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This legal 4-Plex is your ticket to cash flow and long-term equity in one of Calgary’s most desirable inner-city neighborhoods, Crescent Heights. With over 4,000 sqft of total living space, this fully rented, impeccably maintained property is packed with features that make it a dream addition to any portfolio. The upper floor offers 2,407 sqft of bright, open-concept living with two spacious 2-bedroom suites. Each suite includes a modern kitchen, generous dining areas, 2 full bathrooms, exclusive use washer/dryer, and two balconies—one off the primary bedroom and one from the living room—bringing that perfect blend of indoor/outdoor living. Downstairs, the 1,676 sqft lower level has two beautifully finished 1-bedroom suites with, exclusive washer/dryer and direct access to a private patio area, creating even more appeal for tenants. Parking is no issue here, with two double attached garages* plus five extra stalls—an absolute rarity this close to downtown. *The garage for 1419 has a single door and has been converted to an office w 3 piece bathroom, laundry room, epoxy floors and boiler room. The garage for 1421 has been converted to a gym/weight room with epoxy floors, 3 piece bathroom and laundry area. Many extras are included in the sale, hot tub, weight room / gym equipment, most furniture in the suites (with some exclusions). Located just minutes from downtown, the vibrant Kensington district, 16th Avenue, top restaurants, shopping, and major transit routes, this property offers unbeatable convenience and lifestyle appeal. This is the kind of investment opportunity that checks all the boxes—turnkey, low maintenance, and in a location that continues to grow in value. Don’t wait—book your private showing today before it’s gone!
Current real estate data for Multi Family in Calgary as of Jul 26, 2025
28
Multi Family Listed
59
Avg DOM
607
Avg $ / SqFt
$3,120,057
Avg List Price

Property Details

Price:
$1,595,000
MLS #:
A2222696
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Crescent Heights
Listed Date:
May 20, 2025
Finished Sq Ft:
4,084
Lot Size:
5,663 sqft / 0.13 acres (approx)
Year Built:
1984
Crescent Heights

Schools

Interior

Appliances
See Remarks
Laundry Features
In Unit, Multiple Locations

Exterior

Lot Size Dimensions
50′ x 112
Parking Features
Concrete Driveway, Quad or More Attached
Parking Total
7
Patio And Porch Features
Balcony(s), Patio
Roof
Asphalt Shingle

Financial

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Subdivisions in Calgary

Property Summary

    Located in the Crescent Heights subdivision, 1421 & 1419 1 Street NW Calgary AB is a Multi Family for sale in Calgary, AB, T2M 2S7. It is listed for $1,595,000 To schedule a showing of MLS#a2222696 at 1421 & 1419 1 Street NW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.

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