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1 1202 2 Street NE in Calgary: Crescent Heights 4 plex for sale : MLS®# A2311476

1 1202 2 Street NE Calgary T2E 8A6 : Crescent Heights

$1,499,000
Prop. Type:
Multi-Family
MLS® Num:
A2311476
Status:
Active
Year Built:
1978
Exceptional investment opportunity in the highly sought-after community of Crescent Heights! This exceptionally well-maintained 4-plex offers a rare layout more comparable to a boutique apartment building than a traditional fourplex. All 4 completely self-contained units features 3 bedrooms + den, generous living areas, functional layouts, and strong tenant appeal, offering privacy and independence for residents. Adding to the investment appeal, tenants are responsible for their own utilities, and the owner does not pay utilities for the common areas, helping to minimize operating expenses. Pride of ownership is evident throughout, with meticulous upkeep and maintenance over the years. Ideally located just minutes to downtown, transit, parks, schools, shopping, and vibrant local amenities, this is a prime opportunity for investors seeking a premium multi-family asset in an unbeatable inner-city location. The current rents are as follows: Unit A is $1,500 and units B, C, and D are $1,650 per month each + tenants pay utilities.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Possession Date:
Total Living Area:
Switch units of measure5,088.5 sq. ft.
Lower Level Finished Area:
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Above Grade Finished Area:
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Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
Switch units of measure5,974 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
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Acres Not Cultivated:
Acres Freehold:
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Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
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Reg. Size Includes:
Year built:
1978 (Age: 48)
Bathrooms:
- (Full:-, Half:-)
Plan:
8711093
Structure Type:
Four Plex
Ensuite:
No
Utilities:
Natural Gas Paid, Electricity Paid For, Heating Paid For, Water Paid For
Garage:
No
Parking:
Alley Access, On Street, Paved
Parking Places:
4
Parking Total/Covered:
4 / -
Laundry Features:
In Unit
Northeast
Crescent Heights
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer
Shed
None Known
Title to Land:
Fee Simple
Community Features:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Patio And Porch Features:
Balcony(s), Patio
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d72
Listed Date:
May 14, 2026
Days on Mkt:
Listed by CIR Realty
Data was last updated June 24, 2026 at 12:05 AM (UTC)
JOHN MALICK
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.