301 5 Avenue NE
Crescent Heights
Calgary
T2E 0K9
$3,000,000
Multi-Family
7,176 sq. ft.
built: 2016
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2234866
- Year Built:
- 2016
- Photos (39)
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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.
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Home Style:
- 3 (or more) Storey
- Total Living Area:
- 7,176.3 sq. ft.667 m2
- Main Level Finished Area:
- 2,529.2 sq. ft.235 m2
- Upper Level Finished Area:
- 4,647.1 sq. ft.432 m2
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 2,041.6 sq. ft.190 m2
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 5,974 sq. ft.555 m2
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
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- Acres Waste:
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- Acres Water Rights:
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- Reg. Size:
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- Reg. Size Includes:
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- Stories Total:
- 3
- Levels:
- Three Or More
- Year built:
- 2016 (Age: 9)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 1332N
- Structure Type:
- Four Plex
- Ensuite:
- No
- Garage:
- 0
- Garage Spaces:
- 4
- Parking Places:
- 4
- Parking Total/Covered:
- 4 / -
- Crescent Heights
- Dishwasher, Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
- none
- None Known
- Title to Land:
- Fee Simple
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-CG d72
- Listed Date:
- Jun 26, 2025
- Days on Mkt:
- Signup
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Prime Turnkey Airbnb Investment Opportunity: Fully Furnished, Professionally Managed 4-Plex
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Each unit is 2300 Square Feet Of Livable Space Over 4 Levels
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Fully Furnished and Turn Key
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Each unit is very similar finishing
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Single Garage For Each Unit
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Larger map options:
Listed by Comox Realty
Data was last updated June 27, 2025 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 24
- Avg list price:
- $1,975,000
- Min list price:
- $899,000
- Max list price:
- $12,750,000
- Avg days on market:
- 35
- Min days on market:
- 1
- Max days on market:
- 173
- Avg price per sq.ft.:
- $453.71
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
- AKBAR NIMJI
- RE/MAX REALTY PROFESSIONALS
- (403) 263-4101
- akbar@nimji.com
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
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