Property Details for MLS® # A2244497
2316 16 Street, Calgary
4 plex for Sale
- MLS®#: A2244497
- Price: $1,100,000
- Parking: 4
- Status: Active
- Year Built: 1955
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 Community 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!
Contact Dan Salloum About MLS® A2244497

Dan Salloum, 403-807-0366 at RE/MAX HOUSE OF REAL ESTATE, 4034-16 st SW, Calgary, Alberta, T2T-4H4
property information
- Property Type: 4 plex
- MLS®#: A2244497
- Year Built: 1955
- Total Floor Area: 2,342 sq.ft
Community Information
- Address: 2316 16 Street
- Neighbourhood: Bankview
- City: Calgary
- Postal Code: T2T 4E7
interior
- Included: NO
- Fireplace Details: For Sale
- Floor Finish: Laminate
exterior
- Exterior Finish: Composite Siding
- Construction: Composite Siding
- Roof: Asphalt Shingle
services & amenities
- Parking: Parking Pad (4 Total Parking Spaces)
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Datong Property Management Ltd.