Incredible income-generating opportunity on a corner lot in sought-after Capitol Hill—ideal for students, professionals, and healthcare workers. This stucco-exterior property features 8 income-generating suites, including mother-in-law units with separate entrances, and is eligible for CMHC MLI Select financing. Upper units rent for approx. $3,000/month and basement suites for $1,500/month, offering outstanding cash flow potential. The main floor includes a kitchen, family room, nook, and powder room, while the top floor boasts a primary bedroom with full ensuite, two additional bedrooms, full bathroom, and laundry. The lower-level mother-in-law suite includes a bedroom, full bath, kitchen, and living room with private entrance. Enjoy high-efficiency HVAC systems, a four-car detached garage, and unbeatable proximity to downtown, public transit, Foothills Hospital, Children’s Hospital, the University of Calgary, SAIT, Confederation Park Golf Course, and scenic walking and biking paths. Call Kam Nijjar today for more information on this exceptional investment opportunity in Capitol Hill!
Data was last updated July 11, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
29
Avg list price:
$2,499,000
Min list price:
$899,000
Max list price:
$13,800,000
Avg days on market:
39
Min days on market:
1
Max days on market:
187
Avg price per sq.ft.:
$531.95
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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.