9751 Elbow Drive SW Calgary

9751 Elbow Drive SW, Calgary, Alberta

$995,000

  • 3 Beds
  • 2 Baths
  • 1,000 Square Feet

ATTENTION BUILDERS & INVESTORS WITH THE DESIRE FOR THE IDEAL INVESTMENT OPPORTUNITY! | APPROVED DP FOR 10 UNITS INCLUDED IN PURCHASE PRICE. PERFECT FOR PURPOSE BUILT RENTAL! | THE PERFECT PROJECT FOR CMHC- MLI SELECT FINANCING | ENJOY THE OPPORTUNITY OF AS LITTLE AS 5% DOWN + 50 YEAR AMORTIZATION = STRONG ROI!! Imagine the opportunity to build a highly sought-after, income-generating 5-plex + 5 legal basement suites in the desirable Haysboro community – a project that could deliver substantial returns while providing a fresh, modern housing option for Calgary’s rental market.This project envisions five carefully designed, upscale units, each with a fully legal, self-contained basement suite. With Calgary's rental demand on the rise, this multi-family layout offers a unique approach: dual-income streams per unit. Picture each primary suite featuring an open, inviting floor plan with three bedrooms, a high-end kitchen, and a welcoming living space, ideal for young professionals or families. Below each unit, a fully legal basement suite with a separate entrance and designated parking offers a private, one-bedroom retreat that appeals to tenants looking for affordability without sacrificing comfort.Building this 5-plex with five legal suites positions you to tap into a robust rental market in Haysboro, a community known for its proximity to transit, shopping, schools, and parks. This location enhances tenant appeal and supports long-term occupancy, which is essential for maximizing revenue.Beyond the income potential, constructing this type of property aligns with Calgary's increased demand for higher-density housing, especially in established neighborhoods. By developing this project, you'll not only be addressing a crucial housing need but also creating a valuable asset that promises both stability and growth in one of Calgary's strongest rental markets. (id:59963)

  • Listing ID: A2178062
  • Property Type: Single Family
  • Year Built: 1958

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Rooms

LevelTypeDimensions
Recreational, Games room Basement 31.00 Ft x 11.50 Ft
Storage Basement 6.50 Ft x 6.00 Ft
Laundry room Basement 16.00 Ft x 11.00 Ft
3pc Bathroom Basement 6.00 Ft x 5.50 Ft
Other Main level 16.50 Ft x 11.50 Ft
Living room Main level 18.50 Ft x 12.50 Ft
Primary Bedroom Main level 13.00 Ft x 11.50 Ft
Bedroom Main level 10.00 Ft x 8.50 Ft
Bedroom Main level 10.00 Ft x 8.00 Ft
4pc Bathroom Main level 8.00 Ft x 5.00 Ft

Details

  • Architectural Style: Bungalow
  • Amenities Nearby: Park, Playground, Schools, Shopping
  • Features: Treed
  • Ownership: Freehold
  • Parking Spaces: 2
  • Plan: 4704HL
  • Transaction: For sale
  • Zoning Description: H-GO

Building

  • Appliances: Refrigerator, Dishwasher, Stove, Microwave
  • Architectural Style: Bungalow
  • BasementType: Full (Finished)
  • Basement Development: Finished
  • Bedrooms Main Level: 3
  • Constructed Date: 1958
  • Constructed Material: Wood frame
  • Construction Style Attachment: Detached
  • Cooling: See Remarks
  • Exterior Finish: Stucco, Vinyl siding
  • Fireplace Present: True
  • Fireplace Total: 1
  • Flooring: Carpeted, Ceramic Tile, Hardwood
  • Foundation: Poured Concrete
  • Bathrooms (Total): 2
  • Heating: Forced air
  • Size Interior: 1000.23 sqft
  • Stories Total: 1
  • Total Finished Area: 1000.23 sqft
  • Type: House

Land

  • Amenities: Park, Playground, Schools, Shopping
  • Fence: Fence
  • Landscape Features: Landscaped
  • Size Frontage: 15.24 m
  • Size Irregular: 558.00
  • Size Total: 558 m2|4,051 - 7,250 sqft
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 9751 Elbow Drive SW in Calgary Ontario. It was last modified on November 8th, 2024. Contact the Jobbagy Stephen & Associates Real Estate to schedule a viewing or to discover other Calgary real estate for sale.

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