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Home Communities Capitol Hill 1224 20 Avenue NW
$4,250,000 Active
1224 20 Avenue NW · Calgary · T2N 2K4
bd ba 9,356 sqft $454/sqft Built 2025
MLS® A2300913 · Listed Apr 10, 2026
Listed by The Real Estate District — Adil Thobani
By the numbers

How this listing measures up

$/sqft $454
vs Capitol Hill median +124% community avg $1899K
Sqft per bedroom
Year built 2025
Annual taxes $4,718 2025
Capitol Hill avg DOM 24d
$/sqft distribution

Where this listing sits in Capitol Hill

Of 19 active residential listings in Capitol Hill, this property at $454/sqft sits in the $450–500 range.
$250–$300/sqft · 1 listing $300–$350/sqft · 0 listings $350–$400/sqft · 0 listings $400–$450/sqft · 2 listings $450–$500/sqft · 3 listings $500–$550/sqft · 2 listings $550–$600/sqft · 1 listing $600–$650/sqft · 3 listings $650–$700/sqft · 2 listings $700–$750/sqft · 2 listings $750–$800/sqft · 0 listings $800–$850/sqft · 1 listing $850–$900/sqft · 0 listings $900–$950/sqft · 1 listing $950–$1000/sqft · 0 listings $1000–$1050/sqft · 0 listings $1050–$1100/sqft · 1 listing $250 $350 $450 $550 $650 $750 $850 $950 $1050 $1100 This · $454
Other active listings This listing's price range This listing

About this property

Premium 10-Unit Multifamily Investment – Fully Rented | Assumable Mortgage | Inner-City Capitol Hill Exceptional opportunity to acquire a 10-unit purpose-built multifamily property in the highly sought-after inner-city community of Capitol Hill. This quality-built asset showcases high-end finishings throughout and was constructed by a reputable builder, offering long-term durability and strong tenant appeal. The property features 5 upper units and 5 fully legal suites below, all fully rented with zero vacancy, providing immediate income from day one. The upper units are thoughtfully designed as 3-storey layouts, each offering 3 bedrooms, 2.5 bathrooms, open-concept living spaces, private primary retreats, and private patios. All upper units are equipped with central air conditioning, further enhancing tenant comfort and desirability. Each of the 10 units includes in-suite laundry, providing convenience and independence for tenants. The property also benefits from an assumable mortgage with CMHC MLI Select financing already in place, offering favorable financing options for qualified buyers. Additional highlights include 5 rear parking stalls, professional landscaping, and a fully turnkey operation with professional property management in place, making this an ideal low-maintenance investment. Ideally located with quick access to downtown, and close to amenities, shopping, transit, and excellent schools, this property is well-positioned for long-term rental demand.

Property details

InclusionsN/A
Lot size5995.00 sqft
Year built2025
Parking total5
Annual taxes$4,718
Tax year2025
PossessionNegotiable
ZoningH-GO
RestrictionsNone Known
NeighbourhoodCapitol Hill
List AORCalgary

Location

Sold comparables in Capitol Hill

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About Capitol Hill

AI-generated summary

Capitol Hill is a well-established inner-city neighbourhood with a relaxed, community-oriented feel, blending mature tree-lined streets with a growing number of contemporary infills.

Located just minutes north of downtown Calgary
Home to Capitol Hill Community Association with active local programming
Confederation Park and its golf course are a short walk away
Housing
The area features a mix of original post-war bungalows, character homes, and modern semi-detached infills, offering options across a range of price points.
Transit
Capitol Hill is well-served by Calgary Transit bus routes and is within cycling distance of the downtown core, with reasonable walkability for daily errands.
Amenities
Residents enjoy easy access to shops and restaurants along 16th Avenue NW and 19th Street NW, with North Hill Centre, SAIT, and the University of Calgary all nearby.
Who lives here
The neighbourhood attracts a diverse mix of long-time homeowners, young professionals, and students drawn to its central location and relatively accessible price points.
Full Capitol Hill 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: The Real Estate District — Adil Thobani.