301 5 Avenue Ne, Calgary, Alberta

$3,000,000

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7,176

Square feet

0.14

Acres

About 301 5 Avenue Ne

Turnkey Investment Opportunity – Fully Furnished and Professionally Managed Airbnb 4-Plex in Prime Inner-City Location. Welcome to an exceptional revenue-generating 4-plex in the highly sought-after community of Crescent Heights—just minutes from downtown Calgary. This rare offering features four fully furnished, professionally managed townhouse units, each operating as a successful short-term rental. For the savvy investor, this is a rare opportunity to secure a professionally managed, income-generating asset in a prime location; offering strong cash flow and long-term value. Each spacious unit includes: 2300 Square Feet Of Livable Space Over 4 Levels | 4 Large Bedrooms, 4.5 Bathrooms | Large West Facing Patio | Spacious Bonus Room With Cozy Fireplace | Fully Finished Basement With Wet Bar And Single Detached Garage | Stylish, move-in-ready modern interiors curated for comfort and durability | The property delivers an impressive cap rate of 6.05%, supported by consistent short-term rental performance and professional management already in place—making it a truly turnkey, income-producing asset. Set in vibrant Crescent Heights, you’re perched above the Bow River Valley with direct access to downtown via Centre Street; walk, bike, or drive in just minutes. This area blends the charm of a tight-knit residential neighborhood with bustling local businesses, trendy eateries, and scenic city views. Key Highlights: Fully operational as a high-performing Airbnb short term rental. All furnishings included. Managed by professionals for a seamless, turnkey experience. Outstanding location. Immediate cash-flow potential with long-term upside. High-performing income property with 6.05% cap rate Whether you continue as a short-term rental host or explore other investment strategies, this property checks every box.

Features of 301 5 Avenue Ne

MLS® # A2224734
Price $3,000,000
Bathrooms 0.00
Square Footage 7,176
Acres 0.14
Year Built 2016
Type Multi-Family
Sub-Type 4 plex
Style 3 Storey
Status Active

Community Information

Address 301 5 Avenue Ne
Subdivision Crescent Heights
City Calgary
County Calgary
Province Alberta
Postal Code T2E 0K9

Amenities

Parking Spaces 4
# of Garages 4
Is Waterfront No
Has Pool No

Interior

Appliances Dishwasher, Microwave, Range Hood, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Fireplace No
# of Stories 3
Has Basement No

Additional Information

Date Listed May 26th, 2025
Days on Market 11
Zoning M-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeGreater Property Group

Listing Map