1521 27 Avenue Sw, Calgary, Alberta

$1,299,990

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2,001

Square feet

0.14

Acres

About 1521 27 Avenue Sw

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.

Features of 1521 27 Avenue Sw

MLS® # A2196620
Price $1,299,990
Bathrooms 0.00
Square Footage 2,001
Acres 0.14
Year Built 1973
Type Multi-Family
Sub-Type 4 plex
Style Side by Side
Status Active

Community Information

Address 1521 27 Avenue Sw
Subdivision South Calgary
City Calgary
County Calgary
Province Alberta
Postal Code T2T 1G5

Amenities

Parking Spaces 4
Parking Alley Access, Off Street
Is Waterfront No
Has Pool No

Interior

Appliances See Remarks
Heating Forced Air, Natural Gas
Fireplace No
# of Stories 2
Has Basement No

Exterior

Construction Wood Frame

Additional Information

Date Listed March 25th, 2025
Days on Market 11
Zoning M-C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Mountain Central

Listing Map