9751 Elbow Drive SW, Calgary, AB, T2V 1M4

$995,000

MLS® # A2178062

House For Sale In Haysboro, Calgary, Alberta

$995,000

  • 3+0

    Bedrooms

  • 2

    Baths

  • 6006.00 Square Feet

    Lot Size

Property Information:

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.

Inclusions: None

Building Features:

  • Air Conditioning: Yes
  • Total Finished Area: 1000.23

Property Features:

  • Bedrooms: 3+0
  • Bathrooms: 2+0
  • Architectural Style: Bungalow
  • Built in: 1958
  • Construction Materials: Stucco, Vinyl Siding, Wood Frame
  • Cooling: Other
  • Exterior Features: Lighting, Playground
  • Fireplace Features: Electric
  • Floor Space (approx): 1000.23 Square Feet
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Foundation Details: Poured Concrete
  • Heating: Standard, Forced Air
  • Interior Features:
  • Levels: One
  • Lot Size: 6006.00 Square Feet
  • Parking Features: Single Garage Detached
  • Roof: Asphalt Shingle
  • Zoning: H-GO

Courtesy of: RE/MAX House of Real Estate

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Additional Photos