Daryl Carlson - 403-259-4141

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Single Family in Calgary

$995,000.00
9751 Elbow Drive Southwest - MLS® #: A2178062
  • (134)
  • 76
  • 99
  • 3 Bedrooms
  • 2 Bathrooms
  • 1000.23 Sq Ft
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Daryl Carlson
403-259-4141

Property Type

Single Family

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:6769

Property Details

Subarea
Haysboro

Lot
558

Year Built
1958

Flooring
Carpeted,Ceramic Tile,Hardwood

Parking Type
2

Rooms Dimension

RoomFloorDimension
Recreational, Games roomBasement31.00 Ft x 11.50 Ft
StorageBasement6.50 Ft x 6.00 Ft
Laundry roomBasement16.00 Ft x 11.00 Ft
3pc BathroomBasement6.00 Ft x 5.50 Ft
OtherMain level16.50 Ft x 11.50 Ft
Living roomMain level18.50 Ft x 12.50 Ft
Primary BedroomMain level13.00 Ft x 11.50 Ft
BedroomMain level10.00 Ft x 8.50 Ft
BedroomMain level10.00 Ft x 8.00 Ft
4pc BathroomMain level8.00 Ft x 5.00 Ft

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Listing data last updated date: 2024-11-27 03:56:53

Not intended to solicit properties currently listed for sale.The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. The trademarks MLS®, Multiple Listing Service and the associated logos are owned by CREA® and identify the quality of services provided by real estate professionals who are members of CREA®. REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

Listing Agent: Justin Warthe

Brokerage: RE/MAX House of Real Estate