$ 995.000

9751 Elbow Drive Sw, Calgary

  • Bedrooms: 3
  • Bathrooms: 2
  • Living area: 1000.23 square feet
  • Type: Residential
  • Added: 6 days ago
  • Updated: 4 hours ago
  • Last Checked: 0 minutes ago
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. (id:1945)
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Property DetailsKey information about 9751 Elbow Drive Sw

  • Cooling: See Remarks
  • Heating: Forced air
  • Stories: 1
  • Year Built: 1958
  • Structure Type: House
  • Exterior Features: Stucco, Vinyl siding
  • Foundation Details: Poured Concrete
  • Architectural Style: Bungalow
  • Construction Materials: Wood frame
  • Type: Bungalow
  • Status: Fully finished
  • Units Approved: 10

Interior FeaturesDiscover the interior design and amenities

  • Basement: Development: Professionally developed, Features: Built-in desk area, Massive suite, Cozy corner fireplace, Wet bar
  • Flooring: Hardwood floors and ceramic tiles
  • Appliances: Refrigerator, Dishwasher, Stove, Microwave
  • Living Area: 1000.23
  • Bedrooms Total: 3
  • Fireplaces Total: 1
  • Above Grade Finished Area: 1000.23
  • Above Grade Finished Area Units: square feet
  • Kitchen: Countertops: Granite, Cabinetry: Custom designed
  • Bedrooms: 3
  • Bathrooms: Main Floor: Type: Four-piece, Lower Level: Type: Three-piece

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 9751 Elbow Drive Sw

  • Lot Features: Treed
  • Lot Size Units: square meters
  • Parking Total: 2
  • Parking Features: Detached Garage
  • Lot Size Dimensions: 558.00
  • Backyard: Direction: West-facing, Features: Stunningly landscaped, Ideal for relaxation and outdoor entertaining
  • Entrance: Type: Rear entrance, Potential: Separate entrance for independent living or rental income

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Street Dir Suffix: Southwest
  • Subdivision Name: Haysboro
  • Neighborhood: Haysboro
  • Proximity: Schools: Five top-rated schools, STEM Innovation Academy, Transportation: Southland LRT station, Glenmore Reservoir, Parks: Scenic off-leash park

Business & Leasing InformationCheck business and leasing options available at 9751 Elbow Drive Sw

  • Rental Potential: Basement suite for potential rental income

Property Management & AssociationFind out management and association details

  • Association Details: Not specified

Utilities & SystemsReview utilities and system installations

  • Utilities: Not specified

Tax & Legal InformationGet tax and legal details applicable to 9751 Elbow Drive Sw

  • Tax Lot: 22
  • Tax Year: 2024
  • Tax Block: 35
  • Parcel Number: 0019399724
  • Tax Annual Amount: 3641
  • Zoning Description: H-GO
  • Tax Information: Not specified

Additional FeaturesExplore extra features and benefits

  • Natural Light: Oversized windows flood the space with natural light
  • Family Living: Perfect for family living or hosting guests
Room Dimensions
Type Level Dimensions
Other Main level 11.50 Ft x 16.50 Ft
Living room Main level 12.50 Ft x 18.50 Ft
Recreational, Games room Basement 11.50 Ft x 31.00 Ft
Storage Basement 6.00 Ft x 6.50 Ft
Laundry room Basement 11.00 Ft x 16.00 Ft
Primary Bedroom Main level 11.50 Ft x 13.00 Ft
Bedroom Main level 8.50 Ft x 10.00 Ft
Bedroom Main level 8.00 Ft x 10.00 Ft
3pc Bathroom Basement 5.50 Ft x 6.00 Ft
4pc Bathroom Main level 5.00 Ft x 8.00 Ft
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Nearby Listings Stat

Active listings
46
Min Price
$235,000
Max Price
$1,649,000
Avg Price
$554,066
Days on Market
34 days
Sold listings
28
Min Sold Price
$229,900
Max Sold Price
$975,000
Avg Sold Price
$530,200
Days until Sold
29 days

Nearby Places

Name
Type
Address
Distance
Canadian Tire
Car repair
9940 Macleod Trail SE
1.1 km
Bishop Grandin High School
School
111 Haddon Rd SW
1.1 km
Boston Pizza
Restaurant
10456 Southport Rd SW
1.1 km
Delta Calgary South
Lodging
135 Southland Dr SE
1.2 km
Southcentre Mall
Store
100 Anderson Rd SE #142
2.0 km
Calgary Board Of Education - Dr. E.P. Scarlett High School
School
220 Canterbury Dr SW
2.1 km
Heritage Park Historical Village
Museum
1900 Heritage Dr SW
2.3 km
Cactus Club Cafe
Restaurant
7010 Macleod Trail South
2.9 km
Bolero
Restaurant
6920 Macleod Trail S
3.0 km
Calgary Farmers' Market
Grocery or supermarket
510 77 Ave SE
3.1 km
Chinook Centre
Shopping mall
6455 Macleod Trail Southwest
3.5 km
Calgary Girl's School
School
6304 Larkspur Way SW
4.1 km
Additional Information about 9751 Elbow Drive Sw

This House at 9751 Elbow Drive Sw Calgary, AB with MLS Number a2178062 which includes 3 beds, 2 baths and approximately 1000.23 sq.ft. of living area listed on Calgary market by Justin War- RE/MAX House of Real Estate at $995,000 6 days ago.

We have found 6 Houses that closely match the specifications of the property located at 9751 Elbow Drive Sw with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 599,900 and 1,149,900.

The current price of the property is $995,000, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 17% down payment, the total amount borrowed would be $825,850. This would result in a monthly mortgage payment of $4,653 over a 25-year amortization period.

More Details?
Justin Warthe
  • Justin Warthe
  • RE/MAX House of Real Estate
  • 403-620-8746
  • WebSite