Turnkey Investment Opportunity – Fully Furnished and Professionally Managed Airbnb 4-Plex in Prime Inner-City Location.
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.More details
*Be sure to watch the full cinematic home tour! * Welcome to a rare luxury offering in the sought-after community of Crescent Heights-a neighborhood celebrated for its breathtaking skyline views, lush tree-lined parks, and vibrant culinary scene. This architecturally striking residence blends urban energy with natural beauty, offering over 4,000 sq. ft. of developed living space across three spacious levels plus a fully finished basement.
Step inside and be captivated by the abundance of natural light, custom lighting that elegantly spans all four levels, and a thoughtfully designed layout tailored for both entertaining and everyday living. The gourmet kitchen is a chef’s dream, featuring Miele appliances, a 5-burner gas cooktop, and full-height cabinetry. The main floor seamlessly opens to a zero-maintenance, fully fenced private yard-an inner-city oasis.
The second floor hosts three well-appointed bedrooms, each with its own walk-in closet. The two secondary bedrooms share a designer five-piece bath with double floating vanities, while the primary suite is a sanctuary, complete with a custom double wardrobe, a luxurious five-piece ensuite with dual vanities, backlit mirrors, steam shower, and a freestanding soaker tub.
The third floor is built for entertaining-two stunning rooftop patios offer both east and west exposures, ideal for your morning coffee or evening wine with a view.
Downstairs, the basement includes a fourth bedroom, a full bath, a spacious recreation area with a wet bar. This space would also be fantastic as a GYM/fitness area. The home even features a RARE UNDERGROUND TUNNEL from the basement to the oversized, finished, triple garage, keeping you warm and dry year-round. This space also offers the opportunity to add TONS of additional open or closed storage for your sports, hobby, and seasonal items!
And now, ANOTHER SHOWSTOPPER: perched above the garage is a beautiful 585 sq. ft. one-bedroom carriage suite. With a large full kitchen with stainless steel appliances, eat-up island, and sleek white cabinets, in-suite laundry, gorgeous 3 piece bath, and private entrance, it’s perfect for hosting guests, accommodating extended family, or generating additional income.
Additional features include an EV charging station, high-end finishes throughout, and a location that places you minutes from downtown Calgary, top-rated restaurants, nearby schools, and river pathways.
Don’t miss your chance to own this exceptional, one-of-a-kind property!More details
TWO LOTS(411 AND 415 EDMONTON TRAIL) ARE INCLUDED IN THE SALE. Developer and investor alert! This phenomenal residential development site on two lots totaling 11,388.2 SQ. FT. LOT offers tremendous CITY VIEWS and an outstanding INNER-CITY LOCATION! Both parcels are being sold together. M-C2 zoning is a multi-residential designation that is primarily for 3 to 5 story apartment buildings. This fantastic location has great road access going into downtown and Deerfoot Trail and is ideally situated between Crescent Heights and Bridgeland. WITHIN WALKING DISTANCE TO EVERYTHING – transit, school, parks, shops, restaurants, downtown, the East Village and the extensive river pathways. You simply won’t find a better inner-city location for your next project. Don’t miss out on this amazing opportunity! The up/down duplex current on the property to be sold as-is, where-is, has renters.The List price is exclusive of GST. For more information please call now.More details
This legal 4-Plex is your ticket to cash flow and long-term equity in one of Calgary’s most desirable inner-city neighborhoods, Crescent Heights. With over 4,000 sqft of total living space, this fully rented, impeccably maintained property is packed with features that make it a dream addition to any portfolio. The upper floor offers 2,407 sqft of bright, open-concept living with two spacious 2-bedroom suites. Each suite includes a modern kitchen, generous dining areas, 2 full bathrooms, exclusive use washer/dryer, and two balconies—one off the primary bedroom and one from the living room—bringing that perfect blend of indoor/outdoor living. Downstairs, the 1,676 sqft lower level has two beautifully finished 1-bedroom suites with, exclusive washer/dryer and direct access to a private patio area, creating even more appeal for tenants. Parking is no issue here, with two double attached garages* plus five extra stalls—an absolute rarity this close to downtown. *The garage for 1419 has a single door and has been converted to an office w 3 piece bathroom, laundry room, epoxy floors and boiler room. The garage for 1421 has been converted to a gym/weight room with epoxy floors, 3 piece bathroom and laundry area. Many extras are included in the sale, hot tub, weight room / gym equipment, most furniture in the suites (with some exclusions). Located just minutes from downtown, the vibrant Kensington district, 16th Avenue, top restaurants, shopping, and major transit routes, this property offers unbeatable convenience and lifestyle appeal. This is the kind of investment opportunity that checks all the boxes—turnkey, low maintenance, and in a location that continues to grow in value. Don’t wait—book your private showing today before it’s gone!More details
*VISIT MULTIMEDIA LINK FOR FULL DETAILS & FLOORPLANS!* Introducing an architectural marvel in the established community of Crescent Heights. This newly built 5-bed, 3-bath BUNGALOW infill with a LEGAL 1-bed, 1-bath CARRIAGE SUITE redefines urban luxury, offering a stunning primary residence alongside an independent suite—ideal for multi-generational living or rental income. From the moment you arrive, this home captivates you with its striking curb appeal, LOW-MAINTENANCE STONE & COMPOSITE EXTERIOR, FULLY LANDSCAPED YARDS, and CONCRETE WALKWAYS. Inside, soaring VAULTED CEILINGS, WIDE-PLANK ENGINEERED OAK FLOORING, and oversized EUROPEAN WINDOWS create a bright and sophisticated atmosphere.
The gourmet CHEF’s KITCHEN is a masterpiece, featuring a TOP-OF-THE-LINE APPLIANCE PACKAGE, CUSTOM CABINETRY, QUARTZ COUNTERTOPS, a large CENTRAL ISLAND, and UNDER-CABINET LIGHTING. The open-concept design flows into the elegant dining area and living room, complete with a natural gas fireplace and sliding doors leading to the backyard. A tiled mudroom with built-ins ensures seamless organization. The PRIMARY SUITE is a retreat boasting VAULTED CEILINGS, an OVERSIZED WALK-IN CLOSET, and a SPA-INSPIRED ENSUITE with HEATED FLOORS, DUAL VANITIES, a FREESTANDING SOAKER TUB, and a LARGE TILED SHOWER—a spacious second bedroom and a stylish main bathroom complete the main floor. The FULLY FINISHED BASEMENT offers 9’ CEILINGS, a large REC ROOM with a WET BAR, a FORMAL GYM with mirrored walls, three additional bedrooms with oversized windows, a 4-PIECE BATHROOM, and a FORMAL LAUNDRY ROOM with a sink and storage. Stepping outside, the backyard is a PRIVATE OASIS featuring a SPACIOUS DECK with a GAS LINE for a BBQ, HEATER, or FIREPIT. The DOUBLE GARAGE is HEATED, INSULATED & DRYWALLED, ensuring comfort year-round. Perched above the garage, the LEGAL CARRIAGE SUITE offers WIDE-PLANK FLOORING, an OPEN-CONCEPT LIVING AREA, a MODERN KITCHEN with STAINLESS STEEL APPLIANCES, a spacious BEDROOM, and a FULL 4-PIECE BATHROOM—ideal for extended family or rental income. Located in Crescent Heights, this home provides unparalleled access to DOWNTOWN, BOUTIQUE SHOPS, TRENDY RESTAURANTS, and SCENIC PARKS. The Bridgeland LRT, major roadways, and the Bow River pathway system are just minutes away. This isn’t just a home—it’s a LIFESTYLE. Schedule your private showing today!More details
Introducing an exceptional development land opportunity, nestled in the highly sought-after Crescent Heights neighborhood and adjacent to the trendy Bridgeland area. This prime piece of land measures a total of 100 ft x 120 ft and is zoned M-C2, offering tremendous potential for development. With a Floor Area Ratio (FAR) of 2.5 and no density limit, this property presents an ideal canvas for constructing an apartment or condo building. The assembly comprises three lots with separate titles, consisting of one 50 ft lot and two 25 ft lots. This configuration allows for flexibility in design and layout. The location offers convenient access with a man-door entrance off 3rd St NE and a parkade entrance accessible from the southeast corner of the lot on 3rd Ave. Notably, the ground-level views of the city are nothing short of phenomenal. Theres a vacant 50 ft lot, a vacant 25 ft lot, and an infill property that is currently rented for $1,900 per month. The addresses for the lots (must be sold together) are 404, 406, and 408 3 Ave NE, respectively. This arrangement provides both immediate income and flexibility for development. Situated in an incredible inner-city location, this property offers the convenience of being within walking distance to the picturesque river pathways, the vibrant Downtown Core, the thriving East Village, and a wide range of desirable amenities. Whether you seek recreational activities, cultural attractions, or dining and shopping options, everything is within reach. The seller is flexible on possession, allowing for a smooth transition for potential buyers. Don't miss this remarkable opportunity to acquire a prime development land in Crescent Heights, offering unlimited potential and an enviable location. Act now and make your mark in this vibrant and desirable community.More details
Introducing an exceptional development land opportunity, nestled in the highly sought-after Crescent Heights neighborhood and adjacent to the trendy Bridgeland area. This prime piece of land measures a total of 100 ft x 120 ft and is zoned M-C2, offering tremendous potential for development. With a Floor Area Ratio (FAR) of 2.5 and no density limit, this property presents an ideal canvas for constructing an apartment or condo building. The assembly comprises three lots with separate titles, consisting of one 50 ft lot and two 25 ft lots. This configuration allows for flexibility in design and layout. The location offers convenient access with a man-door entrance off 3rd St NE and a parkade entrance accessible from the southeast corner of the lot on 3rd Ave. Notably, the ground-level views of the city are nothing short of phenomenal. Theres a vacant 50 ft lot, a vacant 25 ft lot, and an infill property that is currently rented for $1,650 per month. The addresses for the lots (must be sold together) are 404, 406, and 408 3 Ave NE, respectively. This arrangement provides both immediate income and flexibility for development. Situated in an incredible inner-city location, this property offers the convenience of being within walking distance to the picturesque river pathways, the vibrant Downtown Core, the thriving East Village, and a wide range of desirable amenities. Whether you seek recreational activities, cultural attractions, or dining and shopping options, everything is within reach. The seller is flexible on possession, allowing for a smooth transition for potential buyers. Don't miss this remarkable opportunity to acquire a prime development land in Crescent Heights, offering unlimited potential and an enviable location. Act now and make your mark in this vibrant and desirable community.More details
Located on a serene tree-lined street in the mature community of Crescent Heights, this 3 bedroom home offers over 2000 sq ft of developed living space plus a legal self-contained 2 bedroom basement suite with separate side entrance. The open & airy main level presents beautiful wide-plank engineered hardwood floors, 10’ ceilings & is flooded with natural light, showcasing the front dining area with elegant accent wall & stylish light fixture. Create culinary delights in the kitchen that’s tastefully finished with quartz counter tops, oversized waterfall island/eating bar, an abundance of storage space, convenient butler’s pantry & upgraded stainless steel appliance package. A spacious living room is anchored by a feature fireplace & built-ins. Completing the main level is a mudroom & 2 piece powder room. The second level hosts a bonus room with skylights & built-in computer desk as well as 3 bedrooms, a 4 piece bath & laundry room with sink & storage. The primary retreat with lofty vaulted ceiling boasts a walk-in closet & luxurious 5 piece ensuite with dual sinks, relaxing freestanding soaker tub & rejuvenating separate steam shower. The legal 2 bedroom basement suite features luxury vinyl plank flooring, 9’ ceilings, spacious living/dining area & kitchen nicely finished with quartz counter tops, island/eating bar & stainless steel appliances. Two good-sized bedrooms, a 4 piece bath & laundry facilities complete the legal basement suite. Outside, enjoy the back yard with patio & access to the double detached garage with handy drive-through feature allowing access to the back yard. This home has an incredibly convenient location, steps from Crescent Heights High School & close to Crescent Heights Park, McHugh Bluff, shopping, public transit & easy access to 16th Avenue & downtown via Centre Street.More details
NEW PRICE!!! ATTENTION DEVELOPERS/BUILDERS EMPTY CANVAS READY FOR DEVELOPMENT. CRESCENT HEIGHTS GEM ZONED M-C1/RM4, TOTAL PARCEL APPROX 87.5 FT X 112.5 FT (TBV)OLD HOMES PROFESSIONALLY REMOVED ACCORDINGLY. TO BE SOLD TOGETHER 1506 & 1510 1 STREET NW ONLY !!! AS ONE LARGE RM4 LOT WITH 2 TITLES. (LOTS N9,10,11,12)($1179800.00 IS FOR BOTH PARCELS) PRICED AT CITY OF CALGARY 2024 ASSESSMENT !! SUPER INNER CITY LOCATION WITH SHOPPING, RESTAURANTS, VIEWS,TRANSPORTATION AND GREAT WALKING DISTANCE SCORE..More details
A truly exceptional opportunity in the coveted community of Crescent Heights! Zoned with approval already in place for eight suites, this 50' x 120' property provides a head start for your next project. Situated on a corner lot, this two-storey property offers incredible potential for builders, developers, or investors looking to capitalize on one of Calgary’s most sought-after inner-city neighbourhoods. Whether you choose to develop immediately or hold as a long-term investment, opportunities like this are exceedingly rare. Surrounded by new and modern homes, it’s just steps from parks, schools—including Crescent Heights High School—and minutes to downtown, local shops, and restaurants. With strong land value appreciation, high rental demand, and unbeatable proximity to the Bow River and city core, this is a remarkable chance to secure a prime piece of land in one of Calgary’s most vibrant, established communities. Don’t miss your chance to build or invest in Crescent Heights—opportunities like this don’t come along often in this beloved community.More details
Excellent location with beautiful and stunning City View. This corner lot is back onto Rotary Park. Base on city of Calgary development information, this corner lot allows to build 4 town houses with legal suite basement(buyer needs to confirm this info). This corner lot also offers a immaculate 1,121 sq ft charming character bungalow on the lot. The house is offering total 2 kitchen, 6 bedrooms, 2 full bathrooms, and separated entrance to the basement. The main floor features a unique foyer, living room with gas fireplace, bright dining room, open kitchen with S/S appliances, newer bathroom with a 2 storey art piece stained glass window, the deck is the backyard is overlooking the gorgeous south facing backyard oasis. Basement has an additional 3 bedrooms with small windows, bathroom, summer kitchen, living room, dining room, laundry and storage space. There is a heated workshop / studio attached to the double car garage. This gem is a rare find, located in one Calgary’s most desirable neighbourhoods. Close proximity to downtown, Bow river, trendy eateries, shops, parks, schools and public transport. This property is in a Heritage Guideline Area. Everyone please find more information on Heritage Guideline Areas at the City of Calgary's website. The rent is $3,500/per month now. Please don't disturb the tenants in the house. They never open the door for viewings. This lot size is 45.8f x 120f.More details
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Rare lot located in the prestigious community of Crescent Heights. The property is a quick walk to tons of great restaurants and shops in Crescent Heights Village, as well as a short walk to a Safeway and a Co-op grocery store. It is also within an easy walk to downtown, Prince's Island Park and other great parks and a quick bike ride to the Calgary river pathway system. The property is located in the heart of Crescent Heights, situated between Centre Street and Edmonton Trail and south of 12th Ave. The lot is one of the very few available inner-city properties that is supported by North Hill Communities Local Area Plan. Existing bungalow on the property needs some work.More details
Data was last updated July 1, 2025 at 04:05 PM (UTC)
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