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196 Gordon Drive Sw Calgary, Alberta T3E 3W6

$1,250,000

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A rare opportunity to acquire a purpose-built 4plex in the established community of Glamorgan, sitting on a 7,490 sq ft M-C1 zoned lot. The building features two upper-level 3-bedroom, 1-bathroom units and 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:37074)

Property Features

Cooling: None Heating: Forced Air

Property Details

MLS® Number A2322917
Property Type Multi-family
Neigbourhood Southwest Calgary
Community Name Glamorgan
Parking Space Total 4
Plan 5770jk

Building

Appliances Refrigerator, Range - Electric, Dishwasher, Hood Fan
Constructed Date 1968
Cooling Type None
Exterior Finish Brick, Stucco
Foundation Type Poured Concrete
Heating Type Forced Air
Size Interior 2,514 Ft2
Total Finished Area 2514.13 Sqft
Type Multi-family

Land

Acreage No
Size Irregular 694.00
Size Total 694 M2|7,251 - 10,889 Sqft
Size Total Text 694 M2|7,251 - 10,889 Sqft
Zoning Description M-c1

When you contact Maverick Group, the best realtors in Airdrie, you will know that you are working with an agent and team who focuses on you and your needs. We will be with you every step of the way. From buying and selling to rental properties and relocation, we deliver results in the Airdrie real estate market and are ready to assist you with all of your real estate needs.

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Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.

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