$1,190,000
$1,250,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
1,884 SqFt
SOLD DATE : 11/12/2024
Key Details
Sold Price $1,190,000
Property Type Multi-Family
Sub Type 4 plex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,884 sqft
Price per Sqft $631
Subdivision Glenbrook
MLS® Listing ID A2164549
Sold Date 11/12/24
Originating Board Calgary
Year Built 1961
Annual Tax Amount $6,304
Tax Year 2024
Lot Size 5,995 Sqft
Acres 0.14
Property Description
FULLY RENOVATED LEGAL 4 PLEX IN PRIME INNER-CITY LOCATION WITH EASY ACCESS TO ALL AMENITIES | Welcome to an incredible investment opportunity located in the highly sought-after neighbourhood of Glenbrook, one of Calgary's most desirable communities in the southwest. This well-maintained legal fourplex is perfectly situated on a quiet, tree-lined residential street, offering a peaceful atmosphere while maintaining exceptional convenience. With proximity to public transit options, it provides an easy and quick commute to Calgary’s vibrant downtown core, making it an ideal location for both tenants and owners alike. This property is surrounded by a wealth of amenities, including grocery stores, shopping centers, dining options, recreational facilities, and lush parks. Glenbrook's community parks and green spaces are perfect for families and outdoor enthusiasts. Nearby schools, from elementary to high school, provide excellent education options for families, while major roadways such as Crowchild Trail and Sarcee Trail allow for fast and easy connectivity to all parts of the city, making daily commutes and weekend getaways a breeze. The fourplex itself boasts four well-designed legal suites, each featuring a spacious, open-concept floor plan, ideal for modern living. Each of the 4 units with 2 generously sized bedrooms, these units offer both comfort and functionality. Private front and side entrances provide added privacy and independence for tenants. In-suite laundry facilities, including washers and dryers, add further convenience, enhancing the appeal of each unit for renters. The mechanical rooms in each legal suite house separate furnaces and individual hot water tanks, ensuring efficient heating and energy usage tailored to each tenant’s needs. The property offers ample parking with a double garage + 2 additional designated parking stalls located at the rear of the building, making it easy for tenants to park without hassle. Positive cash flow makes the property an excellent income-generating investment with room for growth in rental rates. Whether you’re a seasoned investor looking to expand your portfolio or a first-time buyer seeking a stable income property, this fourplex in Glenbrook offers an unbeatable combination of location, convenience, and rental potential. With increasing demand for inner-city living, this property presents a low-risk investment with promising returns. Don't miss out on this rare opportunity! Discover everything this exceptional property has to offer and take the next step in securing a solid investment in Calgary’s thriving real estate market.
Location
Province AB
County Calgary
Area Cal Zone W
Zoning R-C2
Exterior
Garage Double Garage Detached, Parking Pad, Stall
Garage Spaces 2.0
Garage Description Double Garage Detached, Parking Pad, Stall
Parking Type Double Garage Detached, Parking Pad, Stall
Total Parking Spaces 3
Building
Level or Stories One
Others
Restrictions None Known
Ownership Private
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