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Listed price in listed location currency (CAD).
$2,225,000

008

MLS® A2271794

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size 3091 sqft
Garage 
Maintenance Fees 
Taxes 
Days Active 126
Approx. Age 1963
Avg. Price Per Sqft $719
MLS® Number A2271794

Property Address: 1-8-128 22 Ave Ne, Calgary, AB, T2E1T3

Average square foot calculated using Size range provided by listing agent.

Description

Perfectly located in the coveted inner-city neighborhood of Tuxedo Park, this eight suite apartment building sits on a deep 118.5' × 75' (8, 898.5 sq ft) lot, zoned MC-1. With all units individually metered for electricity and energized parking stalls for every suite, this asset offers rare ease of operation and appeal. The building boasts a strong foundation of long-term tenants and low turnover, and has recently benefited from several capital investments including a boiler replacement in and roof replacement with a 25 year membrane in 2012. The suite layouts are extremely well-designed for one-bedroom living — spacious, functional and targeted to solid renters seeking inner-city convenience. The location is prime: with a Walk Score of 89 (very walkable) and a Transit Score of 58 (good transit access) according to Walk Score data. One block from a bus route and only minutes from downtown, this address delivers urban lifestyle appeal with the quiet character of a well-maintained residential building. Current average rents sit at approximately $1, 335/month, with market rent for comparable one-bedrooms in the area estimated at approximately $1, 485/month — demonstrating meaningful upside potential for the incoming owner-operator. Management is streamlined: tenants pay their own electricity, there is a building-owned common laundry facility, and the property is easily self-managed with minimal required maintenance. This property offers an excellent turnkey, well-positioned multi-family investment with strong fundamentals, immediate upside, and immediate access to Calgary’s urban rental demand.
MLS® NumberA2271794
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1963
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 24, 2025List Date
$2,225,000List Price
  • Commute

Commute

Starting Address
Destination Address
128 22 Ave Ne, Calgary, AB

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