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LiveMLS A2352962Buy & hold
Calgary, AB · Multi-family · 4 units
$895,000listed
Price at 5.75% cap
Score
DSCR
Cash to close
All-in with reserves
514 20 Avenue SW is a 4-unit multi-family in Calgary, AB, asking $895,000 — $223,750 per door.
That sits inside the Calgary band of $190k - $310k per door. Calgary cap rates screen 5.6% - 7.2% and average rent runs about $2,050 a door.
At 4 units this finances as residential, not commercial — MLI Select starts at five units. The qualifying rate still applies: federally regulated lenders test a 1–4 unit rental at the greater of your contract rate plus two points or 5.25%.
The Calgary desk underwrites vacancy at 3.5% - 5% and operating expenses at 32% - 43% of gross rent.
The underwrite — investment score, cap rate on the real rent roll, DSCR at the qualifying rate, cash to close, and the price at a 5.75% cap — opens with a free account.
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The underwrite opens with a free account
Score, DSCR, cash to close and the price at a 5.75% cap for this building. The asking price and photos stay public.
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