Description
Wilderness Ridge offers a rare opportunity to acquire an institutional-quality, 24-unit purpose-built townhome community that is fully leased and backs directly onto Confederation Park, within Calgary’s mature, inner-city Capitol Hill community. For REITs and institutional owners Wilderness Ridge can enhance a portfolio providing relative yield, liquidity, and durable rental demand fundamentals. Wilderness Ridge is positioned as a core-plus acquisition with in-place cash flow and the potential to enhance performance through rental optimization over time (see rent-to-market analysis / lease rollover profile). Newly completed in 2020, the Property has produced a stable operating history and out-performed occupancy and revenue expectations supported by its incredible park-side location, strong connectivity to Downtown, major transportation routes, post-secondary institutions (UofC and SAIT), and year-round outdoor recreation. The Property is being offered with attractive CMHC financing in place. Detailed APOD, plans and financial info available on request to qualified buyers.
Welcome to the Capitol Hill community located in Calgary T2K 1M5.
Read More...1426 23 Avenue Northwest - Subdivision Statistics
| Avg. asking price | $3,238,345 |
| Price per sq. ft. | $578 |
| Median price | $1,250,000 |
| Number of homes for sale in Capitol Hill | 11 |
| Number of homes for sale in Calgary | 1084 |
| Avg. Days on Market | 66 |
Essential Information
- MLS® #A2284605
- Price$17,250,000
- Square Footage32,507
- Lot SQFT32,507
- Year Built2020
- TypeMulti-Family
- Sub-TypeRow/Townhouse
- Style2 Storey
- StatusActive
Amenities
- Parking Spaces24
- ParkingSingle Garage Attached
- # of Garages24
Goods Included
Double Vanity, Kitchen Island, Open Floorplan, Quartz Counters, Soaking Tub, Vaulted Ceiling(s)
Exterior
- Exterior FeaturesPrivate Entrance
- RoofAsphalt Shingle
- ConstructionBrick, Metal Siding
- FoundationPoured Concrete
Site Influence
Backs on to Park/Green Space, Environmental Reserve, Greenbelt, Near Golf Course
Listing Details
- Listing OfficeReal Broker
Community Information
- Address1426 23 Avenue Northwest
- SubdivisionCapitol Hill
- CityCalgary
- ProvinceAlberta
- Postal CodeT2K 1M5
Interior
- HeatingForced Air, Natural Gas
- CoolingCentral Air
- FireplaceYes
- # of Fireplaces1
- FireplacesCirculating, Gas, Living Room
- # of Stories2
- Basement DevelopmentNone
- Basement TypeNone
- FlooringCarpet, Tile, Vinyl Plank
Appliances
Gas Stove, Refrigerator, Washer/Dryer
Lot Description
Backs on to Park/Green Space, Environmental Reserve, Greenbelt, Near Golf Course
Additional Information
- ZoningM-CG d89
Neighbourhoods Similar to Capitol Hill
Rosedale
| Price Range: | $900,000 - $13,500,000 |
| Current Listings: | 6 |
| Avg Price/SqFt: | $1,090 |
Banff Trail
| Price Range: | $929,900 - $3,350,000 |
| Current Listings: | 15 |
| Avg Price/SqFt: | $637 |
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Listing information last updated on June 15th, 2026 at 2:37am MDT.



































