5 Avenue Ne Unit 301

For Sale 71 Days
$2,900,000
beds
baths
7,176 Sqft

5 Avenue Ne Unit 301

For Sale 71 Days
$2,900,000
beds
baths
7,176 Sqft

Highlights

Key insights

Description

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 rateWhether you continue as a short-term rental host or explore other investment strategies, this property checks every box. (id:63267)

Denis B. Hrstic of Comox Realty,
#A2234866
updated 6 days ago.
Houseful checked MLS® for data 6 days ago.

Home overview

Exterior
  • # total stories
    3
  • # parking spaces
    4
Location
  • Subdivision
    Crescent heights
Lot/ Land Details
  • Lot dimensions
    555
Overview
  • Lot size (acres)
    0.13713862
  • Building size
    7176
  • Listing #
    A2234866
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28525776/301-5-avenue-ne-calgary-crescent-heights
  • Listing type identifier
    Idx

Show less

The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
rbc logo
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates

$-7,733

/ Month
25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%

Nearby Homes