Property Details
196 Gordon Drive SW
Calgary (A2322917)
Description
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.
Property details
- MLS® #
- A2322917
- Property Type:
- Multi-Family
- Subtype:
- 4 plex
- Subdivision:
- Glamorgan
- Price
- $1,250,000
- Sale/Lease:
- For Sale
- Size:
- 2,514 sq.ft.
- Year Built:
- 1968 (58 years old)
- Structure Type:
- Four Plex
- Garage:
- No
- Fence:
- Basement:
- No
- Inclusions:
- Outdoor Shed, Rain Barrel
- Appliances:
- Dishwasher, Electric Range, Range Hood, Refrigerator
- Lot Size:
- 0 acres
- Zoning:
- M-C1
- Roof:
- Membrane
- Exterior:
- Brick,Stucco
- Foundation:
- Poured Concrete
- Heating:
- Forced Air
- Cooling:
- None
- Possession:
- 30 Days / Neg
- Days on Market:
- 22
Basic Info
Building Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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