1923 26 Avenue SW Calgary, AB T2T 1E4
Listing Courtesy of: PILLAR 9 - IDX / Listed By: The Real Estate District

  1923 26 Avenue SW Calgary, AB T2T 1E4

Active (14 Days)
$3,995,000 (CAD)

Description

Fully leased investor opportunity in Marda Loop, generating $226,800 in annual rental revenue with an assumable MLI Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts, 4 bedrooms, 3.5 bathrooms, and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal, while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft, while lower units offer 678 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, two fireplaces (main level and penthouse), oversized kitchen islands, and large windows for plenty of natural light, with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal, minimizing upkeep for ownership. Located steps from downtown, transit, and Marda Loop's vibrant amenities, this fully operational, cash-flowing asset delivers thoughtful design, efficient studio systems, and strong long-term rental demand — a rare, turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property, and please do not disturb the tenants.

MLS®:
A2336846
Lot Size
6,243 SQFT
Type
Multifamily
Year Built
2025
Style
3 (or More) Storey

Listed By

Paul Bal, The Real Estate District
Source
PILLAR 9 - IDX
Last checked Aug 28 2026 at 6:24 AM EDT
Bathroom Details
Subdivision
  • South Calgary
Property Features
  • Fireplace: Living Room
  • Fireplace: Loft
  • Fireplace: Total Fireplace(s) : 0 Gas
  • Foundation: Poured Concrete
Heating and Cooling
  • Full
Basement Information
  • Full
Exterior Features
  • Roof: Flat Torch Membrane
Parking
  • Quad or More Detached
  • Parking Space(s) : 4
Stories
  • 3
Living Area
  • 7,168 sqft
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.