$1,320,000.00 0 Sq.ft

2820 Morley Trail NW, Calgary. T2M 4G7

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Description

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:Multi-Family
Status:Pending
MLS #:A2196327
City:Calgary
Neighbourhood:Banff Trail
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:0.14 Acre
Listing Price:$1,320,000.00
Lease Rate: $0.00
Business Type:
Property Subtype:Triplex
Transaction Type:For Sale
Land Use Code:M-C1
Listing Contract Date:2025-02-21

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Tarjinder Dhillon

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(403) 870-0001
  

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "Top Producer Realty and Property Management" listing brokerage.

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