2550 19 Avenue SW

About this home

An extraordinary turn-key multi-family 4Plex in Richmond Inner City Calgary. Featuring 8 distinct, revenue-generating units under a single title. 4 upper townhomes plus 4 legal basement suites for excellent rental income. Built for capital efficiency, this project is structured to potentially qualify for CMHC MLI Select financing, which can offer up to 95% Loan-to-Cost (as little as 5% down) and amortizations up to 50 years for eligible applicants. As a purpose-built multi-unit residential development with 4+ units, it may also qualify for the enhanced Federal GST Rental Housing Rebate — Additionally, as a purpose-built completely eliminating the 5% federal tax liability on completion under self-supply rules and putting tens of thousands back into the owner's capital account. Each of the 4 upper two-storey townhomes offers 1,317 sq. ft. of space with a main-floor open living/dining area, gourmet kitchen with island, half bath, and an upper level containing 3 bedrooms, 2 full baths (including primary en-suite), and laundry. The 4 lower legal suites each span 507 sq. ft. with a private entry, full kitchen, 1 bedroom, 4-piece bath, separate mechanicals, and in-suite laundry. A massive 1,012 sq. ft. 4-bay detached garage provides significant additional parking as well as rental income for tenant parking!Built to commercial-grade standards, the building features full interior fire sprinklers, separated electrical meters for direct tenant utility billing, and soundproofed party-wall assemblies. The main floor and basement ceilings come complete with 10' high ceilings and modern luxury finishes.An incredible location located in the heart of Richmond South West Calgary with easy access to downtown, Marda Loop, shopping and more!Contact today for floor plans, rental projections, and CMHC/GST financing details! (id:67720)

Home details

Property type

Multi-family

Living area

5,268 sq. ft.

Building type

Multi-Family

Year built

2026

Storeys

2

Basement

Finished, Full

Heating

Forced air, Natural gas

Cooling

Central air conditioning

Appliances included

Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan

Parking spaces

10

Exterior

Poured concrete

Lot dimensions

581.00

Zoning

M-C1

Title

Freehold

Lot size

581 square meters

Property taxes

$6,234 (2026)

MLS® number

A2343660

MLS® A2343660 · Listed by Century 21 Bravo Realty · Information updated Oct 31, 2:02 a.m.

Location

Living in Richmond

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