9751 Elbow Drive SW Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2V1M4
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! | WILL INCLUDE APPROVED DP FOR 10 UNITS 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