9751 Elbow Drive Sw, Calgary

$995,000

3 Beds
2 Baths
1,000 Sqft
.14 Acres
1 Garages

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.

Essential Information
MLS® #A2178062
Price$995,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,000
Acres0.14
Year Built1958
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address9751 Elbow Drive Sw
SubdivisionHaysboro
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2V 1M4
Amenities
Parking Spaces2
ParkingSingle Garage Detached
# of Garages1
Interior
Interior FeaturesQuartz Counters
HeatingForced Air, Standard
CoolingOther
Has BasementYes
BasementFinished, Full
FireplaceYes
# of Fireplaces1
FireplacesElectric
Appliances

Dishwasher, Electric Stove, Microwave, Refrigerator

Exterior
Exterior FeaturesLighting, Playground
RoofAsphalt Shingle
FoundationPoured Concrete
Lot Description

Back Yard, Landscaped, Rectangular Lot, Treed

Construction

Stucco, Vinyl Siding, Wood Frame

Additional Information
ZoningH-GO
Listing Details
OfficeRE/MAX House of Real Estate
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