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1511 23 Avenue NW, Calgary, AB, T2M 1V2

MLS® # A2267276
Investment For Sale In Capitol Hill, Calgary, Alberta
$2,979,000
1511 23 Avenue Nw, Calgary, AB - Outdoor
1511 23 Avenue Nw, Calgary, AB - Outdoor
1511 23 Avenue Nw, Calgary, AB - Outdoor
1511 23 Avenue Nw, Calgary, AB - Other
1511 23 Avenue Nw, Calgary, AB  - Outdoor
1511 23 Avenue Nw, Calgary, AB  - Outdoor
1511 23 Avenue Nw, Calgary, AB  - Outdoor
1511 23 Avenue Nw, Calgary, AB  - Other
  • Advertising
1511 23 Avenue NW, Calgary, AB, T2M 1V2
$2,979,000

Property Information:

An exceptional opportunity to own a brand-new 4plex with 4 legal basement suites—a total of 8 self-contained rental units complete with 4 single garages, offering outstanding income potential and long-term value. Each basement suite has its own private entrance, ensuring privacy and flexibility for tenants.Showcasing modern architecture and premium finishes, this property stands out as one of Calgary’s most impressive multi-family builds. Perfectly located in Capitol Hill, just off 14th Street NW, it provides unbeatable access to SAIT, the University of Calgary, Confederation Park, hospitals, downtown, and major transit routes.The upper units each offer 3 bedrooms, 2 bathrooms, open-concept living and dining areas, and a spacious kitchen with high-end finishes. The basement suites feature 9-ft ceilings, 1 bedroom, 1 bathroom, and bright, functional layouts designed for comfort and efficiency. Built to a higher standard with superior construction quality and a unique drive-in design, this property combines form and function beautifully.Eligible for CMHC’s MLI Select program, offering potential low down payments and extended amortizations (subject to lender and CMHC approval). A rare chance to secure a turnkey 8-unit property in one of Calgary’s most desirable inner-city neighborhoods. Feel free to reach out for more details

Inclusions: N/a

Building Features:

  • Total Finished Area: 5190.00

Property Features:

  • Built in: 2026
  • Floor Space (approx): 5190.00 Square Feet
  • Zoning: R-CG
  • No. of Parking Spaces: 8

Courtesy of: MaxWell Canyon Creek

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 1511 23 Avenue NW, Calgary, AB, T2M 1V2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

Projected Heat Risk: Moderate-Low

29 hot days expected in 2050

39/100

Moderate-Low

ClimateCheck®

Current data

This property, 1511 23 Avenue NW, experiences 7 hot days per year at around 29 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 29 hot days at 33 degrees Celsius.

Projected Avg. Temperature

Past
29℃
2050
33℃

# Hot Days Per Year

Past
7
2050
29

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-Low

11 storms expected in 2050

22/100

Moderate-Low

ClimateCheck®

Current data

This property, 1511 23 Avenue NW, experiences 10 significant 2-day storms per year, with about 201.7mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 11 significant 2-day storms with 215mm of precipitation per year.

Precipitation Per Storm

Past
201.7mm
2050
215mm

48-Hour Storms Per Year

Past
10
2050
11

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 1511 23 Avenue NW, Calgary, AB, T2M 1V2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$155,910.68

Average Number of Children

1.65

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.93 %

High school certificate or equivalent

25.87 %

Apprenticeship trade certificate/diploma

6.82 %

College/non-university certificate

16.2 %

University certificate (below bachelor)

2.64 %

University Degree

40.53 %

Commuter

Travel To Work

By Car

79.94 %

By Public Transit

9.82 %

By Walking

8.24 %

By Bicycle

1.01 %

By Other Methods

0.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

20.36 %

Houses

79.64 %

Own Vs. Rent