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    RE/MAX House of Real Estate - #4034 16th Street SW, Calgary, AB, T2T-4H4

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    2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2206809

    Search the latest million dollar listings in Calgary on the MLS® below, updated several times a day. Million dollar properties come in many shapes and sizes; as experienced luxury REALTORS®, we can help you find that perfect listing that fits your wants, needs and lifestyle. If you need assistance finding that perfect million dollar listing in Calgary, please don’t hesitate to contact Cody & Jordan with the Calgaryism Real Estate Team anytime and we will be happy to assist you with your next home search!

    Calgary Million Dollar Homes for Sale
    Browse your real estate search results below. If you have questions about a listing or would like to view a property, Contact our Team of experienced Realtors® in Calgary by calling Cody & Jordan at 403-370-4008 anytime!
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    NEXT Open House details
    Apr 05, 2025 12:00 PM - 02:00 PM MDT

    2316 16 Street SW
    Bankview Calgary T2T 4E7

    $1,239,000
    Multi-Family 1,177 sq. ft. built: 1955

    Main Photo: 2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2206809
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    Open House - Apr 05, 2025
    12:00 PM - 02:00 PM MDT
    NOTES: Open House on Saturday, April 5, 2025 12:00PM - 2:00PM
    Status:
    Active
    Prop. Type:
    Multi-Family
    MLS® Num:
    A2206809
    Year Built:
    1955
    Open house 12-2pm. Saturday April 05, 2025. Why settle for a house or duplex when you can own a high-income fourplex for the same price? This fully upgraded, centrally located Bankview property offers unbeatable rental appeal—just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that cuts heating costs by 60%. The four spacious 1-bedroom units (2,343 square feet total) each have in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $72,000 annually ($1,600 upper, $1,400 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The savvy investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!
    Property Type:
    Multi-Family
    Property Sub Type:
    4 plex
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Total Living Area:
    1,176.8 sq. ft.
    Main Level Finished Area:
    1,176.8 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Below Grade Finished Area:
    1,165.8 sq. ft.
    Taxes:
    Tax Assessed Value:
    HOA Fee Includes:
    Lot Area:
    4,951 sq. ft.
    Acres Cleared:
    Acres Cultivated:
    Acres Irrigated:
    Acres Leasehold:
    Acres Not Cultivated:
    Acres Freehold:
    Acres Seeded:
    Acres Tame Hay:
    Acres Treed:
    Acres Waste:
    Acres Water Rights:
    Reg. Size:
    Reg. Size Includes:
    Year built:
    1955 (Age: 70)
    Bathrooms:
    - (Full:-, Half:-)
    Plan:
    5228AF
    Foundation:
    Poured Concrete
    New Constr.:
    No
    Construction Material:
    Composite Siding
    Structure Type:
    Four Plex
    Roof:
    Asphalt Shingle
    Ensuite:
    No
    Flooring:
    Laminate
    Garage:
    0
    Parking:
    Parking Pad
    Parking Places:
    4
    Parking Total/Covered:
    4 / -
    Laundry Features:
    In Unit
    Bankview (Calgary)
    Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
    no
    None Known
    Title to Land:
    Fee Simple
    Community Features:
    Park, Shopping Nearby
    Num. of Parcels:
    0
    Region:
    Calgary
    Zone:
    CAL Zone CC
    Zoning:
    M-CG
    Listed Date:
    Mar 29, 2025
    Days on Mkt:
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    Listed by Datong Property Management Ltd.
    Data was last updated April 5, 2025 at 06:05 AM (UTC)
    Area Statistics
    Listings on market:
    21
    Avg list price:
    $1,299,990
    Min list price:
    $899,900
    Max list price:
    $3,200,000
    Avg days on market:
    26
    Min days on market:
    3
    Max days on market:
    123
    Avg price per sq.ft.:
    $601.37
    These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
    Schools

    8 public & 5 Catholic schools serve this home. Of these, 11 have catchments. There are 2 private schools nearby.

    Parks & Rec

    2 basketball courts, 2 tennis courts and 4 other facilities are within a 20 min walk of this home.

    Transit

    Street transit stop less than a 4 min walk away.

    CODY BATTERSHILL
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    Million Dollar Listing Search in Calgary

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    Planning on selling or buying a luxury home in Calgary? Let our team of professional REALTORS® with RE/MAX House of Real Estate help guide you towards a successful transaction with our deep knowledge, skillset, and experience in the local luxury real estate market.

    Contact Cody & Jordan anytime at 403-370-4008 if you have questions or would like us to set up a showing for you! Get a Free Property Valuation for your luxury home in Calgary today!

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    2316 16 Street SW in Calgary: Bankview 4 plex for sale : MLS®# A2206809