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Home AB Greater Calgary Calgary Haysboro
9751 Elbow Drive SW
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9751 Elbow Drive SW $950,000
4 days ago
$950,000
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9751 Elbow Drive SW
Calgary, Alberta T2V1M4

MLS® Number: A2183169
3
Bedrooms
2
Bathrooms
1000
Square Feet

Listing Description

APPROVED DP FOR 10 UNITS IN PURCHASE PRICE | ATTENTION BUILDERS & INVESTORS WITH THE DESIRE FOR THE IDEAL INVESTMENT OPPORTUNITY! | 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. (29919814)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1000 sqft
Community Name
Haysboro
Subdivision Name
Haysboro
Title
Freehold
Land Size
558 m2|4,051 - 7,250 sqft
Built in
1958
Annual Property Taxes
$3,641
Parking Type
Detached Garage (1)
Time on REALTOR.ca
4 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included
Refrigerator, Dishwasher, Stove, Microwave
Flooring
Carpeted, Ceramic Tile, Hardwood
Basement Type
Full (Finished)
Building Features
Features
Treed
Foundation Type
Poured Concrete
Style
Detached
Architecture Style
Bungalow
Construction Material
Wood frame
Heating & Cooling
Cooling
See Remarks
Fireplace
1
Heating Type
Forced air
Exterior Features
Exterior Finish
Stucco, Vinyl siding
Neighbourhood Features
Amenities Nearby
Park, Playground, Schools, Shopping
Parking
Parking Type
Detached Garage (1)
Total Parking Spaces
2

Measurements

Square Footage
1000 sqft
Total Finished Area
1000 sqft

Rooms

MetricImperial
Main level
Other
Living room
Primary Bedroom
Bedroom
Bedroom
4pc Bathroom
Basement
Recreational, Games room
Storage
Laundry room
3pc Bathroom

Land

Lot Features
Fencing
Fence
Frontage
15.24 m
Land Depth
36.61 m
Landscape Features
Landscaped
Other Property Information
Zoning Description
H-GO
Data provided by: Pillar 9™

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