$2,800,000
69 Silverton Glen Gate SW
Silverado, Calgary, Alberta
About this home
A rare chance to acquire a fully operational, fully leased multi-family investment financed through CMHC’s MLI Select program, with all of the legwork already done. The application, approvals, costs and lease-up are complete, so an investor steps into a stabilized asset that is cash flow positive every month.The offering consists of four 3-bedroom freehold townhomes on separate titles, each with its own double detached garage and no condo fees. The two end units each include a 2-bedroom basement suite with a private side entrance, for six self-contained rental units and 16 bedrooms in total. Zoned R-Gm.The key advantage is the financing: an MLI Select mortgage with a 50-year amortization, assumable by a qualified buyer subject to lender and CMHC approval. The long amortization keeps monthly payments low and cash flow strong, without the months of paperwork, expense and waiting a new MLI Select application requires.Located in Silverton, one of SW Calgary’s newest communities, close to bus routes and schools, with quick access to Macleod Trail and Stoney Trail. A hands-off, income-producing property for the investor who wants the benefits of MLI Select without building it from scratch. (id:66681)
Property details
- Year built
- 2025
- Property type
- Residential
- Parking
- Detached Garage, Other (2)
- Zoning
- R-Gm
- Community
- Silverado
- MLS®
- A2351812
- Days on market
- 0
Location
Listing information last updated 19h ago. Provided by the listing brokerage via CREA’s DDF®, deemed reliable but not guaranteed accurate.
Mortgage estimate
Estimate only. Actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.
$560,000 (20%)
$13,660 / month
First payment: $10,133 interest, $3,527 principal
