Property Details

301 5 Avenue NE
Calgary (A2224734)

$3,000,000
7,176 ft²
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Interest Rate
Loan Amount
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Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Turnkey Investment Opportunity – Fully Furnished and Professionally Managed Airbnb 4-Plex in Prime Inner-City Location. Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value. Each spacious unit includes: 2300 Square Feet Of Livable Space Over 4 Levels | 4 Large Bedrooms, 4.5 Bathrooms | Large West Facing Patio | Spacious Bonus Room With Cozy Fireplace | Fully Finished Basement With Wet Bar And Single Detached Garage | Stylish, move-in-ready modern interiors curated for comfort and durability | The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you’re perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views. Key Highlights: Fully operational as a high-performing Airbnb short term rental. All furnishings included. Managed by professionals for a seamless, turnkey experience. Outstanding location. Immediate cash-flow potential with long-term upside. High-performing income property with 6.05% cap rate Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box.

Property details

Basic Info

MLS® #
A2224734
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
Crescent Heights
Price
$3,000,000
Sale/Lease:
For Sale
Size:
7,176 sq.ft.
Year Built:
2016 (9 years old)

Building Info

Structure Type:
Four Plex
Building Style:
3 (or more) Storey
Garage:
No
Fence:
Basement:
No
Inclusions:
All Units are fully furnished with Furniture, Kitchen and Bath Essentials, Artwork, etc
Appliances:
Dishwasher, Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings

Lot / Land Info

Lot Size:
0.14 acres
Zoning:
M-CG

Listing Info

Possession:
Negotiable
Days on Market:
9
Your Agent
  • Daniel Cram

    Sutton Group Grande Prairie
    780-814-9482

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