212 32 Avenue NE, Calgary, Alberta, T2E2G7
$4,700,000
Brand-New 12-Unit Multifamily Building for Sale | Purpose-Built Rental with Legal Suites | CMHC MLI Select Eligible | Inner-City Calgary. Exceptional opportunity to purchase a newly constructed, purpose-built 12-unit multifamily building located at 212 32 Avenue NE in Calgary, Alberta. This investment property is situated in the highly sought-after inner-city community of Highland Park, just minutes from downtown Calgary, major commuter routes, transit, schools, shopping, and the future Green Line LRT. Designed for maximum income generation, this development features 6 self-contained townhome-style units above grade and 6 fully legal one-bedroom basement suitesâeach with private entry, separate HVAC systems, and in-suite laundry. Professionally designed by John Trinh & Associates, this new construction multifamily property offers investors long-term durability, contemporary architecture, and excellent curb appeal. All units are individually metered and built to the latest Alberta Building Code standards, with sound attenuation and fire separation in place. Tenants enjoy functional, well-laid-out living spaces with high ceilings, full kitchens, spacious bedrooms, and modern finishes throughout. This is a turn-key, low-maintenance income property ideal for long-term holds and passive income. Strategically positioned near Edmonton Trail, Centre Street, and 16 Avenue NW/Trans-Canada Highway, this rental property offers unmatched access to Calgaryâs downtown core, SAIT, University of Calgary, Foothills Hospital, and major employment hubs. With strong population growth, limited new rental supply, and increasing demand for high-quality inner-city housing, this location ensures sustained rental performance and long-term appreciation. This property is fully eligible for the CMHC MLI Select program, allowing qualified buyers to finance with as little as 5% down and amortizations up to 50 years. This creates unparalleled leverage, optimized monthly cash flow, and superior retu rn on investment. Investors can maximize borrowing power while benefiting from stable, long-term debt at CMHC-insured rates. Whether youâre an experienced real estate investor or new to multifamily ownership, this offering presents one of Calgaryâs best opportunities to secure a high-performing, cash-flowing asset in a growing inner-city market. Full pro forma, floor plans, construction specifications, and financial analysis available upon request. (id:24240)
Kelly Maxwell
Committed to Exceeding Expectations
Whether you are buying or selling, it’s important to work with real estate professionals you can trust to consistently put your needs first. The Kelly Maxwell Real Estate team brings deep finance and business expertise, along with two decades of experience in the Calgary real estate industry. Our commitment is to consistently exceed expectations by being the most responsive, innovative and results-oriented professionals in real estate today.
Call or text 403.875.1114 and let us become the real estate team for your life.