Listing Courtesy of: PILLAR 9 - IDX / Comox Realty
301 5 Avenue NE Calgary, AB T2E 0K9
Active (66 Days)
$2,900,000
7,176
SQFT
Description
MLS®:
A2234866
A2234866
Lot Size
5,974 SQFT
5,974 SQFT
Type
Multifamily
Multifamily
Year Built
2016
2016
Style
3 (or More) Storey
3 (or More) Storey
Listed By
Denis Hrstic, Comox Realty
Source
PILLAR 9 - IDX
Last checked Aug 31 2025 at 8:01 AM MDT
PILLAR 9 - IDX
Last checked Aug 31 2025 at 8:01 AM MDT
Bathroom Details
Interior Features
- Appliances : Refrigerator
- Appliances : Stove(s)
- Appliances : Dishwasher
- Appliances : Microwave
- Appliances : Range Hood
- Appliances : Washer/Dryer
- Appliances : Window Coverings
Subdivision
- Crescent Heights
Property Features
- Fireplace: Total Fireplace(s) : 0
Parking
- Parking Space(s) : 4
Stories
- 3
Living Area
- 7,176 sqft
Listing Price History
Date
Event
Price
% Change
$ (+/-)
Aug 26, 2025
Price Changed
$2,900,000
-3%
-100,000
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.
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.
Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value.
Each spacious unit includes:
2300 Square Feet Of Livable Space Over 4 Levels |
4 Large Bedrooms, 4.5 Bathrooms |
Large West Facing Patio |
Spacious Bonus Room With Cozy Fireplace |
Fully Finished Basement With Wet Bar And Single Detached Garage |
Stylish, move-in-ready modern interiors curated for comfort and durability |
The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you’re perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views.
Key Highlights:
Fully operational as a high-performing Airbnb short term rental.
All furnishings included.
Managed by professionals for a seamless, turnkey experience.
Outstanding location.
Immediate cash-flow potential with long-term upside.
High-performing income property with 6.05% cap rate
Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box.