423 3 Avenue NE

Crescent Heights · Calgary · Multi-Family · MLS® A2348121

8,000 sq ftbuilt 19795,985 sq ft lot

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About this property

Sixteen Juliet doors and balconies flood the building with natural light, creating a bright, inviting atmosphere throughout. This well-maintained four-storey concrete walk-up features 10 above-grade suites with a highly desirable unit mix: six one-bedrooms, two two-bedrooms, and two three-bedroom apartments. Two three-bedroom apartments offer a four-piece main bath and a two-piece ensuite. All suites include private balconies. The first 4 units are 72 feet deep!!Residents appreciate 10 energized, assigned parking stalls and 10 secure storage lockers. Recent upgrades—including refreshed hallway flooring and steel doors and frames—improve durability and presentation, while the concrete construction delivers excellent long-term performance and sound attenuation.Ideally positioned near a full range of amenities, this property delivers strong tenant appeal, stable occupancy, and reliable long-term investment value.

Above grade: 8,000 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 We do not publish a $/sq ft for it — the number would be meaningless.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: A2348121
Property type: Multi-Family
Building type: Multi-Family
Ownership: Freehold
Floor area: 8,000 sq ft
Year built: 1979
Lot area: 5,985 sq ft
Frontage: 50.0 ft
Depth: 125.0 ft
$ per sq ft of lot: $418
Zoning: M-C2
Foundation: Piled, Poured Concrete
Construction: Poured concrete
Exterior finish: Concrete
Heating: Natural gas
Parking: · 10 spaces
Legal plan: 1332N
Listed on: 2026-09-25
Days on market: 21

Listing courtesy of RE/MAX Complete Realty · Scott Armstrong. 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.