Kingsland, Calgary · MLS® A2354025
7
10,872 sq ft · 848 m² lot · House · Multi-family · built 2026 · 2 days on market
listed by Elizabeth Graham, CIR Realty
Brand new 14-unit multifamily investment opportunity in southwest Calgary! Offering a versatile mix of suites, modern construction and investor-friendly design, this property is built for long-term rental appeal. The unit mix includes three 1-bedroom basement suites, three upper units featuring 3 bedrooms plus bonus rooms, four upper 2-bedroom units and four 2-bedroom basement suites. Each unit has its own mechanical room and separate utilities, offering efficient operation and individual utility management. All upper units feature air conditioning, while the property also includes 7 parking stalls and 4 storage lockers. Ideally located along Elbow Drive SW in an established southwest community, residents enjoy convenient access to shopping, restaurants, schools, public transit and major commuter routes. Chinook Centre and the surrounding commercial amenities are just a short drive away, making this a convenient location for a variety of tenants. An exceptional opportunity to acquire a brand-new multifamily asset with a diverse suite mix, modern systems and the added benefit of an assumable mortgage at a rate below current market offerings, subject to lender approval and applicable terms.
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: Heritage CTrain station, 1.2 km (about 18 min walk); Chinook CTrain station, 1.6 km (about 25 min walk).
about $37,239 a year
The asking price times Calgary's 2026 residential rate of 6.65 per $1,000 (municipal and education).
The listing shows $7,846 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. Without the city's assessment this uses the asking price, so it's a rough guide.
Rapid transit: Heritage CTrain station, 1.2 km (about 18 min walk); Chinook CTrain station, 1.6 km (about 25 min walk).
Walkability 81/100 · Very walkable: most errands on foot
Within a 10 minute walk: 4 places to eat or drink, 1 cafe, 14 parks and playgrounds, 3 schools, 1 pharmacy, 13 transit stops.
mihom score from OpenStreetMap places, by straight line distance.
nothing comparable on the market right now.