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 |
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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 |
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Subdivision | South Calgary |
City | Calgary |
County | Calgary |
Province | Alberta |
Postal Code | T2T 1G5 |
Amenities
Parking Spaces | 4 |
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Parking | Alley Access, Off Street |
Is Waterfront | No |
Has Pool | No |
Interior
Appliances | See Remarks |
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Heating | Forced Air, Natural Gas |
Fireplace | No |
# of Stories | 2 |
Has Basement | No |
Exterior
Construction | Wood Frame |
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Additional Information
Date Listed | March 25th, 2025 |
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Days on Market | 11 |
Zoning | M-C1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Coldwell Banker Mountain Central |
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