2550 19 AVE SW, Calgary, AB T3E 1W9
2550 19 AVE SW, Calgary, AB T3E 1W9
2550 19 AVE SW, Calgary, AB T3E 1W9
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Ken Rigel

Ken Rigel

+1(403) 207-1748
$3,350,000
Est. payment /mo
5,268 SqFt
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Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 5268.0

Square Footage 5,268 sqft

Price per Sqft $635

Subdivision Richmond

MLS Listing ID A2343660

Style 2 Storey

Year Built 2026

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 4 plex

Property Description

An extraordinary turn-key multi-family 4Plex in Richmond Inner City Calgary. Featuring 8 distinct,revenue-generating units under a single title. 4 upper townhomes plus 4 legal basement suites for excellent rental income. Built for capital efficiency,this project is structured to potentially qualify for CMHC MLI Select financing,which can offer up to 95% Loan-to-Cost (as little as 5% down) and amortizations up to 50 years for eligible applicants. As a purpose-built multi-unit residential development with 4+ units,it may also qualify for the enhanced Federal GST Rental Housing Rebate — Additionally,as a purpose-built completely eliminating the 5% federal tax liability on completion under self-supply rules and putting tens of thousands back into the owner's capital account.
Each of the 4 upper two-storey townhomes offers 1,317 sq. ft. of space with a main-floor open living/dining area,gourmet kitchen with island,half bath,and an upper level containing 3 bedrooms,2 full baths (including primary en-suite),and laundry. The 4 lower legal suites each span 507 sq. ft. with a private entry,full kitchen,1 bedroom,4-piece bath,separate mechanicals,and in-suite laundry. A massive 1,012 sq. ft. 4-bay detached garage provides significant additional parking as well as rental income for tenant parking!
Built to commercial-grade standards,the building features full interior fire sprinklers,separated electrical meters for direct tenant utility billing,and soundproofed party-wall assemblies. The main floor and basement ceilings come complete with 10' high ceilings and modern luxury finishes.
An incredible location located in the heart of Richmond South West Calgary with easy access to downtown,Marda Loop,shopping and more!
Contact today for floor plans,rental projections,and CMHC/GST financing details!

Location

Province AB

County 0046

Area Cal Zone Cc

Zoning M-C1

Direction SW

Rooms

Basement Full, Finished

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Appliance Dishwasher, Dryer, Electric Stove, Range Hood, Refrigerator, Washer

Exterior

Exterior Feature Private Entrance, Private Yard

Roof Type Asphalt Shingle

Total Parking Spaces 10

Garage No

Building

Dwelling Type Four Plex

Story Two

Foundation Poured Concrete

Architectural Style 2 Storey

Level or Stories Two

New Construction Yes

Others

Restrictions See Remarks

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Listed by Century 21 Bravo Realty
Ken Rigel

Ken Rigel

Team Lead

+1(403) 207-1748

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