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1334-1340 12 Ave SW
Calgary, AB T3C 3R9 North Hill/Downtown/Beltline

$457,463 USD

Apartments Condo For Sale  •  938 SF

Property Details

  • Property Type Apartments
  • Total Building Size 73,176 SF
  • Lot Size 0.47 AC
  • Building Class B
  • Year Built 1980
  • Zoning CC-X
73 Transit Score
98 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 1336/1340 Retail 938 SF $457,463 USD
  • Unit Size: 938 SF
  • Condo Use: Retail
  • Price: $457,463 USD
  • Sale Type: Investment
  • Price/SF: $487.70 USD
Description
These two Beltline condo units offer a prime location in one of Calgary’s most dynamic neighborhoods. Each space features excellent visibility along 12 Avenue SW, with convenient access to public transit and nearby amenities including restaurants, coffee shops, and retail in the design district. On-site and street parking add flexibility for owners or tenants, while the surrounding area continues to grow with new residential and commercial developments.

Sale Notes
The offering includes two units sold together for $620,000, providing a combined footprint ideal for investment or owner-use. With an attractive 7% Cap rate and CC-X zoning, the property supports a range of commercial applications. Immediate availability allows buyers to capitalize on Calgary’s thriving Beltline market without delay. This is a rare opportunity to secure highly visible space in a high-demand urban corridor.

Description 

Welcome to The Ravenwood, a well-positioned mid-rise multifamily property in Calgary’s vibrant Beltline district. This 8-storey, 54-unit apartment building spans over 73,000 sq ft on a 0.47-acre lot, offering a rare investment opportunity in one of the city’s most walkable and amenity-rich neighborhoods. Built in 1980 and zoned CC-X (Centre City Mixed Use), the property blends residential comfort with urban convenience, just steps from 17th Avenue’s shops, restaurants, and transit. With strong rental demand, underground parking, and potential for value-add upgrades, Ravenwood is ideal for investors seeking stable income and long-term growth in Calgary’s core.

Highlights

High visibility located between 12 Avenue and 13 Street
Located in the growing Beltline community with new condo developments and new commercial developments nearby
Various bus routes nearby and walking distance to Sunalta LRT station
Parking available on the premises as well as street parking on surrounding streets
Walking distance to various amenities such as restaurants, liquor stores, coffee shops, general retail and furniture stores off the design district

Property Flyers

Public Transportation

AirportDriveWalkDistance
Calgary International 23 min - 8.2 mi
Blair Mastin 403-802-6766 Avenue Commercial
Blair Mastin 403-802-6766 Avenue Commercial