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® # | A2234866 |
|---|---|
| Price | $2,900,000 |
| 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, Washer/Dryer, Window Coverings, Stove(s) |
|---|---|
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | No |
Additional Information
| Date Listed | June 26th, 2025 |
|---|---|
| Days on Market | 122 |
| Zoning | M-CG d72 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Comox Realty |
|---|
