424 Sabrina Road SW presents a rare opportunity to acquire a fully modernized, income-generating fourplex in the established community of Southwood. With extensive renovations completed in 2024 and strong in-place rental income, this property is ideally suited for hands-off investors seeking reliable cash flow and long-term growth potential in Calgary’s southwest.
Address: 424 Sabrina Road SW, Calgary, AB
Property Type: Fourplex (Bi-Level Configuration)
Total Living Area: 5,028 sq. ft. (2,564 sq. ft. RMS + fully developed lower levels)
Units: 4 self-contained units
Unit Layout: Each unit includes 3 bedrooms and 1.5 bathrooms
Year Built: 1972
Zoning: MC-1 (Medium-Density Low Profile Residential)
Parking: 5 surface stalls, resurfaced in 2024, with ample street parking available
Lot: Standard inner-city lot with retaining wall recently rebuilt
Recent Renovations and Capital Improvements (2024)
This property has undergone a complete transformation, both inside and out. All four units were fully renovated to appeal to today’s quality-conscious tenants while minimizing maintenance needs for ownership.
Interior upgrades include:
Fully renovated kitchens with granite countertops, brand new cabinets, and stainless steel appliances
Bathrooms completely redone with new tubs, tile work, vanities, fixtures, and modern finishes
Durable LVL plank flooring installed throughout both upper and lower levels
Fresh paint, trim, and lighting updates throughout all units
Exterior and mechanical upgrades:
New energy-efficient windows and patio doors in each unit
Separate furnaces, hot water tanks, and individual utility meters per unit
Resurfaced parking lot with defined stalls
Reconstructed retaining wall for long-term stability
Updated exterior finishes to enhance curb appeal
These renovations were designed with long-term durability, tenant satisfaction, and rental optimization in mind.
Income and Financial Performance
424 Sabrina Road SW is fully leased with fixed one-year terms. All four units are currently rented at market rates, providing predictable and stable cash flow from day one. The gross rental income is $8,350 per month, or $100,200 annually. All tenants are responsible for their own utilities, thanks to separately metered systems.
Key financial metrics:
Gross Annual Rents: $100,200
Net Operating Income (NOI): Approx. $78,720 annually
Cap Rate: 5.4% at asking price
Utility Structure: All tenant-paid (gas, water, electricity)
This property offers strong investment fundamentals with minimal projected maintenance, making it an excellent asset for portfolio stabilization or long-term wealth building.
Bi-Level Design Advantage
Unlike traditional up/down duplex configurations, each of the four units in this property features a full bi-level design. This provides tenants with more usable space and a layout that feels more like a single-family home, resulting in better tenant retention and increased rental appeal. buyer will accept current RPR
Brand new and ready for your family! This custom-built 2-storey walkout home by award-winning Ridgestone Homes offers 5 bedrooms, 3.5 bathrooms, and thoughtful design throughout. A covered front porch welcomes you into the open-concept main floor featuring a spacious kitchen, dining area, and living room—perfect for everyday living and entertaining. Step out onto the deck from the kitchen and enjoy views of the playground right behind your backyard vinyl fence.
Upstairs, you’ll find the perfect layout for a young family: 4 bedrooms on one level, including a primary suite with a 3-piece ensuite and walk-in closet, a 4-piece main bath, and convenient upper-floor laundry.
The fully finished walkout basement offers a large rec room with a wet bar, the 5th bedroom, and another full bath. A triple attached garage completes this incredible home.
Don’t miss this rare opportunity to own a stunning new build in a family-friendly location!
Custom Whitecourt Home. Step into unparalleled elegance with this meticulously designed 5 bedroom residence, where every detail exudes sophistication and comfort. Boasting a triple car garage with a convenient drive thru bay leading to the backyard, this home is tailored for both functionality and style. A dedicated dog wash station with hot and cold taps in the garage and EV Level 2 charging for your electric vehicle add modern convenience to your everyday living. The interior showcases wider, custom designed stairs for effortless furniture movement, quartz countertops flowing seamlessly throughout and a bedroom that’s transformed into a state of the art home theatre, perfect for immersive entertainment. A bar area downstairs complements the at home theatre, ideal for entertaining guests.
Climate control is effortless with central air conditioning, while outdoor living is elevated with hot and cold water in both the front and back, a 3 season room featuring a natural gas hook up for your BBQ and a backyard designed for relaxation and no rear neighbors, ensuring privacy and tranquility.
The exterior of the home constructed with Hardi Plank is fire and hail resistant, built on ICF block, this home offers durability and energy efficiency, all while being conveniently located near Festival Park and scenic walking paths. The aggregate driveway adds a refined touch to the exterior, completing a residence that blends functionality, luxury and timeless elegance.
60 Pritchard Drive isn’t just a home, it’s a statement.
Come view this great unit for both investors and those wanting to find a downtown home. It is located only steps away from the Lions Gate Bridge, Prince\'s Island Park, Coffee Houses and a short walk to any downtown destination. This dwelling is in pristine condition, boasts a sought after view from it’s floor to ceiling windows of the Bow River valley and Sien Lok Park. It is located in a concrete building and features 9 ft ceilings, gas fireplace (open to the living/dining rooms), built in shelving, sliding patio door to a Juliet balcony, air conditioning, in suite laundry, den and titled parking. The Kitchen has maple cabinets with a convenient breakfast island and stainless-steel appliances. Investors should note this unit has spent many successful years as an executive furnished suite. It is the best priced unit in the building, so setup an appointment to see it ASAP.
Listing Brokerage: Houston Realty.ca
BRAND NEW HOME BY \"DS HOMES\" ,GREAT FOR THE EXTENDED FAMILIES, TOTAL OF 4 BEDROOMS,THREE FULL BATHROOMS,MAIN FLOOR GOOD SIZE BEDROOM,FULL BATH,KITCHEN WITH FULL LENTH KITCHEN CUPBOARDS,ISLAND WITH A BREAKFAST BAR,QUARTZ COUNTER TOPS,9\' CEILING ON THE MAIN FLOOR, DINING ROOM ,MAIN FLOOR LIVING ROOM AND MAN DOOR TO THE VERY GOOD SIZE BACKYEARD AND TWO CAR GRAVEL PARKING PAD. UPPER LEVEL,3 BEDROOMS,MASTER BEDROOM WITH FULL BATH EN SUITE,WALK IN CLOSET,TWO OTHER BEDROOMS WITH COMMON BATH ,LAUNDRY AND BONUS ROOM. UN-FINSHED BASEMENT WITH SEPARATE ENTRANCE,TWO LARGE WINDOWS AND ROUGHED IN FOR BATH. WALK TO EAST HILL SHOPPING CENTRE, COSTCO,WALMART, TD BANK AND MUCH MORE,ACROSS FROM BELVEDERE PARK AND EASY ACCESS TO STONEY TRAIL.
Listing Brokerage: MaxValue Realty Ltd.
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