Office Listings
1521 27 Avenue SW
South Calgary
Calgary
T2T 1G5
$1,299,990
Multi-Family
2,001 sq. ft.
built: 1973
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2196620
- Year Built:
- 1973
- Photos (20)
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An exceptional turnkey investment opportunity in the heart of South Calgary, this fully legal fourplex sits on a prime 50' x 125' lot in one of the city's most sought-after neighborhoods. Each of the four self-contained units boasts two bedrooms, in-suite laundry, a dedicated furnace, and a separate electrical panel. The two front units include an additional two-piece bathroom and private balconies, while the south-facing backyard provides ample outdoor space for tenant enjoyment.
This property has been well-maintained and thoughtfully upgraded over the years, including new windows installed just last year. With four assigned parking stalls and plenty of room for a future four-car detached garage, it offers both immediate rental income and future development potential. Tenants pay their own utilities, as all units are separately metered for gas, heat, and water.
Situated just minutes from downtown, Marda Loop, and the lively 17th Avenue district, this property is in an area known for its strong rental demand, excellent amenities, and unbeatable walkability. An investor’s dream, this well-maintained fourplex assures consistent cash flow and attracts quality tenants year-round.
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Home Style:
- Attached-Side by Side
- Total Living Area:
- 2,000.52 sq. ft.186 m2
- Main Level Finished Area:
- 1,812.32 sq. ft.168 m2
- Below Grade Finished Area:
- 2,000.52 sq. ft.186 m2
- Lot Area:
- 6,243 sq. ft.580 m2
- Stories Total:
- 2
- Year built:
- 1973 (Age: 52)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 4479P
- Heating:
- Forced Air, Natural Gas
- New Constr.:
- No
- Construction Material:
- Wood Frame
- Structure Type:
- Four Plex
- Ensuite:
- No
- Garage:
- 0
- Parking:
- Alley Access, Off Street
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Laundry Features:
- In Unit
- South Calgary
- See Remarks
- Seller owned window coverings; 4 Electric Stoves, 4 Dryers, 4 Range Hoods, 4 Refrigerators, 4 Washers
- None Known
- Title to Land:
- Fee Simple
- Patio And Porch Features:
- Balcony(s)
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-C1
- Listed Date:
- Mar 25, 2025
Larger map options:
Listed by Coldwell Banker Mountain Central
Data was last updated April 3, 2025 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 22
- Avg list price:
- $1,294,995
- Min list price:
- $899,900
- Max list price:
- $3,200,000
- Avg days on market:
- 24
- Min days on market:
- 1
- Max days on market:
- 121
- Avg price per sq.ft.:
- $603.84
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
- SHERRY HEINRICH
- COLDWELL BANKER MOUNTAIN CENTRAL
- 1 (403) 5858000
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.