9751 Elbow Drive SW, Calgary   ||   $995,000

DETAILS

MLS® NUMBER A2178062
BUILDING TYPE Detached
PROPERTY CLASS Residential
TOTAL BEDROOMS 3
BATHROOMS 2
SQUARE FOOTAGE 1000 Square Feet
YEAR BUILT 1958
BASEMENT None
GARAGE Yes
TOTAL PARKING 2
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.
Listing Brokerage: RE/MAX House of Real Estate

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