ARPCalgary.com - MLS® Num: A2284605

1426 23 Avenue NW

Capitol Hill Calgary T2K 1M5

$18,000,000

Multi-Family 32,507 sq. ft. built: 2020

MLS® Num:A2284605

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.

General Info:

Property Type:

Multi-Family

Property Sub Type:

Row/Townhouse

Transaction Type:

For Sale

Home Style:

2 Storey

Total Living Area:

32,507 sq. ft.

Taxes:

$77,191 / 2025

Tax Assessed Value:

1.249E7

Lot Area:

32,507 sq. ft.

Stories Total:

Levels:

Two

Year built:

2020 (Age: 6)

Bathrooms:

- (Full:-, Half:-)

Plan:

1811614

Additional Info:

Electricity:

220 Volts

Heating:

Forced Air, Natural Gas

Basement:

None

Foundation:

Poured Concrete

Builder:

Brava

New Constr.:

Yes

Construction Material:

Brick, Metal Siding

Structure Type:

Five Plus

Roof:

Asphalt Shingle

Ensuite:

Flooring:

Carpet, Tile, Vinyl Plank

Cooling:

Central Air

Fireplaces:

Fireplace Details:

Circulating, Gas, Living Room

Water Supply:

Public

Sewer:

Sewer

Garage:

Yes

Garage Spaces:

Parking:

Single Garage Attached

Parking Places:

Parking Total/Covered:

24 / -

City Quadrant:

Northwest

Community:

Capitol Hill

Appliances:

Gas Stove, Refrigerator, Washer/Dryer

Inclusions:

Garage door opener, Window coverings,

Restrictions:

None Known

Land Info:

Title to Land:

Fee Simple

Community Features:

Park, Playground, Pond, Schools Nearby, Shopping Nearby, Walking/Bike Paths

Interior Features:

Double Vanity, Kitchen Island, Open Floorplan, Quartz Counters, Soaking Tub, Vaulted Ceiling(s)

Exterior Features:

Private Entrance

Lot Features:

Backs on to Park/Green Space, Environmental Reserve, Greenbelt, Near Golf Course

Num. of Parcels:

Region:

Calgary

Zone:

CAL Zone CC

Zoning:

M-CG d89

Listing Info:

Listed Date:

Feb 10, 2026

Sano Stante
Associate Broker
403-850-2555