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Home Communities Banff Trail 2015 28 Avenue NW
$3,150,000 Active
2015 28 Avenue NW · Calgary · T2M 2L5
bd ba 7,776 sqft $405/sqft Built 2026
MLS® A2292323 · Listed Mar 11, 2026
Listed by Real Broker — Justin Warthe, Michelle Fournier
By the numbers

How this listing measures up

$/sqft $405
vs Banff Trail median +180% community avg $1124K
Sqft per bedroom
Year built 2026
Annual taxes $4,443 2025
Banff Trail avg DOM 52d
$/sqft distribution

Where this listing sits in Banff Trail

Of 26 active residential listings in Banff Trail, this property at $405/sqft sits in the $400–450 range.
$300–$350/sqft · 1 listing $350–$400/sqft · 0 listings $400–$450/sqft · 1 listing $450–$500/sqft · 1 listing $500–$550/sqft · 1 listing $550–$600/sqft · 8 listings $600–$650/sqft · 2 listings $650–$700/sqft · 1 listing $700–$750/sqft · 1 listing $750–$800/sqft · 3 listings $800–$850/sqft · 1 listing $850–$900/sqft · 2 listings $900–$950/sqft · 3 listings $950–$1000/sqft · 1 listing $300 $400 $500 $600 $700 $800 $900 $1000 This · $405
Other active listings This listing's price range This listing

About this property

Pre-Construction 4-Plex Investment Opportunity in Banff Trail | Eligible for CMHC MLI Select Financing Exceptional pre-construction multi-family investment opportunity in Banff Trail, one of Calgary’s most desirable inner-city communities, designed specifically for investors seeking strong rental demand, long-term appreciation, and potential qualification under the CMHC MLI Select Program. This purpose-built 4-plex with legal basement suites offers the potential for 8 income-generating rental units, making it an ideal asset for investors targeting multi-family cash flow in Calgary’s inner city. The thoughtfully designed layout includes four spacious upper residences paired with four legal secondary suites, maximizing rental density while maintaining a high-quality living environment that attracts stable, long-term tenants. Each upper residence is planned with attached garages, a highly sought-after feature in Calgary’s inner-city rental market that significantly increases tenant appeal, security, and year-round convenience. Interiors will feature timeless designer finishes, neutral palettes, and durable materials, ensuring broad tenant appeal while minimizing long-term maintenance costs and supporting strong occupancy. From a financing perspective, the project presents a compelling opportunity for investors looking to structure acquisitions under the CMHC MLI Select Program, which can provide high-leverage financing, extended amortization periods, and attractive interest rates for purpose-built rental housing. The inclusion of multiple rental units and legal suites aligns well with the program’s objectives of increasing rental supply while supporting long-term housing stability. The Banff Trail location further enhances the property’s investment fundamentals. Positioned just 1.5 blocks from Canmore Park and Confederation Park, residents benefit from immediate access to Calgary’s premier green spaces, pathway systems, and year-round outdoor recreation. This lifestyle appeal consistently drives strong rental demand in the area. Transit accessibility is another key advantage. Nearby LRT stations provide direct connections to downtown Calgary, making commuting simple for professionals and students alike. The property also sits within walking distance of multiple schools and is approximately 20 minutes on foot to the University of Calgary, positioning the asset perfectly to capture demand from students, faculty, healthcare workers, and young professionals. Banff Trail continues to see significant inner-city redevelopment and infill growth, reinforcing its reputation as a prime Calgary multi-family investment corridor. The combination of proximity to downtown, transit, parks, and major institutions creates a durable rental market with strong long-term fundamentals. With pre-construction pricing, investors have the opportunity to secure a high-density income property in Calgary’s inner city before completion, benefiting from potential appreciation during constructi

Property details

HeatingForced Air,Natural Gas
InclusionsRefrigerator x 8, Washer x 8, Dryer x 8, Electric Stove with Oven x 8, Dishwasher x 8, Hood Fan x 8, Garage Opener x 4, Garage Door Controls x 4
Lot size6006.00 sqft
Frontage50.04 ft
Lot featuresBack Lane
Year built2026
RoofAsphalt Shingle
FoundationPoured Concrete
Annual taxes$4,443
Tax year2025
PossessionNegotiable
ZoningR-CG
TitleFee Simple
RestrictionsNone Known
NeighbourhoodBanff Trail
List AORCalgary

Location

Sold comparables in Banff Trail

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About Banff Trail

AI-generated summary

A quiet, established inner-city community with a friendly, neighbourhood feel and easy access to the energy of nearby University District and Crowchild Trail. Tree-lined streets and well-kept homes give Banff Trail a calm, residential character.

Banff Trail CTrain Station provides a direct link to downtown Calgary
McMahon Stadium, home of the Calgary Stampeders, is steps away
The community is bounded by Crowchild Trail, making commuting by car straightforward
Housing
Predominantly post-war bungalows and infill developments, including duplexes and semi-detached homes, appealing to both families and investors.
Transit
Well-served by CTrain via the Banff Trail Station on the Red Line, with multiple bus routes and reasonable walkability to shops and services along Crowchild Trail.
Amenities
Close to Market Mall, the University of Calgary, McMahon Stadium, and a variety of shops and restaurants along 16th Avenue NW and in the nearby University District.
Who lives here
A mix of long-time homeowners, young families, and students or academics connected to the University of Calgary.
Full Banff Trail community profile →

This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.

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Listed by: Real Broker — Justin Warthe, Michelle Fournier.