CALGARY · MLS # A2346042
724 18 Avenue NW
$1,495,000
BEDS
6
BATHS
5
INTERIOR
1,811 sqft
BUILT
2026
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ABOUT THIS PROPERTY
GREAT RENTAL POTENTIAL, UNDER CONSTRUCTION & STILL TIME TO CUSTOMIZE! Secure this brand-new Mount Pleasant home before completion and take advantage of the opportunity to personalize select finishes to your style, subject to construction stage and builder approval. Plus, a $20,000 appliance package is INCLUDED in the purchase price, giving you even more freedom to make this home your own. Estimated completion: mid-November 2026. An exceptional opportunity to own a thoughtfully designed new build in the heart of Mount Pleasant, offering approximately 2,000 sq. ft. of above-grade living space, plus a 2-bedroom basement legal suite and a completely separate 1-bedroom backyard legal suite above the detached double garage. With 6 bedrooms and 4.5 bathrooms across three distinct living spaces, this property delivers incredible flexibility and rental-income potential in one of Calgary’s most desirable inner-city communities.

The main residence offers 3 bedrooms and 2.5 bathrooms, with an open-concept main floor showcasing elevated, contemporary finishes. The kitchen features quartz countertops, custom cabinetry, an oak-veneer island, custom MASIV LED lighting, backsplash mood lighting. The living room is anchored by a 42" gas fireplace with a custom brick hearth, while custom lighting continues throughout the home. Upstairs, the primary retreat features a spa-inspired 5-piece ensuite with electrically heated floors, bathtub, separate shower and double vanity, alongside two additional bedrooms, a full shared bathroom and convenient upper-floor laundry with sink. Designed with income potential in mind, the basement legal suite offers approximately 908 sq. ft. with 2 bedrooms, kitchen, full bathroom, laundry and storage, plus in-floor heating throughout the basement. One of the bedrooms can also function as a gym or flex room. Adding another layer of versatility is the approximately 496 sq. ft. private backyard legal suite, featuring 1 bedroom, kitchen, full bathroom, furnace room and its own laundry—an excellent opportunity for additional rental income, guests or extended family.

Completing the property is a finished, insulated and heated detached double garage with an EV charger rough-in. The striking exterior combines brick, metal façade and wraparound black stucco, while thoughtful mechanical features include a furnace with humidifier servicing the main and second floors, two HRV units, hot-water recirculation system and water-softener rough-in. Located in sought-after Mount Pleasant, this is a rare opportunity to own a brand-new inner-city property that seamlessly combines sophisticated design with two additional self-contained living spaces. Live in the main residence while benefiting from the potential for multiple rental income streams, accommodate extended family, or add a uniquely versatile property to your investment portfolio.
PROPERTY FACTS
- Property type
- Residential
- Style
- Detached
- Status
- Active
- Postal code
- T2M 0V1
MORTGAGE ESTIMATE
DOWN PAYMENT
20% · $299,000
INTEREST RATE
5.25 %
AMORTIZATION
25 years
ESTIMATED MONTHLY
$7,167
Principal$1,196,000
Total interest$954,101
Total paid$2,449,101
Estimate only. Property tax, insurance, condo fees, and HELOC products not included. Connect with your lender for a real pre-approval.
LISTED BY REAL BROKER