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ATTENTION BUILDERS & INVESTORS WITH THE DESIRE FOR THE IDEAL INVESTMENT OPPORTUNITY! | WILL INCLUDE APPROVED DP FOR 10 UNITS 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. (id:51438)
| MLS® Number | A2178062 |
| Property Type | Single Family |
| Neigbourhood | Chinook Park |
| Community Name | Haysboro |
| AmenitiesNearBy | Park, Playground, Schools, Shopping |
| Features | Treed |
| ParkingSpaceTotal | 2 |
| Plan | 4704hl |
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Appliances | Refrigerator, Dishwasher, Stove, Microwave |
| ArchitecturalStyle | Bungalow |
| BasementDevelopment | Finished |
| BasementType | Full (finished) |
| ConstructedDate | 1958 |
| ConstructionMaterial | Wood Frame |
| ConstructionStyleAttachment | Detached |
| CoolingType | See Remarks |
| ExteriorFinish | Stucco, Vinyl Siding |
| FireplacePresent | Yes |
| FireplaceTotal | 1 |
| FlooringType | Carpeted, Ceramic Tile, Hardwood |
| FoundationType | Poured Concrete |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1000.23 Sqft |
| TotalFinishedArea | 1000.23 Sqft |
| Type | House |
| Detached Garage | 1 |
| Acreage | No |
| FenceType | Fence |
| LandAmenities | Park, Playground, Schools, Shopping |
| LandscapeFeatures | Landscaped |
| SizeDepth | 36.61 M |
| SizeFrontage | 15.24 M |
| SizeIrregular | 558.00 |
| SizeTotal | 558 M2|4,051 - 7,250 Sqft |
| SizeTotalText | 558 M2|4,051 - 7,250 Sqft |
| ZoningDescription | H-go |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Recreational, Games Room | 31.00 Ft x 11.50 Ft | ||
| Basement | Storage | 6.50 Ft x 6.00 Ft | ||
| Basement | Laundry Room | 16.00 Ft x 11.00 Ft | ||
| Basement | 3pc Bathroom | 6.00 Ft x 5.50 Ft | ||
| Main Level | Other | 16.50 Ft x 11.50 Ft | ||
| Main Level | Living Room | 18.50 Ft x 12.50 Ft | ||
| Main Level | Primary Bedroom | 13.00 Ft x 11.50 Ft | ||
| Main Level | Bedroom | 10.00 Ft x 8.50 Ft | ||
| Main Level | Bedroom | 10.00 Ft x 8.00 Ft | ||
| Main Level | 4pc Bathroom | 8.00 Ft x 5.00 Ft |
https://www.realtor.ca/real-estate/27634040/9751-elbow-drive-sw-calgary-haysboro
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