$1,250,000

About this home

A rare opportunity to acquire a purpose-built 4plex in the established community of Glamorgan, sitting on a 7,471 sq ft M-C1 zoned lot. The building features two large (1259 sq ft) upper-level 3-bedroom, 1-bathroom units and large two lower-level 2-bedroom, 1-bathroom units, all four fully tenanted and generating combined gross rent of $6,500/month ($78,000/year). Every unit has its own dedicated laundry and is individually metered for electricity, water, and gas, meaning tenants handle their own utilities entirely with no landlord involvement required. All four units are also equipped with high-efficiency furnaces. The M-C1 zoning adds long-term upside with flexibility for future redevelopment , while the Glamorgan location offers convenient access to Mount Royal University, Westhills/Signal Hill retail, and major routes including Glenmore Trail and Sarcee Trail. A turnkey, low-hassle income property for investors seeking stable cash flow with minimal day-to-day management. (id:66681)

Property details

Bedrooms

10

Bathrooms

4

Half baths

0

Year built

1968

Property type

Residential

Building type

Bungalow

Appliances

Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Hood Fan

Parking

Parking Pad (4)

Zoning

M-C1

Community

Glamorgan

MLS®

A2333639

Days on market

0

Location