Calgary, AB T2V 0N1,623 68 AVE SW
See all 46 photos
Calgary, AB T2V 0N1,623 68 AVE SW
Calgary, AB T2V 0N1,623 68 AVE SW
Calgary, AB T2V 0N1,623 68 AVE SW
Calgary, AB T2V 0N1,623 68 AVE SW

$956,000

Est. payment /mo

$990,000

3.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

623 68 AVE SW Calgary, AB T2V 0N1

8 Beds

4 Baths

1,864 SqFt

SOLD DATE : 12/07/2025

Key Details

Sold Price $956,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 1,864 sqft

Price per Sqft $512

Subdivision Kingsland

MLS® Listing ID A2269015

Sold Date 12/07/25

Style Bungalow

Bedrooms 8

Full Baths 4

Year Built 1960

Annual Tax Amount $7,972

Tax Year 2025

Lot Size 6,092 Sqft

Acres 0.14

Property Sub-Type Detached

Source Calgary

Property Description

All offer will be presented 9pm Sunday Dec 7. Build your generational wealth with an entry into multifamily ownership. For the price of a house or half-duplex, own an upgraded M-C1-zoned fourplex in highly sought-after Kingsland—turnkey and perfectly located. Steps from Chinook Centre, parks, and major transit routes, the property was rebuilt in 2019 from the concrete frame out. Each spacious 938-sq-ft, 2-bedroom unit features modern finishes, granite countertops, new appliances, energy-efficient windows, in-suite laundry, private entrances, separate meters, and storage. Lower units offer walkout access to the backyard, and tenants enjoy ample parking. Due to their high returns, 4plexes rarely come up for sale. Rental income for 2024 was $63,220 after discounts for long-term tenants, with potential to optimize to $84,000 ($1,850 upper, $1,650 lower) plus future increases. Because housing is essential, multifamily rentals provide one of the most recession-resistant income streams—offering stability that jobs and most businesses can't. Live in 1 unit and rent the other 3, or rent all 4 to maximize income. Rental income counts toward mortgage qualification, making it easier to secure financing. 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. The current owner retired several years ago and is moving on to large projects—creating a rare opportunity to acquire a proven, low-maintenance, income-generating asset with no vacancy or insurance-claim history. City-assessed at $1,290,000. Call today to secure this exceptional investment property.

Location

State AB

County Calgary

Area Cal Zone S

Zoning M-C1

Direction N

Rooms

Basement None

Interior

Interior Features No Animal Home

Heating Forced Air, Natural Gas

Cooling None

Flooring Laminate

Appliance Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Laundry In Unit

Exterior

Parking Features Additional Parking, Converted Garage

Garage Spaces 2.0

Garage Description Additional Parking, Converted Garage

Fence Fenced

Community Features Shopping Nearby

Roof Type Asphalt Shingle

Porch None

Lot Frontage 49.97

Exposure N

Total Parking Spaces 4

Building

Lot Description Back Yard

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Wood Frame

Others

Restrictions None Known

Tax ID 101181156

Ownership Private

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Datong Property Management Ltd.
Donna Delaney

Donna Delaney

+1(403) 919-1146

GET MORE INFORMATION

Name
Phone*
Message

Free Account Required

  • Instant access to listing photos & details
  • Save listings and searches
  • Access details for this property