2820 Morley Trail NWCalgary, AB T2M 4G7
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Exceptional Multi-Family Investment with High Rental Income Potential This spacious 3,786 sqft multi-family property presents a rare investment opportunity. Originally a 4-plex, it has been transformed into an up-and-down triplex, maximizing rental income. Zoned M-C1, one of only four such lots in the community, this property offers both strong rental yields and future redevelopment potential. High-Return Investment: Capitalization Rate of Approx. 6%-8.6% With a projected net rental income of $7,000/month (long-term) or $10,000/month (short-term), this property delivers a strong return on investment. Perfect for Short-Term Rentals or a Daycare Business Short-Term Rental Ready: The upper level was professionally renovated for Airbnb operations, featuring an inviting open-concept kitchen with a large island—perfect for hosting guests. The main floor boasts three spacious bedrooms, each with a private ensuite, ensuring privacy and comfort. Daycare Business Potential: With multiple bathrooms, a secure automatic sliding rear door, and a large parking pad, this property is ideal for a childcare facility. Additional storage and outdoor space further enhance functionality. Versatile Layout & Unique Features The basement level includes separate entrances, allowing for flexible rental arrangements: 4 bedrooms, 2 kitchens, and 2 bathrooms Independent access from both ends of the house Multiple utility installations for efficiency Additional Highlights ? 7 bedrooms & 5 full bathrooms?? 4 furnaces, 4 water tanks & 4 electric meters?? 3 kitchens & 2 laundry rooms?? Commercial air conditioning for optimal comfort?? Large parking pad (fits up to 4 cars, plus RV/boat space) With its strong rental cash flow, rare zoning, and flexibility for multiple business models, this property is a high-performing investment in a sought-after community.
yesterday | Listing updated with changes from the MLS® | |
yesterday | Listing first seen on site |
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Listing information is provided by Participants of the Alberta One Realty Listing Services (Pillar 9). IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Alberta One Realty Listing Services (Pillar 9)
Last checked 2025-02-22 09:07 PM UTC
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