1426 23 Avenue NW
Capitol Hill Calgary T2K 1M5

$18,000,000
Multi-Family 32,507 sq. ft. built: 2020

Main Photo: 1426 23 Avenue NW in Calgary: Capitol Hill Row/Townhouse for sale : MLS®# A2284605
Photo 1: 1426 23 Avenue NW in Calgary: Capitol Hill Row/Townhouse for sale : MLS®# A2284605
Photo 2: 1426 23 Avenue NW in Calgary: Capitol Hill Row/Townhouse for sale : MLS®# A2284605
Photo 3: 1426 23 Avenue NW in Calgary: Capitol Hill Row/Townhouse for sale : MLS®# A2284605
Photo 4: 1426 23 Avenue NW in Calgary: Capitol Hill Row/Townhouse for sale : MLS®# A2284605
Photo 5: 1426 23 Avenue NW in Calgary: Capitol Hill Row/Townhouse for sale : MLS®# A2284605
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Photo 7: 1426 23 Avenue NW in Calgary: Capitol Hill Row/Townhouse for sale : MLS®# A2284605
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2284605
Year Built:
2020
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.
Property Type:
Multi-Family
Property Sub Type:
Row/Townhouse
Transaction Type:
For Sale
Home Style:
2 Storey
Total Living Area:
32,507 sq. ft.
Lot Area:
32,507 sq. ft.
Stories Total:
2
Levels:
Two
Year built:
2020 (Age: 6)
Bathrooms:
- (Full:-, Half:-)
Plan:
1811614
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:
No
Flooring:
Carpet, Tile, Vinyl Plank
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Circulating, Gas, Living Room
Water Supply:
Public
Sewer:
Sewer
Garage:
Yes
Garage Spaces:
24
Parking:
Single Garage Attached
Parking Places:
24
Parking Total/Covered:
24 / -
Northwest
Capitol Hill
Gas Stove, Refrigerator, Washer/Dryer
Garage door opener, Window coverings,
None Known
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:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-CG d89
Listed Date:
Feb 10, 2026
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Listed by Real Broker
Data was last updated February 11, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
28
Avg list price:
$2,989,000
Min list price:
$799,800
Max list price:
$18,000,000
Avg days on market:
98
Min days on market:
1
Max days on market:
224
Avg price per sq.ft.:
$600.51
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations. This data is not produced by the MLS® system.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.