1426 23 Avenue NW, Calgary, Alberta
$17,250,000
32,507
Square feet
0.75
Acres
About 1426 23 Avenue NW
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.
| MLS® # | A2284605 |
|---|---|
| Price | $17,250,000 |
| Square Footage | 32,507 |
| Lot Size | 32,507 |
| Year Built | 2020 |
| Type | Multi-Family |
| Sub-Type | Row/Townhouse |
| Style | 2 Storey |
| Status | Active |
Community Information
| Address | 1426 23 Avenue NW |
|---|---|
| Subdivision | Capitol Hill |
| City | Calgary |
| Zone | Zone CC |
| Province | Alberta |
| Postal Code | T2K 1M5 |
Amenities
| Parking Spaces | 24 |
|---|---|
| Parking | Single Garage Attached |
| # of Garages | 24 |
Interior
| Interior Features | Double Vanity, Kitchen Island, Open Floorplan, Quartz Counters, Soaking Tub, Vaulted Ceiling(s) |
|---|---|
| Appliances | Gas Stove, Refrigerator, Washer/Dryer |
| Heating | Forced Air, Natural Gas |
| Cooling | Central Air |
| Fireplace | Yes |
| # of Fireplaces | 1 |
| Fireplaces | Circulating, Gas, Living Room |
| # of Stories | 2 |
| Has Basement | No |
| Basement | None |
Exterior
| Exterior Features | Private Entrance |
|---|---|
| Lot Description | Backs on to Park/Green Space, Environmental Reserve, Greenbelt, Near Golf Course |
| Roof | Asphalt Shingle |
| Construction | Brick, Metal Siding |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | February 10th, 2026 |
|---|---|
| Days on Market | 150 |
| Zoning | M-CG d89 |
Listing Details
| Office | Real Broker |
|---|