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.
Address
196 Gordon Drive SW
List Price
$1,250,000
Property Type
Residential
Type of Dwelling
Full Duplex
Transaction Type
Sale
Area
Calgary W
Sub-Area
Glamorgan
Bedrooms
10
Bathrooms
4
Floor Area
2,514 Sq. Ft.
Lot Size
7471 Sq. Ft.
Year Built
1968
MLS® Number
A2333639
Listing Brokerage
eXp Realty
Basement Area
Full
Postal Code
T3E 3W6
Zoning
M-C1
Site Influences
Back Lane, Back Yard, City Lot, Clubhouse, Level, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Pool, Rectangular Lot, Sidewalks, Street Lights, Tennis Court(s)
