623 68 Avenue SW Calgary AB T2V 0N1 MLS #A2269015

623 68 Avenue SW
Calgary, AB, T2V 0N1
$990,000
8 Beds
4 Baths
1,864 SqFt
0.14 Acres
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$990,000
623 68 Avenue SW
Calgary, AB, T2V 0N1
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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&#39'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.

Property Details

Price:
$990,000
MLS #:
A2269015
Status:
Pending
Beds:
8
Baths:
4
Type:
Single Family
Subtype:
Detached
Subdivision:
Kingsland
Listed Date:
Nov 5, 2025
Finished Sq Ft:
1,864
Lot Size:
6,092 sqft / 0.14 acres (approx)
Year Built:
1960
KingslandBack Yard

Schools

Interior

Appliances
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
Basement
None
Bathrooms Full
4
Laundry Features
In Unit

Exterior

Exterior Features
Storage
Lot Features
Back Yard
Parking Features
Additional Parking, Converted Garage
Parking Total
4
Patio And Porch Features
None
Roof
Asphalt Shingle

Financial

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Current real estate data for Single Family in Calgary as of Dec 08, 2025
3,234
Single Family Listed
55
Avg DOM
469
Avg $ / SqFt
$823,468
Avg List Price

Community

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Property Summary

    Located in the Kingsland subdivision, 623 68 Avenue SW Calgary AB is a Single Family for sale in Calgary, AB, T2V 0N1. It is listed for $990,000 and features 8 beds, 4 baths, and has approximately 1,864 square feet of living space, and was originally constructed in 1960. The current price per square foot is $531. The average price per square foot for Single Family listings in Calgary is $469. The average listing price for Single Family in Calgary is $823,468. To schedule a showing of MLS#a2269015 at 623 68 Avenue SW in Calgary, AB, contact your Real Broker agent at 403-903-5395.
623 68 Avenue SW
Calgary, AB
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