623 68 Avenue SW
Calgary, AB, T2V 0N1
$1,100,000
Open house 1 pm-3 pm Sunday Nov 09, 2025. Build your generational wealth with an entry into multifamily ownership. For the price of a house or half-duplex, own an upgraded M-C1-zoned fourplex in highly sought-after Kingsland—turnkey and perfectly located. Steps from Chinook Centre, parks, and major transit routes, the property was rebuilt in 2019 from the concrete frame out. Each spacious 938-sq-ft, 2-bedroom unit features modern finishes, granite countertops, new appliances, energy-efficient windows, in-suite laundry, private entrances, separate meters, and storage. Lower units offer walkout access to the backyard, both lower units installed new vinyl floor after water damage in summer. Tenants enjoy ample parking. Due to their high returns, 4plexes rarely come up for sale. Rental income for 2024 was $63,220 after discounts for long-term tenants, with potential to optimize to $84,000 ($1,850 upper, $1,650 lower) plus future increases. Because housing is essential, multifamily rentals provide one of the most recession-resistant income streams—offering stability that jobs and most businesses can''t. Live in 1 unit and rent the other 3, or rent all 4 to maximize income. Rental income counts toward mortgage qualification, making it easier to secure financing. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. The current owner retired several years ago and is moving on to large projects—creating a rare opportunity to acquire a proven, low-maintenance, income-generating asset with no vacancy or insurance-claim history. City-assessed at $1,290,000. Call today to secure this exceptional investment property.
Current real estate data for Single Family in Calgary as of Nov 05, 2025
3,906
Single Family Listed
49
Avg DOM
473
Avg $ / SqFt
$826,405
Avg List Price
Property Details
Price:
$1,100,000
MLS #:
A2269015
Status:
Active
Beds:
8
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Kingsland
Listed Date:
Nov 5, 2025
Finished Sq Ft:
1,864
Lot Size:
6,092 sqft / 0.14 acres (approx)
Year Built:
1960
Schools
Interior
Appliances
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
Basement
None
Bathrooms Full
4
Laundry Features
In Unit
Exterior
Exterior Features
Storage
Lot Features
Back Yard
Parking Features
Additional Parking, Converted Garage
Parking Total
4
Patio And Porch Features
None
Roof
Asphalt Shingle
Financial
Map
Contact Us
Mortgage Calculator
Community
- Address623 68 Avenue SW Calgary AB
- SubdivisionKingsland
- CityCalgary
- CountyCalgary
- Zip CodeT2V 0N1
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Property Summary
- Located in the Kingsland subdivision, 623 68 Avenue SW Calgary AB is a Single Family for sale in Calgary, AB, T2V 0N1. It is listed for $1,100,000 and features 8 beds, 4 baths, and has approximately 1,864 square feet of living space, and was originally constructed in 1960. The current price per square foot is $590. The average price per square foot for Single Family listings in Calgary is $473. The average listing price for Single Family in Calgary is $826,405. To schedule a showing of MLS#a2269015 at 623 68 Avenue SW in Calgary, AB, contact your ReMax Mountain View – Rob Johnstone agent at 403-730-2330.
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623 68 Avenue SW
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