2316 16 Street SW, Bankview, Calgary

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Last listed at $950,000
Sold
The sale price and sold-to-list ratio for this home are members-only under Alberta VOW rules.
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2316 16 Street SW, Calgary T2T 4E7
Bankview
SoldMLS® A2244497· 78 days on market
—
Bedrooms
—
Bathrooms
2,342
Sq ft
1955
Year built
$7,264
Property tax (2024)
4,951
Lot sq ft
CalgaryListings Insight
This home at 2316 16 Street SW, built in 1955. It is located in the community of Bankview and offers 2,342 sq ft of living space above grade. Notable features include laminate flooring. Before writing, ask how this property compares with nearby active and recently sold options. If rental income is part of the plan, verify suite legality, permits, insurance, lender treatment, and current lease details before removing conditions. This sale can help you understand current pricing in the area. Ask us how it compares with nearby active and recently sold homes. MLS® A2244497.

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This property sold in Bankview. Find out what your home could be worth in today’s market — no obligation.

Get Your Free Home ValuationBrowse Active ListingsCalgary Listings Group · eXp Realty

About this property

Discover a prime investment with this luxury fourplex—fully upgraded, centrally located, and perfectly situated in Bankview—offering unbeatable rental appeal just steps from downtown, transit, parks, and vibrant 17th Avenue. Overlooking the scenic Bankview Community Garden, it provides a serene setting for tenants. Renovated in 2016, it features energy-efficient windows, a new roof, modern appliances, and a state-of-the-art glycol heating system that reduces heating costs by 60%. Each of the four spacious 1-bedroom units (2,343 square feet total) has in-suite laundry, storage, and private entrances, while the lower units enjoy walk-out access. A 148-square-foot utility room adds extra functionality, and ample parking ensures convenience. With market rents generating $67,200 annually ($1,500 upper, $1,300 lower) and room for future increases, this property delivers immediate positive cash flow and strong long-term appreciation. Let tenants pay your mortgage while you build wealth and secure your future. The astute investor can achieve semi or even full retirement upon purchase. Opportunities like this are rare—act now!
Property Taxes
$7,264/yr (2024)

Listing Information

MLS® NumberA2244497
StatusSold
List Price$950, 000
Days on Market78 days

Property Details

Property Type4 plex
Architectural StyleOther
ZoningM-CG
Above-Grade Sq Ft2, 342 sq ft
Year Built1955

Interior

FlooringLaminate

Exterior & Parking

ExteriorComposite Siding
RoofAsphalt Shingle
FoundationPoured Concrete
Total Parking4

Site & Lot

Lot Size4, 951 sq ft
Lot Acres0.11 acres
Legal Description5228AF;3;5, 6

Inclusions

Dishwasher,Dryer,Electric Stove,Refrigerator,Washer

Property History

No previous MLS® listings on record for this property — this appears to be its first time offered. Want to know how often homes nearby change hands? Ask our team.

Schools near this home

  • Mount Royal SchoolPublic (CBE) · Junior High · 533 m · about 3 mins by carSchool website
  • Connaught SchoolPublic (CBE) · Elementary · 1.3 km · about 5 mins by carSchool website
  • Western Canada High SchoolPublic (CBE) · Senior High · 1.7 km · about 8 mins by carSchool website
  • Clear Water AcademyPrivate / Independent · Elementary/Junior High/Senior High · 2.2 km · about 9 mins by carSchool website
  • Rundle CollegePrivate / Independent · about 13 mins by carSchool website
  • Mount Royal UniversityPost-Secondary · about 7 mins by carSchool website

Distances and drive times are measured from the centre of Bankview, not from this address. Designation depends on address, grade, program and capacity and changes from year to year — check the CBE or Calgary Catholic finder before you buy.

Commute from Bankview

DestinationBy carBy transit
Downtown Calgary12 mins21 mins
University of Calgary9 mins29 mins
Foothills Medical Centre8 mins30 mins
Mount Royal University7 mins27 mins
Calgary International Airport24 mins1 hour 5 mins
Westside Recreation Centre13 mins34 mins

Off-peak estimates measured from the centre of Bankview, not from this address. Live traffic varies.

Who lives in Bankview

  • 5,125Population
  • 1.6Average household size
  • 28%Owner-occupied households
  • $58KMedian household income
  • 9%Residents aged 0–14

2021 Census of Canada, via the City of Calgary community profile — long-term neighbourhood context, not current market activity. Full Bankview census profile →

Live MLS® Data · Calgary Listings Group · Serving Calgary Since 1997

Recently sold in Bankview

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Enlarged listing photo

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