Homes for sale - 9751 Elbow DR Southwest, Calgary, AB T2V 1M4

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $995

Subdivision Haysboro

MLS Listing ID A2178062

Style Bungalow

Bedrooms 3

Full Baths 2

Year Built 1958

Lot Size 6,006 Sqft

Acres 0.14

Property Description

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.

Location

Province AB

County Calgary

Area Cal Zone S

Zoning H-GO

Direction E

Rooms

Basement Finished,Full

Interior

Interior Features Quartz Counters

Heating Standard,Forced Air

Cooling Other

Flooring Carpet,Ceramic Tile,Hardwood

Fireplaces Number 1

Fireplaces Type Electric

Inclusions None

Appliance Dishwasher,Electric Stove,Microwave,Refrigerator

Laundry In Basement

Exterior

Exterior Feature Lighting,Playground

Garage Single Garage Detached

Garage Spaces 1.0

Fence Fenced

Community Features Park,Playground,Schools Nearby,Shopping Nearby,Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Other

Lot Frontage 50.0

Parking Type Single Garage Detached

Total Parking Spaces 2

Building

Lot Description Back Yard,Landscaped,Rectangular Lot,Treed

Dwelling Type House

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Stucco,Vinyl Siding,Wood Frame

Others

Restrictions None Known

Tax ID 95357862