18
2316 16 Street SW
$1,100,000 Sale
Listed 5 days ago
· 0
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· 4
· 2342
Key Facts
Key facts for 2316 16 Street SW
Property Type
Other
Parking
Parking Pad , Parking Pad 4 parking
MLS #
A2244497
Size
2342 sqft
Basement
-
Listed on
-
Lot size
-
Days on Market
-
Year Built
1955
Maintenance Fee
-
Description
Open house 12-2pm. Saturday Aug 02, 2025. Discover a prime investment with this luxury fourplex—fully upgraded, centrally located, and perfectly situated in Bankview—offering unbeatable rental appeal just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview C...ommunity 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 reduces heating costs by 60%. Each of the four spacious 1-bedroom units (2,343 square feet total) has 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 $67,200 annually ($1,500 upper, $1,300 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 astute investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!
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Courtesy of: Datong Property Management Ltd.
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