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    212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264

    212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264

    Begin your search of Calgary city centre homes and condos for sale below! The City Centre is home to all inner city and downtown communities where you'll find the meandering Bow and Elbow Rivers, a diverse portfolio of real estate and all the best restaurants and entertainment the city has to offer.

    To learn more about city centre real estate in Calgary or to schedule a private showing of any listing below, contact an experienced Realtor® today!

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    212 32 Avenue NE
    Highland Park Calgary T2E 2G7

    $4,700,000
    Multi-Family 12,258 sq. ft. built: 2025

    Main Photo: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 1: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Photo 2: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
    Status:
    Active
    Prop. Type:
    Multi-Family
    MLS® Num:
    A2234264
    Year Built:
    2025
    Brand-New 12-Unit Multifamily Building for Sale | Purpose-Built Rental with Legal Suites | CMHC MLI Select Eligible | Inner-City Calgary. Exceptional opportunity to purchase a newly constructed, purpose-built 10-unit multifamily building located at 212 32 Avenue NE in Calgary, Alberta. This investment property is situated in the highly sought-after inner-city community of Highland Park, just minutes from downtown Calgary, major commuter routes, transit, schools, shopping, and the future Green Line LRT. Designed for maximum income generation, this development features five self-contained townhome-style units above grade and five fully legal one-bedroom basement suites—each with private entry, separate HVAC systems, and in-suite laundry. Professionally designed by John Trinh & Associates, this new construction multifamily property offers investors long-term durability, contemporary architecture, and excellent curb appeal. All units are individually metered and built to the latest Alberta Building Code standards, with sound attenuation and fire separation in place. Tenants enjoy functional, well-laid-out living spaces with high ceilings, full kitchens, spacious bedrooms, and modern finishes throughout. This is a turn-key, low-maintenance income property ideal for long-term holds and passive income. Strategically positioned near Edmonton Trail, Centre Street, and 16 Avenue NW/Trans-Canada Highway, this rental property offers unmatched access to Calgary’s downtown core, SAIT, University of Calgary, Foothills Hospital, and major employment hubs. With strong population growth, limited new rental supply, and increasing demand for high-quality inner-city housing, this location ensures sustained rental performance and long-term appreciation. This property is fully eligible for the CMHC MLI Select program, allowing qualified buyers to finance with as little as 5% down and amortizations up to 50 years. This creates unparalleled leverage, optimized monthly cash flow, and superior return on investment. Investors can maximize borrowing power while benefiting from stable, long-term debt at CMHC-insured rates. Whether you’re an experienced real estate investor or new to multifamily ownership, this offering presents one of Calgary’s best opportunities to secure a high-performing, cash-flowing asset in a growing inner-city market. Full pro forma, floor plans, construction specifications, and financial analysis available upon request.
    Property Type:
    Multi-Family
    Property Sub Type:
    Row/Townhouse
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Total Living Area:
    12,258.36 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Taxes:
    Tax Assessed Value:
    HOA Fee Includes:
    Lot Area:
    8,632 sq. ft.
    Acres Cleared:
    Acres Cultivated:
    Acres Irrigated:
    Acres Leasehold:
    Acres Not Cultivated:
    Acres Freehold:
    Acres Seeded:
    Acres Tame Hay:
    Acres Treed:
    Acres Waste:
    Acres Water Rights:
    Reg. Size:
    Reg. Size Includes:
    Year built:
    2025 (Age: 0)
    Bathrooms:
    - (Full:-, Half:-)
    Plan:
    5942AD
    New Constr.:
    Yes
    Structure Type:
    Five Plus
    Ensuite:
    No
    Garage:
    1
    Parking:
    Quad or More Detached
    Parking Places:
    6
    Parking Total/Covered:
    6 / -
    Highland Park (Calgary)
    Dishwasher, Garage Control(s), Gas Range, Humidifier, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Washer/Dryer Stacked
    None
    None Known
    Title to Land:
    Fee Simple
    Num. of Parcels:
    0
    Region:
    Calgary
    Zone:
    CAL Zone CC
    Zoning:
    R-CG
    Listed Date:
    Jun 30, 2025
    Days on Mkt:
    • Photo 1: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
      Photo 1 of 2
    • Photo 2: 212 32 Avenue NE in Calgary: Highland Park Row/Townhouse for sale : MLS®# A2234264
      Photo 2 of 2
    Listed by Real Broker
    Data was last updated July 1, 2025 at 04:05 AM (UTC)
    Area Statistics
    Listings on market:
    24
    Avg list price:
    $1,975,000
    Min list price:
    $899,000
    Max list price:
    $12,750,000
    Avg days on market:
    33
    Min days on market:
    4
    Max days on market:
    176
    Avg price per sq.ft.:
    $453.71
    These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
    CODY BATTERSHILL
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    Why Choose City Centre Real Estate in Calgary?

    • Live a walkable lifestyle to the fullest; live, work and play downtown
    • Home to a majority of the best restaurants, entertainment and nightlife venues
    • Home to Calgary's most eclectic and vibrant areas: East Village, Marda Loop, Kensington, 4th Street BRZ, Downtown West End, Chinatown, Beltline, Eau Claire + others
    • Enjoy Bow and Elbow River pathways along RiverWalk and green spaces like Edworthy Park, Prince's Island Park, St. Patrick's Island, Olympic Plaza + more
    • Public transportation services city centre real estate in Calgary more frequently with more routes compared to every other district

    Calgary City Centre Communities

    Calgary city centre real estate is some of the most sought after in the metropolitan area. Downtown communities like East Village, Downtown West End and Eau Claire are where you'll find several upscale condo buildings with a mix of floor plans, price ranges and construction dates. Urban professionals living in downtown have convenient access to the +15 Indoor Walkway network that connects most skyscrapers, making it easy to get from point A to B without stepping outside.

    Inner city communities like Altadore, Hillhurst and Crescent Heights, for example, are experiencing a transition from older post-war homes to brand new infill developments. These areas are highly sought after for the convenience they offer in terms nearby parks, restaurants, and other important day-to-day amenities.

    Newer construction homes are found in almost all city centre neighbourhoods in the form of infills. However, the redevelopment of the Canadian Forces Base created three new communities with suburban-like lot sizes and features: Garrison Woods, Garrison Green and Currie Barracks. The last of the three currently has a grand mixed-use development plan in place which will introduce a mix of condos and townhomes among office and retail spaces.

    Calgary City Centre Parks & Amenities

    Calgary city centre real estate has a never-ending list of parks and amenities servicing the area. Some of the most prominent include:

    • TD Core Shopping Centre
    • North Hill Mall
    • Kensington District
    • Marda Loop District
    • 4th Street Business Improvement Area
    • Inglewood District
    • Beltline District
    • Bridgeland District
    • 17th Avenue Retail & Shopping District
    • Repsol Sport Centre
    • RiverWalk & Fort Calgary
    • Bow & Elbow River parks and pathways
    • St. Patrick's Island & Calgary Zoo
    • Lindsay Park, Stanley Park, Edworthy Park, River Park + more

    Calgary City Centre Real Estate Agents

    Browsing City Centre homes for sale in Calgary? Thinking about selling your current property? Our experienced Realtors® have the knowledge, experience and tools available to help guide you towards a successful transaction!

    Contact Cody & Jordan with RE/MAX House of Real Estate at 403-370-4008 if you have questions or would like to discuss your real estate goals! Get a Free Home / Condo Evaluation for your property in Calgary City Centre today!

    We are looking forward to helping you accomplish your real estate goals!

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