196 Gordon Drive SW, Calgary, AB, T3E 3W6

MLS® # A2322917

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Investment For Sale In Glamorgan, Calgary, Alberta

$1,250,000

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196 Gordon Drive SW, Calgary, AB, T3E 3W6

$1,250,000

Property Information:

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.

Inclusions: Outdoor Shed, Rain Barrel

Building Features:

Total Finished Area: 2514.13

Property Features:

Built in: 1968
Construction Materials: Brick, Stucco
Cooling: None
Floor Space (approx): 2514.13 Square Feet
Foundation Details: Poured Concrete
Heating: Forced Air
Lot Size: 7470.00 Square Feet
Roof: Membrane
Zoning: M-C1
No. of Parking Spaces: 4

Courtesy of: eXp Realty

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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