623 68 Avenue Southwest. Calgary, Alberta T2V 0N1

REDUCED

$990,000

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Down Payment: Monthly Payment:
  • 8 Beds
  • 4 Full Bath
  • 1,864 SqFt
  • $531.12 / SqFt
  • Neighbourhood: Kingsland
  • HOA: N/a
  • MLS® #: A2269015
  • Year Built: 1960
  • Days Listed: 30

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Sunday
7
Dec
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MLS® A2269015 is as 1,864sqft Home located at 623 68 Avenue Southwest, in Calgary Alberta. The property features 8 bedrooms, and 4 bathrooms.

Description

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'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.

Welcome to the Kingsland subdivision located in Calgary T2V 0N1.

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623 68 Avenue Southwest - Subdivision Statistics

Avg. asking price $2,094,500
Price per sq. ft. $610
Median price $2,094,500
Number of homes for sale in Kingsland 2
Number of homes for sale in Calgary 837
Avg. Days on Market 63

Essential Information

Amenities

  • Parking Spaces4
  • # of Garages2

Interior

Exterior

  • Exterior FeaturesStorage
  • Lot DescriptionBack Yard
  • RoofAsphalt Shingle
  • ConstructionWood Frame
  • FoundationPoured Concrete
  • Front ExposureN
  • Frontage Metres15.23M 50`0"
  • Site InfluenceBack Yard

Room Dimensions

  • Kitchen8`6 x 13`3
  • Living Room13`3 x 13`4
  • Master Bedroom13`1 x 9`11
  • Bedroom 213`0 x 9`1
  • Bedroom 313`0 x 9`0
  • Bedroom 48`6 x 12`3

Community Information

Appliances

Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Additional Information

  • ZoningM-C1

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Request a showing of 623 68 Avenue Southwest, a 8 bedroom, 4 bathroom Detached in Kingsland, Calgary. Built in 1960 and approximately 1,864 square feet in size, MLS #A2269015 is currently listed for $990,000. To schedule a property tour, contact us at Justin Havre & Associates.

MLS listings provided by Pillar 9™. Information Deemed Reliable But Not Guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing information last updated on December 6th, 2025 at 4:45am MST.