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Data was last updated 2025-02-21 at 12:20:05 GMT
Exceptional Multi-Family Investment with High Rental Income Potential
This spacious 3,786 sqft multi-family property presents a rare investment opportunity. Originally a 4-plex, it has been transformed into an up-and-down triplex, maximizing rental income. Zoned M-C1, one of only four such lots in the community, this property offers both strong rental yields and future redevelopment potential.
High-Return Investment: Capitalization Rate of Approx. 6%-8.6%
With a projected net rental income of $7,000/month (long-term) or $10,000/month (short-term), this property delivers a strong return on investment. Perfect for Short-Term Rentals or a Daycare Business
Short-Term Rental Ready: The upper level was professionally renovated for Airbnb operations, featuring an inviting open-concept kitchen with a large island?perfect for hosting guests. The main floor boasts three spacious bedrooms, each with a private ensuite, ensuring privacy and comfort.
Daycare Business Potential: With multiple bathrooms, a secure automatic sliding rear door, and a large parking pad, this property is ideal for a childcare facility. Additional storage and outdoor space further enhance functionality.
Versatile Layout & Unique Features
The basement level includes separate entrances, allowing for flexible rental arrangements:
4 bedrooms, 2 kitchens, and 2 bathrooms
Independent access from both ends of the house
Multiple utility installations for efficiency
Additional Highlights
? 7 bedrooms & 5 full bathrooms?? 4 furnaces, 4 water tanks & 4 electric meters?? 3 kitchens & 2 laundry rooms?? Commercial air conditioning for optimal comfort?? Large parking pad (fits up to 4 cars, plus RV/boat space)
With its strong rental cash flow, rare zoning, and flexibility for multiple business models, this property is a high-performing investment in a sought-after community.
Listing Information
- Prop. Type:
- Triplex
- Property Style:
- Bi-Level
- Status:
- Active
- City:
- Calgary
- Neighbourhood:
- Banff Trail
- Area:
- Calgary
- Province:
- Alberta
- MLS® Number:
- A2196327
- Listing Price:
- $1,390,000
General Information
- Year Built:
- 1957
- Total Square Feet:
- 2104ft2
Additional Information
- Basement Dev:
- Finished, Full
- Parking:
- Parking Pad, RV Access/Parking
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This property is listed by Top Producer Realty And Property Management and provided here courtesy of
Carmelle Smutko.
For more information or to schedule a viewing please contact Carmelle Smutko.
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Carmelle Smutko
Century 21 Bamber Realty LTD
Phone: 403-863-4536
Mobile Phone: 403-863-4536
Inquire Via Email
Century 21 Bamber Realty LTD
Phone: 403-863-4536
Mobile Phone: 403-863-4536
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.