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Key Details
Sold Price $625,000
Property Type Single Family Home
Sub Type Semi Detached (Half Duplex)
Listing Status Sold
Purchase Type For Sale
Square Footage 1,175 sqft
Price per Sqft $531
Subdivision Capitol Hill
MLS® Listing ID A2167330
Sold Date 10/10/24
Style Bungalow,Side by Side
Bedrooms 5
Full Baths 2
Originating Board Calgary
Year Built 1977
Annual Tax Amount $2,876
Tax Year 2024
Lot Size 3,347 Sqft
Acres 0.08
Property Description
Rare opportunity in Capitol Hill to own an entire 4 plex - Welcome to 2525 16a St NW, in the bustling inner city neighbourhood of Capitol Hill. This is a really unique opportunity to either own half of a 4 plex, where you can live up and rent down (or vice versa), buy as a revenue property, or package both sides together for a full 4 plex investment property. The location of this building is absolutely awesome. Just steps from Confederation Park (literally a block away), it’s on a super quiet street that has quick access to 24th Ave. for transit, 16th Ave NW, and 14th St. NW. The location also offers convenient proximity to schools, parks, shopping, and transit, easy access to SAIT, ACAD, and the University of Calgary, and is just a short drive to North Hill Mall for shopping and dining. The units themselves are special because of the size. It’s rare to have 3 bedrooms up as well as 2 bedroom (legal) suites down for a total of 5 bedrooms per side. The entrances to each suite are completely separate, with 4 total doors to the outside. The upper units feature balconies that over look the street, and there is enough parking in the back for all units to have space. All utilities are segregated to each unit, as well as each unit has its own in-suite laundry, hot water tank and furnace. There is underground irrigation to aid in easy exterior maintenance. Currently all 4 units are rented, and the renters could be assumed to make this a seamless investment transition. This is a really rare chance to own a fantastic revenue property that will only grow with time. For more details and to see our 360 tour, click the links below.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning R-CG
Direction E
Rooms
Basement Full, Suite
Interior
Interior Features No Animal Home
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Ceramic Tile
Appliance Dryer, Electric Stove, Range Hood, Refrigerator, Washer
Laundry In Unit
Exterior
Garage Alley Access, Off Street, Parking Pad, Rear Drive
Garage Description Alley Access, Off Street, Parking Pad, Rear Drive
Fence Partial
Community Features Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Roof Type Asphalt Shingle
Porch Balcony(s)
Lot Frontage 25.0
Parking Type Alley Access, Off Street, Parking Pad, Rear Drive
Total Parking Spaces 2
Building
Lot Description Back Lane, Back Yard
Foundation Poured Concrete
Architectural Style Bungalow, Side by Side
Level or Stories One
Structure Type Stucco,Wood Frame
Others
Restrictions None Known
Tax ID 95268114
Ownership Private
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