1923 26 Avenue SW

South Calgary · Marda Loop · Calgary · Multi-Family · MLS® A2336846

7,168 sq ftbuilt 20256,243 sq ft lot

Request a private showing A request, not a booking — Karen confirms the time with you.

About this property

Fully leased investor opportunity in Marda Loop, generating $226,800 in annual rental revenue with an assumable mli Select mortgage in place. This luxury 8-unit modern multi-family building sits on a 50' x 125' lot and offers 4 above-grade units featuring open-concept layouts, 4 bedrooms, 3.5 bathrooms, and penthouse lofts leading to private rooftop patios — north-facing units enjoy downtown views while south-facing units offer an abundance of sunlight — plus 4 below-grade 1-bedroom, 1-bathroom units in high demand among single professionals and couples. A 4-car garage with roughed-in EV charging stations adds future-ready appeal, while individually metered units with separate gas and electrical meters and dedicated furnaces and panels per unit streamline management and reduce shared expenses. Above-grade units range from 1,752 to 1,834 sq ft, while lower units offer 678 sq ft each, appealing to a diverse tenant base. High-end finishes throughout include designer herringbone flooring, quartz countertops, custom cabinetry, stainless steel appliances, matte black fixtures, two fireplaces (main level and penthouse), oversized kitchen islands, and large windows for plenty of natural light, with rooftop patios offering tenants premium outdoor space and skyline views. Newly installed artificial grass adds low-maintenance curb appeal, minimizing upkeep for ownership. Located steps from downtown, transit, and Marda Loop's vibrant amenities, this fully operational, cash-flowing asset delivers thoughtful design, efficient studio systems, and strong long-term rental demand — a rare, turnkey opportunity to secure a high-income property with financing and revenue already in place. No Sign on the property, and please do not disturb the tenants.

Above grade: 7,168 sq ftas filed on the MLS® record

The $/sq ft on this page uses the above-grade figure only, because that is what the sold record it is compared against uses. Developed area includes the basement and is not comparable to it.

Market context

This record covers a multi-unit project, so the floor area in the feed is the total across every unit. We do not publish a $/sq ft for it — the number would be meaningless.

A cohort median is not a valuation of this home. It says where the asking price sits against comparable sales — it does not price the lot, the finish level or the stage of construction.

The full record

MLS® number: A2336846
Property type: Multi-Family
Building type: Multi-Family
Ownership: Freehold
Floor area: 7,168 sq ft
Year built: 2025
Storeys: 3
Lot area: 6,243 sq ft
$ per sq ft of lot: $640
Zoning: M-CG d75
Basement: Full (Finished)
Basement features: Separate entrance
Foundation: Poured Concrete
Construction: Wood frame
Exterior finish: Composite Siding, Stucco
Cooling: Fully air conditioned
Parking: Garage, Detached Garage · 4 spaces
Legal plan: 4479P
Listed on: 2026-08-13
Days on market: 64

Listing courtesy of The Real Estate District · Paul Singh Bal. Data from the CREA Data Distribution Facility (DDF®), refreshed 2026-10-16 09:37, deemed reliable but not guaranteed. View on REALTOR.ca

Ask Karen about this one

Karen Mangat

RE/MAX House of Real Estate
4034 16 Street SW, Calgary, AB T2T 4H4

403-805-0482 · Email Karen

Rough monthly payment

—per month, principal & interest

Fixed-rate math with semi-annual compounding, the Canadian standard. 4.49% is a starting figure, not a quoted rate — enter the one your lender gives you. Under 20% down, mortgage insurance applies and is not included. Not a quote, not advice.