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Dean Martin

dean@calgarypropertysearch.com +1(403) 837-0909

$1,250,000

Est. payment - /mo

2,514 SqFt

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Key Details

Property Type Multi-Family

Sub Type 4 plex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2514.13

Square Footage 2,514 sqft

Price per Sqft $497

Subdivision Glamorgan

MLS Listing ID A2322917

Year Built 1968

Lot Size 7,405 Sqft

Acres 0.17

Property Sub-Type 4 plex

Property Description

A rare opportunity to acquire a purpose-built 4plex in the established community of Glamorgan,sitting on a 7,490 sq ft M-C1 zoned lot. The building features two upper-level 3-bedroom,1-bathroom units and two lower-level 2-bedroom,1-bathroom units,all four fully tenanted and generating combined gross rent of $6,500/month ($78,000/year). Every unit has its own dedicated laundry and is individually metered for electricity,water,and gas,meaning tenants handle their own utilities entirely with no landlord involvement required. All four units are also equipped with high-efficiency furnaces and newer hot water tanks,reducing near-term capital expenditure risk on a building where mechanical replacements multiply across units. The M-C1 zoning adds long-term upside with flexibility for future redevelopment,while the Glamorgan location offers convenient access to Mount Royal University,Westhills/Signal Hill retail,and major routes including Glenmore Trail and Sarcee Trail. A turnkey,low-hassle income property for investors seeking stable cash flow with minimal day-to-day management.

Location

Province AB

County Cal Zone W

Area Cal Zone W

Zoning M-C1

Direction SW

Interior

Heating Forced Air

Cooling None

Inclusions Outdoor Shed, Rain Barrel

Fireplace No

Appliance Dishwasher, Electric Range, Range Hood, Refrigerator

Exterior

Roof Type Membrane

Total Parking Spaces 4

Garage No

Building

Dwelling Type Four Plex

Foundation Poured Concrete

Others

Restrictions Utility Right Of Way

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Listed by eXp Realty

196 Gordon DR SW Calgary, AB T3E 3W6