CAPITOL HILL CONDOS FOR SALE IN CALGARY
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9751 Elbow Drive SW
Haysboro
Calgary
T2V 1M4
$995,000
Residential
beds: 3
baths: 2.0
1,000 sq. ft.
built: 1958
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2178062
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1958
- Photos (6)
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ATTENTION BUILDERS & INVESTORS WITH THE DESIRE FOR THE IDEAL INVESTMENT OPPORTUNITY! | APPROVED DP FOR 10 UNITS INCLUDED 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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Suite:
- No
- Home Style:
- Bungalow
- Total Living Area:
- 1,000.23 sq. ft.92.9 m2
- Main Level Finished Area:
- 1,000.23 sq. ft.92.9 m2
- Lot Area:
- 6,006 sq. ft.558 m2
- Lot Frontage:
- 50'15.2 m
- Front Exposure:
- East
- Levels:
- One
- Total Rooms Above Grade:
- 5
- Year built:
- 1958 (Age: 66)
- Bedrooms:
- 3 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 0
- Bathrooms:
- 2.0 (Full:2, Half:0)
- Plan:
- 4704HL
- Heating:
- Standard, Forced Air
- Basement:
- Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Stucco, Vinyl Siding, Wood Frame
- Structure Type:
- House
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Ceramic Tile, Hardwood
- Cooling:
- Other
- Fireplaces:
- 1
- Fireplace Details:
- Electric
- Garage:
- 1
- Garage Spaces:
- 1
- Parking:
- Single Garage Detached
- Parking Places:
- 2.0
- Parking Total/Covered:
- 2 / -
- Laundry Features:
- In Basement
- Haysboro
- Dishwasher, Electric Stove, Microwave, Refrigerator
- None
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Kitchen With Eating Area
- 16'6"5.03 m × 11'6"3.51 m
- Main Floor
- Living Room
- 18'6"5.64 m × 12'6"3.81 m
- Main Floor
- Bedroom - Primary
- 13'3.96 m × 11'6"3.51 m
- Main Floor
- Bedroom
- 10'3.05 m × 8'6"2.59 m
- Main Floor
- Bedroom
- 10'3.05 m × 8'2.44 m
- Basement
- Game Room
- 31'9.45 m × 11'6"3.51 m
- Basement
- Storage
- 6'6"1.98 m × 6'1.83 m
- Basement
- Laundry
- 16'4.88 m × 11'3.35 m
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 5' x 8'
- Basement
- No
- 3
- 5'6" x 6'
- Title to Land:
- Fee Simple
- Community Features:
- Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
- Interior Features:
- Quartz Counters
- Exterior Features:
- Lighting, Playground
- Patio And Porch Features:
- Other
- Lot Features:
- Back Yard, Landscaped, Rectangular Lot, Treed
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone S
- Zoning:
- H-GO
- Listed Date:
- Nov 08, 2024
Larger map options:
Listed by RE/MAX House of Real Estate
Data was last updated November 13, 2024 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 33
- Avg list price:
- $349,900
- Min list price:
- $210,000
- Max list price:
- $995,000
- Avg days on market:
- 36
- Min days on market:
- 5
- Max days on market:
- 103
- Avg price per sq.ft.:
- $367.83
These statistics are generated based on the current listing's property type
and located in
Haysboro. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Contact Info:
403-397-3706