Prime Investment Opportunity – Fully Furnished Penthouse with Strong Rental Income
This fully furnished sub-penthouse offers an exceptional investment opportunity with a high rental yield and long-term tenant in place. Located at the bustling intersection of 17th Avenue and Broadway (4th Street), this top-floor unit in an eight-story building ensures privacy with no structure above.
? High Rental Income: Currently leased at $2,200/month (tenant pays utilities & internet). Secure underground parking rented separately for $225/month, making this a high-market-cap property. The tenant has expressed interest in extending the lease, offering stable cash flow.
? Premium Features & Layout:
Bright & Spacious: Large windows provide unobstructed city views and excellent cross-ventilation for year-round comfort.
Well-Designed Bathroom: Dual sinks, a soaking tub, and an option to add a partition for privacy—ideal for shared living or families.
South-Facing Bedrooms: Abundant natural light throughout the day.
Move-In or Rental Ready: Fully furnished, making it an effortless investment or personal residence.
? Urban Convenience:
Secure underground titled parking
In-suite laundry for added comfort
Prime downtown location near cafes, restaurants, and nightlife
With a strong rental return and premium urban appeal, this unit is perfect for investors looking for passive income or homeowners seeking sophisticated city living.
?? Act now—this rare investment opportunity won’t last long!
Data was last updated March 12, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
4,606
Avg list price:
$589,000
Min list price:
$127,000
Max list price:
$13,888,000
Avg days on market:
24
Min days on market:
0
Max days on market:
593
Avg price per sq.ft.:
$433.1
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.