Banff Trail, Calgary · MLS® A2323007
864
3,022 sq ft · 445 m² lot · House · Multi-family · built 1978 · 123 days on market
listed by Toni Helfrich, Diamond Realty & Associates Ltd
Spectacular duplex that offers investors a rare opportunity to acquire a fully furnished, cash-flowing four-unit property in a stronge rental location. Situated within walking distance of the U of C, Foothills hospital and the Banff Trail LRT Station, the property is fully leased and currently generates an excellent rental income.The property features 3,022 square feet above grade and an additional 1,270 square feet of developed basement space. The layout consists of two large three-bedroom spaces (main and upper level) along with two self-contained ( illegal)one-bedroom suites in the lower level. This mix of unit types appeals to a broad tenant base and helps support consistent occupancy.Both upper units have been updated with new white shaker kitchens featuring large islands, generous storage, and full appliance packages. Open-concept layouts, fireplaces, and large windows create bright and functional living spaces, while the upper unit benefits from vaulted ceilings. Each unit offers spacious bedrooms, including oversized primary bedroom with private ensuites. All bathrooms throughout the property have been renovated.The lower level contains two self-contained (illegal) one-bedroom suites, each with a private kitchen, bathroom, and living area. Large windows provide natural light, while durable tile flooring offers easy maintenance. Unit A has been upgraded with newer maple shaker cabinetry and updated bathroom fixtures.A key feature for both tenants and investors is the availability of laundry facilities on every level. Each upper suite has its own dedicated laundry room with full-sized washer and dryer, while the lower suites share separate laundry facilities.The property has been well maintained, with two high-efficiency furnaces installed in 2008 and serviced annually, along with two 40-gallon hot water tanks. Additional features include three private decks, a storage shed, and a large rear parking area accommodating up to four vehicles, with poten tial for additional tandem parking.With strong existing income, updated interiors, four revenue-generating suites, and a proven rental location, 2457 22A Street NW represents an excellent turnkey investment opportunity in Calgary's northwest market.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Nearest public (CBE) and Catholic schools, by distance
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Rapid transit: Banff Trail CTrain station, 300 m (about 5 min walk); University CTrain station, 900 m (about 14 min walk).
$1,150,000
2026 assessment · market value as of July 1, 2025
| roll year | assessed |
|---|---|
| 2026 | $1,150,000 |
| 2025 | $1,110,000 |
| 2024 | $932,500 |
| 2023 | $875,500 |
| 2022 | $771,500 |
| 2021 | $778,500 |
| 2020 | $759,000 |
| 2019 | $875,500 |
From City of Calgary open data (property assessments), matched to 2457 22A ST NW. A mass appraisal of market value, not an appraisal of this home; a new build may be assessed before it was finished.
about $7,647 a year
The 2026 assessment times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $7,647 a year in property tax.
Estimate from Alberta Municipal Affairs mill rates. Leaves out local improvement levies and utilities; the municipality's tax notice is the real figure.
Rapid transit: Banff Trail CTrain station, 300 m (about 5 min walk); University CTrain station, 900 m (about 14 min walk).
Walkability 79/100 · Walkable: many errands on foot
Within a 10 minute walk: 9 places to eat or drink, 1 cafe, 2 parks and playgrounds, 4 schools, 11 transit stops.
mihom score from OpenStreetMap places, by straight line distance.