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Home Communities Crescent Heights 1-1202 2 Street NE
$1,499,000 Active
1-1202 2 Street NE · Calgary · T2E 8A6
bd ba 5,089 sqft $295/sqft Built 1978
MLS® A2311476 · Listed May 14, 2026
Listed by CIR Realty — Melissa Seifert, Bernie Seifert
By the numbers

How this listing measures up

$/sqft $295
vs Crescent Heights median +205% community avg $491K
Sqft per bedroom
Year built 1978
Annual taxes $1,733 2025
Crescent Heights avg DOM 30d
$/sqft distribution

Where this listing sits in Crescent Heights

Of 43 active residential listings in Crescent Heights, this property at $295/sqft sits in the $250–300 range.
$200–$250/sqft · 4 listings $250–$300/sqft · 3 listings $300–$350/sqft · 7 listings $350–$400/sqft · 6 listings $400–$450/sqft · 5 listings $450–$500/sqft · 3 listings $500–$550/sqft · 2 listings $550–$600/sqft · 3 listings $600–$650/sqft · 5 listings $650–$700/sqft · 1 listing $700–$750/sqft · 0 listings $750–$800/sqft · 1 listing $800–$850/sqft · 1 listing $850–$900/sqft · 0 listings $900–$950/sqft · 0 listings $950–$1000/sqft · 0 listings $1000–$1050/sqft · 0 listings $1050–$1100/sqft · 1 listing $1100–$1150/sqft · 0 listings $1150–$1200/sqft · 0 listings $1200–$1250/sqft · 0 listings $1250–$1300/sqft · 0 listings $1300–$1350/sqft · 0 listings $1350–$1400/sqft · 1 listing $200 $300 $400 $500 $600 $700 $800 $900 $1000 $1100 $1200 $1300 $1400 This · $295
Other active listings This listing's price range This listing

About this property

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 details

AppliancesDishwasher,Dryer,Microwave,Oven,Refrigerator,Washer
InclusionsShed
LaundryIn Unit
Lot size5974.00 sqft
FencingPartial
PatioBalcony(s),Patio
Year built1978
Parking featuresAlley Access,On Street,Paved
Parking total4
Annual taxes$1,733
Tax year2025
Possession60 Days / Neg
ZoningM-CG d72
TitleFee Simple
RestrictionsNone Known
NeighbourhoodCrescent Heights
Community featuresSchools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths
List AORCalgary

Location

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About Crescent Heights

AI-generated summary

A mature, established inner-city neighbourhood perched on the north hill with sweeping downtown skyline views and a relaxed, walkable character. Tree-lined streets and a strong community association give it a tight-knit, village-like feel.

One of Calgary's oldest established communities, with roots dating back to the early 1900s
Offers some of the best unobstructed views of the Calgary downtown skyline
Active community association with year-round programming and a well-used community centre
Housing
Predominantly character homes including craftsman bungalows and two-storey infills, with a growing number of modern duplexes and low-rise condos mixed throughout.
Transit
Well-served by Calgary Transit bus routes with easy access to Centre Street and 4th Street NW, and a short commute to downtown by bike via dedicated pathways.
Amenities
Residents enjoy the shops and restaurants along 4th Street NW and 16th Avenue, with close proximity to Rotary Park, the Bow River pathway system, and the North Hill Centre.
Who lives here
A diverse mix of long-time homeowners, young professionals, and families who value proximity to downtown without sacrificing a quieter residential atmosphere.
Full Crescent Heights 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: CIR Realty — Melissa Seifert, Bernie Seifert.