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Rajesh BabunaiduREALTOR®smartPRO Realty
  • Corner Lot Facing 4plex with 4 Basement Suites. 8 Units! Note: Photo is AI Rendered based on Architectural Elevations
  • 4 Basement Units for rent with their own entrance, bedroom, bathroom, kitchen and living area
  • Main floor of the Upper Unit Townhouses. Spacious layout features massive kitchen, Dining Room and Living Room as well as a guest bedroom
  • Family friendly upstairs layout featues THREE large bedrooms and 2 bathrooms as well as an Ensuite walk in closet in the bathroom
  • 4 Single Garages for added parking!

$3,350,000

2550 19 Avenue SW

Richmond, Calgary

  • 5,268 sq ft

About this home

An extraordinary turn-key multi-family 4Plex in Richmond Inner City Calgary. Featuring 8 distinct, revenue-generating units under a single title. 4 upper townhomes plus 4 legal basement suites for excellent rental income. Built for capital efficiency, this project is structured to potentially qualify for CMHC MLI Select financing, which can offer up to 95% Loan-to-Cost (as little as 5% down) and amortizations up to 50 years for eligible applicants. As a purpose-built multi-unit residential development with 4+ units, it may also qualify for the enhanced Federal GST Rental Housing Rebate — Additionally, as a purpose-built completely eliminating the 5% federal tax liability on completion under self-supply rules and putting tens of thousands back into the owner's capital account. Each of the 4 upper two-storey townhomes offers 1,317 sq. ft. of space with a main-floor open living/dining area, gourmet kitchen with island, half bath, and an upper level containing 3 bedrooms, 2 full baths (including primary en-suite), and laundry. The 4 lower legal suites each span 507 sq. ft. with a private entry, full kitchen, 1 bedroom, 4-piece bath, separate mechanicals, and in-suite laundry. A massive 1,012 sq. ft. 4-bay detached garage provides significant additional parking as well as rental income for tenant parking!Built to commercial-grade standards, the building features full interior fire sprinklers, separated electrical meters for direct tenant utility billing, and soundproofed party-wall assemblies. The main floor and basement ceilings come complete with 10' high ceilings and modern luxury finishes.An incredible location located in the heart of Richmond South West Calgary with easy access to downtown, Marda Loop, shopping and more!Contact today for floor plans, rental projections, and CMHC/GST financing details! (id:67770)

Facts

Living area
5,268 sq ft
Home type
Multi-Family
Year built
2026
Lot size
581 square meters
Parking
10
Property taxes
$6,234 (2026)
MLS® number
A2343660

Features

Heating
Forced air, Natural gas
Cooling
Central air conditioning
Basement
Finished, Full
Appliances
Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Exterior Features
Concrete, Stucco

Location

Listed by Century 21 Bravo Realty

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