Homes for sale - 9751 Elbow Drive SW, Calgary, AB T2V1M4

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Nick Penney

info@nickpenney.com

$995,000

Est. payment - /mo

3 Beds

2 Baths

1,000 SqFt

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Key Details

Property Type Single Family Home

Sub Type Freehold

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

Originating Board Calgary Real Estate Board

Year Built 1958

Lot Size 6,006 Sqft

Acres 6006.262

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. (id:24570)

Location

Province AB

Rooms

Extra Room 1 Basement 31.00 Ft x 11.50 Ft Recreational, Games room

Extra Room 2 Basement 6.50 Ft x 6.00 Ft Storage

Extra Room 3 Basement 16.00 Ft x 11.00 Ft Laundry room

Extra Room 4 Basement 6.00 Ft x 5.50 Ft 3pc Bathroom

Extra Room 5 Main level 16.50 Ft x 11.50 Ft Other

Extra Room 6 Main level 18.50 Ft x 12.50 Ft Living room

Interior

Heating Forced air

Cooling See Remarks

Flooring Carpeted, Ceramic Tile, Hardwood

Fireplaces Number 1

Exterior

Garage Yes

Garage Spaces 1.0

Garage Description 1

Fence Fence

Waterfront No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Lot Description Landscaped

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by RE/MAX House of Real Estate

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Nick Penney

9751 Elbow Drive SW Calgary, AB T2V1M4

Nick Penney

Nick Penney

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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