2550 19 Avenue SW

Richmond · Knob Hill · Calgary · Multi-Family · MLS® A2343660

5,268 sq ftbuilt 20266,254 sq ft lot

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About this property

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!

Above grade: 5,268 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 We do not publish a $/sq ft for it — the number would be meaningless.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: A2343660
Property type: Multi-Family
Building type: Multi-Family
Ownership: Freehold
Floor area: 5,268 sq ft
Year built: 2026
Storeys: 2
Lot area: 6,254 sq ft
$ per sq ft of lot: $536
Zoning: M-C1
Basement: Full (Finished)
Foundation: Poured Concrete
Construction: Poured concrete
Exterior finish: Concrete, Stucco
Heating: Forced air · Natural gas
Cooling: Central air conditioning
Parking: · 10 spaces
Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Hood Fan
Legal plan: 5661O
Listed on: 2026-09-08
Days on market: 38

Listing courtesy of Century 21 Bravo Realty · Ali Jeha. 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.