212 32 Avenue NE, Calgary, Alberta, T2E2G7

212 32 Avenue NE

212 32 Avenue NE, Calgary, Alberta, T2E2G7

$4,700,000

Bedrooms
0
Bathrooms
0
Half Baths
Storeys
0
SqFt
12,258
Year Built
2025
Community
Highland Park
MLS#
A2234264
Days Listed
7
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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 suites—each 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 Calgary’s 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 you’re an experienced real estate investor or new to multifamily ownership, this offering presents one of Calgary’s 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)

Bedrooms: 0
Bathrooms: 0
Interior Size: 12258 sqft
Total Finished Area: 12258.36 sqft
Storeys: 0
Year Built: 2025
Property Type: Multi-family
Building Type: Multi-Family
Title: Freehold
Appliances: Refrigerator, Range - Gas, Dishwasher, Microwave, Humidifier, Hood Fan, Garage door opener, Washer/Dryer Stack-Up, Water Heater - Tankless
Parking: Garage, Detached Garage
Parking Spaces: 6
Property Type: Multi-family
Zoning: R-CG
Latest Update: Sun, 06 Jul 2025 14:47:48 GMT
MLS#: A2234264
Listing Agency:
Real Broker
#700, 1816 CROWCHILD TRAIL NW, CALGARY, Alberta, T2M3Y7
Realtor and MLS
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