ROYAL LEPAGE MISSION REAL ESTATE

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  2. 301 5 Avenue NE - MLS® #A2234866

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Data was last updated 2025-09-19 at 01:30:14 AM (MDT)

301 5 Avenue NE - MLS® # A2234866

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Property Details


List Price
2900000
Living Area
7,176 sqft.
Bedrooms
N/A
Bathrooms
N/A
Lot Size Area
5974 sq.ft.
Taxes
N/A
Type
4 plex
Style
3 (or more) Storey
Basement
Year Built
2016

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 rate Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box.

Listing Provided By

Comox Realty

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CREB The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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  • Rod Vermunt 
  • 403-667-0000 
  • 403-667-0000 
  • rodvermunt@gmail.com 
  • ROYAL LEPAGE MISSION REAL ESTATE
  • 101A - 3740A 11A Street NE
  • Calgary, AB
  • T2E 6N6

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101A - 3740A 11A Street NE, Calgary, Alberta, T2E 6N6

rodvermunt@gmail.com | 403.667.0000
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