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.
Address |
9751 Elbow Drive SW |
List Price |
$995,000 |
Property Type |
Residential |
Type of Dwelling |
Detached |
Style of Home |
Bungalow |
Area |
Calgary S |
Sub-Area |
Haysboro |
Bedrooms |
3 |
Bathrooms |
2 |
Floor Area |
1,000 Sq. Ft. |
Lot Size |
6006 Sq. Ft. |
Year Built |
1958 |
MLS® Number |
A2178062 |
Listing Brokerage |
RE/MAX House of Real Estate
|
Basement Area |
Finished, Full |
Postal Code |
T2V 1M4 |
Zoning |
H-GO |
Site Influences |
Back Yard, Landscaped, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Rectangular Lot, Treed |