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    417 823 5 Avenue NW in Calgary: Sunnyside Apartment for sale : MLS®# A2240994

    417 823 5 Avenue NW in Calgary: Sunnyside Apartment for sale : MLS®# A2240994

    Begin your search of investment property listings in Calgary with a price range of up to $600,000 below. Whether it be a condo, townhome, or single-family residence, investing in well-priced real estate can generate a second source of income and create more financial security for those looking to take the step.

    Find out more about Calgary investment properties for sale or to schedule a private showing of any listing(s) below, contact our team of experienced real estate agents anytime at 403.370.4008 and they will be happy to assist you!

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    417 823 5 Avenue NW
    Sunnyside Calgary T2N 0R5

    $448,000
    Residential beds: 2 baths: 2.0 741 sq. ft. built: 2015

    Main Photo: 417 823 5 Avenue NW in Calgary: Sunnyside Apartment for sale : MLS®# A2240994
    Photo 1: 417 823 5 Avenue NW in Calgary: Sunnyside Apartment for sale : MLS®# A2240994
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    Status:
    Active
    Prop. Type:
    Residential
    MLS® Num:
    A2240994
    Bedrooms:
    2
    Bathrooms:
    2
    Year Built:
    2015
    Welcome to PENTHOUSE life at The Ven, where contemporary style meets an unbeatable inner-city location in the heart of vibrant Sunnyside. This stunning sunny SE facing, top-floor condo with 14' VAULTED ceilings offers two bedrooms, two full bathrooms, and 741 square feet of beautifully designed living space—all framed by breathtaking, unobstructed views of Calgary’s downtown skyline. Inside, you’ll find a bright and airy open-concept layout featuring soaring 14-foot ceilings, oversized windows that flood the space with natural light, and high-end modern finishes that elevate everyday living. The kitchen is sleek and functional with quartz countertops, stainless steel appliances, and a large island that seamlessly connects to the living and dining areas—ideal for entertaining or simply enjoying your morning coffee with a view. The two bedrooms are thoughtfully separated for added privacy. The spacious primary suite offers a walk-through closet and a stylish four-piece ensuite, while the second bedroom and additional full bathroom are perfect for guests, roommates, or a dedicated home office. Living in The Ven means you're just steps from Kensington’s trendy cafés, restaurants, and boutiques, as well as scenic river pathways, the Sunnyside LRT, and iconic destinations like Prince’s Island Park. You're also only minutes from downtown, SAIT, the University of Calgary, and Foothills Hospital—placing everything you need right at your doorstep. This home also includes in-suite laundry, underground titled parking, secure storage, and the peace of mind that comes with quality concrete construction. The building is pet-friendly (with board approval), and the attention to detail throughout speaks to a lifestyle of ease, elegance, and city sophistication. If you’ve been searching for a rare blend of luxury, location, and lifestyle, this penthouse is the one you’ve been waiting for. Opportunities like this don’t last long—schedule your private viewing today.
    Property Type:
    Residential
    Property Sub Type:
    Apartment
    Condo Type:
    Conventional Condo
    Transaction Type:
    For Sale
    Possession:
    Possession Date:
    Suite:
    No
    Home Style:
    Apartment-Penthouse
    Total Living Area:
    741.19 sq. ft.
    Main Level Finished Area:
    741.19 sq. ft.
    Lower Level Finished Area:
    Above Grade Finished Area:
    Taxes:
    Tax Assessed Value:
    Condo Fee:
    $502.58
    Condo Fee Includes:
    Common Area Maintenance, Gas, Heat, Insurance, Maintenance Grounds, Parking, Professional Management, Reserve Fund Contributions, Sewer, Snow Removal, Trash, Water
    HOA Fee Includes:
    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:
    Front Exposure:
    Northwest
    Reg. Size:
    Reg. Size Includes:
    Unit Exposure:
    Southeast
    Floor Location:
    Other
    Entry Level:
    4
    Stories Total:
    4
    Levels:
    Single Level Unit
    End Unit:
    2+ Common Walls
    Total Rooms Above Grade:
    5
    Year built:
    2015 (Age: 10)
    Bedrooms:
    2 (Above Grd: 2)
    Bedrooms Above Grade:
    2
    Bedrooms Below Grade:
    0
    Bathrooms:
    2.0 (Full:2, Half:0)
    Plan:
    1511755
    Heating:
    Baseboard
    New Constr.:
    No
    Construction Material:
    Brick
    Structure Type:
    Low Rise (2-4 stories)
    Ensuite:
    No
    Flooring:
    Carpet, Ceramic Tile, Laminate
    Cooling:
    None
    Fireplaces:
    0
    Garage:
    No
    Parking:
    Titled, Underground
    Parking Places:
    1
    Parking Total/Covered:
    1 / -
    Laundry Features:
    In Unit
    Condo Fee Frequency:
    Monthly
    Ven of Kensington
    Sunnyside (Calgary)
    Bicycle Storage, Car Wash, Parking, Snow Removal, Storage, Trash, Visitor Parking, Workshop
    Dishwasher, Gas Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer Stacked
    NA
    Utility Right Of Way
    Restrictions
    Floor
    Type
    Size
    Other
    Main Floor
    Bedroom
    12'5" × 9'1"
    Main Floor
    Dining Room
    10'9" × 7'9"
    Main Floor
    Kitchen
    10'9" × 8'8"
    Main Floor
    Living Room
    13'9" × 11'4"
    Main Floor
    Bedroom
    10'1" × 8'1"
    Floor
    Ensuite
    Pieces
    Other
    Main Floor
    No
    3
    7'4" x 7'6"
    Main Floor
    No
    4
    4'11" x 8'1"
    Title to Land:
    Fee Simple
    Community Features:
    Park, Playground, Schools Nearby, Shopping Nearby
    Interior Features:
    High Ceilings, See Remarks, Storage, Walk-In Closet(s)
    Exterior Features:
    Balcony
    Patio And Porch Features:
    Balcony(s)
    Num. of Parcels:
    0
    Region:
    Calgary
    Zone:
    CAL Zone CC
    Zoning:
    DC
    Listed Date:
    Aug 01, 2025
    Days on Mkt:
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    3D Tour

    Listed by RE/MAX Realty Professionals
    Data was last updated August 2, 2025 at 10:05 PM (UTC)
    Area Statistics
    Listings on market:
    42
    Avg list price:
    $384,450
    Min list price:
    $185,000
    Max list price:
    $2,390,000
    Avg days on market:
    30
    Min days on market:
    1
    Max days on market:
    182
    Avg price per sq.ft.:
    $558.77
    These statistics are generated based on the current listing's property type and located in Sunnyside. Average values are derived using median calculations. This data is not produced by the MLS® system.
    CODY BATTERSHILL
    powered by myRealPage.com

    Why Buy an Investment Property in Calgary?

    • Generate a second source of stable income by renting out the property or turning it into an Air BnB, creating more financial freedom and / or stability
    • Build equity and wealth which will grant you more leverage to buy more properties and increase cash flow even more
    • Appreciation can help you turn a profit when it’s time to sell

    Calgary Multi-Family Investment Properties

    Calgary investment property listings

    Investors often look towards condos and townhomes when browsing for real estate investment opportunities in Calgary. Multi-family properties have much lower maintenance than their single-family counterparts and are more affordable on a comparative basis which means less expenses on things like property tax, landscaping and other associated costs.

    One-bedroom condos in Calgary’s city centre with around 500 square feet starting at $1,200 is not uncommon to see. Two-bedroom units usually range from $1,700 and up, although these actual figures vary depending on a number of factors such as building age, community, and square footage.

    Find many condo investment opportunities in these popular areas of downtown and the inner city:

    Townhomes also present an excellent investment opportunity. Suburban units in communities like Evanston, Legacy and Saddle Ridge, for example, offer large square footage and in some cases double-attached garages. These rental properties can command a starting price anywhere from the $1,600 to $1,800 range depending on the features and location of the home.

    Inner city townhomes also present a great opportunity for investors as they are in higher demand and command a higher rental price, but the initial capital investment will be larger versus a suburban unit:

    Suburban multi-family units are also a sound investment with a much lower initial cost, but also will command a lower rent than their inner city counterparts. Discuss your real estate goals with an experienced Realtor® who will be able to help you make the best decision for your wants and needs as an investor.

    Considerations Before Investing in a Rental PropertyCody Battershill REMAX Real Estate Agent LinkedIn referrals

    #1 – Neighbourhood

    The community you decide to buy in will determine the type of tenants you attract and the monthly rent you can charge. Buying a property in Calgary near a post-secondary institution, for example, will attract students looking for more affordable prices. A residence in the inner city near a train station would likely attract urban professionals working in the city centre who have more cash flow.

    #2 – Walkability

    Investment properties in the city centre of Calgary offer much more walkability than similar units in a suburban community. Being able to walk to a restaurant down the street rather than jumping in the car and driving for several minutes adds value to any rental property and will help you command a larger rent.

    #3 – Amenities

    Once again, amenities relate to the location of your investment property in Calgary. A unit with quick-and-easy access to recreation centres, outdoor parks, public transportation, shopping malls, river pathways and other major amenities will provide the opportunity to ask for a higher rent per month.

    #4 – Property Taxes

    Investing in Calgary real estate means you’ll have property tax to pay. Just how much is the average annual cost for this in your area, and does the cost make it not a feasible property to buy from a financial standpoint? Consider taxes before making any moves!

    #5 – Vacancies and Units Available

    Investing in real estate in a saturated market will require you to lower rent to attract tenants. The whole purpose of a second income is to maximize its potential, so consider doing some research on the number of units available within a certain area of the city before buying a property as an investment.

    Contact an Investment Property Specialistask a Calgary inner city real estate agent

    Thinking about investing in Calgary real estate? As highly experienced Realtors® in Calgary, we’ve helped many locals and foreigners alike navigate the investment property market and would love to put our knowledge and skillset to work for you.

    Contact Cody and Jordan direct anytime at 403.370.4008 to discuss your real estate plans! Get a 100% Free, No-Obligation Evaluation for your property in Calgary today!

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

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