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, Stove(s), Washer/Dryer, Window Coverings | 
|---|---|
| Fireplace | No | 
| # of Stories | 3 | 
| Has Basement | No | 
Additional Information
| Date Listed | June 26th, 2025 | 
|---|---|
| Days on Market | 130 | 
| Zoning | M-CG d72 | 
| Foreclosure | No | 
| Short Sale | No | 
| RE / Bank Owned | No | 
Listing Details
| Office | Comox Realty | 
|---|
