Calgary, AB T2E 1T3,128 22 AVE NE #1-8
Calgary, AB T2E 1T3,128 22 AVE NE #1-8
Calgary, AB T2E 1T3,128 22 AVE NE #1-8
Calgary, AB T2E 1T3,128 22 AVE NE #1-8
Calgary, AB T2E 1T3,128 22 AVE NE #1-8
Calgary, AB T2E 1T3,128 22 AVE NE #1-8
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Tue
25
Nov
Wed
26
Nov
Thu
27
Nov
$ 2,225,000
Est. payment | /mo

3,091 SqFt


$ 2,225,000
Est. payment | /mo

3,091 SqFt

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 3,091 sqft

Price per Sqft $719

Subdivision Tuxedo Park

MLS® Listing ID A2271794

Style Apartment-Single Level Unit

Year Built 1963

Annual Tax Amount $9,950

Tax Year 2025

Lot Size 8,901 Sqft

Acres 0.2

Property Sub-Type Apartment

Source Calgary

Property 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. Viewings only upon acceptance of a conditional offer please.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-C1

Rooms

Basement Full

Interior

Heating Boiler, Natural Gas

Flooring Carpet, Tile, Vinyl Plank

Inclusions All stoves, hood fans, fridges, coin operated clothes washers and dryers and other equipment located at the property and owned by the seller.

Exterior

Parking Features Alley Access, Assigned, Plug-In

Garage Description Alley Access, Assigned, Plug-In

Roof Type Flat,Membrane

Lot Frontage 75.0

Total Parking Spaces 8

Building

Story 2

Foundation Poured Concrete

Architectural Style Apartment-Single Level Unit

Level or Stories Single Level Unit

Others

Restrictions None Known

Tax ID 101458398

Ownership Private

Virtual Tour https://unbranded.youriguide.com/vCHMJNEETISYD1/

Listed by D.C. & Associates Realty

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

128 22 AVE NE #1-8

💬
};