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OPEN HOUSE: Sunday November 09 2025,
01:00 PM - 03:00 PM


A2269015 - 623 68 Avenue SW, Calgary, Alberta T2V 0N1




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Open house 1 pm-3 pm Sunday Nov 09, 2025. 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, both lower units installed new vinyl floor after water damage in summer. 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.

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ESSENTIAL
MLS®:A2269015
Price:1,100,000.00
Type:Residential
Sub Type:Detached
Style:2 Storey
Lot Size:6,092 sq. ft.
Levels:Two
Total Sqft:1864.2 Sqft.
RestrictionsNone Known
INTERIOR SNAPSHOT   
Baths Full:4
Baths Total:4
Bedrooms:8
Rooms Above:8
Flooring:Laminate
Heating:Forced Air, Natural Gas
Basement:None
Suite:No


COMMUNITY DETAILS
Address:623 68 Avenue SW, Calgary, Alberta T2V 0N1
City:Calgary
Subdivision:Kingsland
County:Calgary
Province:Alberta
Postal Code:T2V 0N1
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1960
Structure Type:House
Foundation:Poured Concrete
Frontage:20.00M 65`7"
Roof:Asphalt Shingle
Zoning:M-C1
Construction:Wood Frame
Parking Total:4
ROOM DIMENSIONS


Community Features: Shopping Nearby
Inclusions: no
Lot Features: Back Yard
Parking Features: Additional Parking, Converted Garage
Patio And Porch Features: None



Courtesy: Datong Property Management Ltd.


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We would highly recommend Big John and his team. Selling a property can be highly stressful. They alleviated much of that stress by keeping us informed throughout the whole process. Their professional advice was invaluable. We truly appreciated all of the team and thank them for their service
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We had a great experience years ago when Big John was our realtor of choice. Some things have changed but, Big John was every bit as professional now as years ago, Thanks to technology, the photos, video and brochures were absolutely great! When we saw our home on the website, we wanted to buy it. The showing process was also excellent. Easy to approve a showing and easy for us to make arrangements. Hopefully, we won't need Big John's services any time soon but, we will definitely recommend him and his team to anyone that should ask. Thank you for making the experience a positive one. Best regards Jim and Leslie G.
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Highest Price: $3,199,000.00
Lowest Priced: $240,000.00
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FAQs about 623 68 Avenue SW, Calgary,
Alberta, T2V 0N1

623 68 Avenue SW MLS® A2269015 has an approximate size of 1,864 Sq. Ft. located in Kingsland.

Nearby schools include read Schools & resources

There are 8 bedrooms and 4 bathrooms in this Residential listing at 623 68 Avenue SW, MLS® A2269015.

This Residential listings is priced at $1,100,000.

This property is located at 623 68 Avenue SW, Calgary, Alberta, T2V 0N1 in the Kingsland community on the market for 0 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Kingsland community resources page.