By the numbers
How this listing measures up
$/sqft
$349
vs Capitol Hill median
+105%
community avg $1899K
Sqft per bedroom
—
Year built
1969
Annual taxes
$26,267
2026
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 $349/sqft
sits in the $300–350 range.
Other active listings
This listing's price range
This listing
About this property
Rarely does an opportunity like this come to market. Proudly offered for sale for the first time by the original owner, this well-maintained 18-unit apartment building is ideally situated on a prominent corner lot in the highly sought-after community of Capitol Hill. Featuring MC-2 zoning, the property offers exceptional long-term redevelopment potential while generating stable income today. The four-storey walk-up consists of 18 upgraded suites, including fourteen one-bedroom, one-bathroom units (approximately 545 sq. ft.) and four two-bedroom, one-bathroom units (approximately 645 sq. ft.). Each suite is individually metered for electricity, providing operational efficiency and reduced landlord expenses. Significant capital improvements include a new torch-on roof completed in 2024, new security doors and intercom system installed in 2022, roughed-in Telus fibre-optiks, and security camera coverage throughout the building, including all floors and entry points. Additional revenue is generated through the on-site coin-operated laundry facilities. Each unit comes with an outdoor parking stall (3 are covered) and exterior plug-in. Ideally located just minutes from SAIT, the Jubilee Auditorium, Alberta University of the Arts, North Hill Centre, LRT, schools, shopping, restaurants, and countless amenities, this property benefits from strong tenant demand and excellent accessibility. Whether you’re seeking a turnkey multi-family investment, a long-term hold in one of Calgary’s most desirable inner-city communities, or a strategic redevelopment opportunity, this exceptional Capitol Hill asset offers the perfect combination of LOCATION, STABILTY and FUTURE UPSIDE.
Property details
| Heating | Boiler,Natural Gas |
| Cooling | None |
| Inclusions | 18 Stoves, 18 Fridges |
| Lot size | 10796.00 sqft |
| Frontage | 89.97 ft |
| Year built | 1969 |
| Construction materials | Brick,Concrete |
| Roof | Flat Torch Membrane |
| Foundation | Poured Concrete |
| Annual taxes | $26,267 |
| Tax year | 2026 |
| Possession | Negotiable |
| Zoning | M-C2 |
| Restrictions | None Known |
| Neighbourhood | Capitol Hill |
| List AOR | Calgary |
Location
Sold comparables in Capitol Hill
38 recent sales in Capitol Hill
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Sign up to see sold dataAbout Capitol Hill
AI-generated summaryCapitol 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.
This neighbourhood summary was generated by AI for general orientation only. Verify details with the City of Calgary and your REALTOR® before making decisions.







