Data was last updated 2026-05-12 at 19:40:05 GMT
$1,800,000

934 5A Street NW   Calgary, Alberta

MLS®: A2305081
URL:    
Welcome to Sunnyside?one of Calgary?s most sought-after inner-city communities, just steps from the vibrant amenities of Kensington. This exceptional multi-family property presents a prime investment opportunity with strong existing income and additional upside potential. The building features four fully self-contained units, each offering 1,046?1,061 sq ft of well-designed living space, complete with 3 bedrooms and 1.5 bathroom. All units have been recently renovated with durable vinyl plank flooring throughout, while two units feature updated cabinetry and quartz countertops. As part of these upgrades, each suite is equipped with convenient in-unit laundry, enhancing both tenant comfort and long-term rental appeal. The mechanical systems?individual furnaces and hot water tanks for each unit?are located in the basement, supporting efficient maintenance and operation. Three of the four units are currently tenanted, generating $7,400/month in rental income, with tenants paying their own utilities. The fourth unit was most recently rented for $2,800/month, highlighting the strong revenue potential and immediate upside for investors. Additionally, there is potential to develop two basement units, offering a valuable opportunity to further increase cash flow and maximize returns. The property also includes four outdoor parking stalls, adding to tenant convenience and overall appeal. Ideally located, this property is just moments from Memorial Drive, the iconic Peace Bridge, and an abundance of shops, restaurants, parks, and transit options. Directly across the street, a community park and open green space serve as a year-round gathering place, including a popular outdoor skating rink in the winter months?enhancing the property?s appeal to tenants seeking both lifestyle and convenience. Whether you?re a seasoned investor or looking to expand your portfolio, this is a rare opportunity to acquire a turnkey asset in a high-demand rental location with future development upside.

Listing Information

Prop. Type:
4 plex
Property Style:
2 Storey
Status:
Active
City:
Calgary
Neighbourhood:
Sunnyside
Area:
Calgary
Province:
Alberta
MLS® Number:
A2305081
Listing Price:
$1,800,000

General Information

Year Built:
1980
Total Square Feet:
4220ft2

Additional Information

Basement Dev:
Full
Parking:
Parking Pad

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Location


Terry Chang
The Real Estate Company Limited
#11,5080-12A Street S.E., Calgary, Alberta
Office: 403-660-0472
Mobile: 403-660-0472
Fax: 403-592-6919
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.