%

GRM

16.7

Break-even rent

$17,673

Financing

Down payment$580,000
Loan amount$2,320,000
Mortgage$11,755/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,329
Insurance$80
Maintenance$2,417
CapEx reserve$1,208
Vacancy loss$725

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

Estimated $11,755/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 30, 2026.

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