11440 Elbow DR SW, Calgary, AB T2W2E6
11440 Elbow DR SW, Calgary, AB T2W2E6
11440 Elbow DR SW, Calgary, AB T2W2E6
11440 Elbow DR SW, Calgary, AB T2W2E6
11440 Elbow DR SW, Calgary, AB T2W2E6
11440 Elbow DR SW, Calgary, AB T2W2E6
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Est.Price: ?

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Est. payment /mo

2,472 SqFt


Key Details

Sold Price -

Property Type Multi-Family

Sub Type 4 plex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,472 sqft

Subdivision Southwood

MLS® Listing ID A2326477

Sold Date -

Style Attached-Up/Down,Bungalow

Year Built 1973

Annual Tax Amount $6,849

Tax Year 2026

Lot Size 6,598 Sqft

Acres 0.15

Property Sub-Type 4 plex

Source Calgary

Property Description

**LEGAL, PURPOSE-BUILT FOURPLEX | TURN-KEY MULTI-FAMILY INVESTMENT | WALK-OUT DUPLEX DESIGN | SEPARATELY METERED**

Exceptional opportunity to own a legal, purpose-built fourplex in the highly desirable Southwest community of Southwood. This well-maintained, turnkey investment property features four self-contained 3-bedroom units, each with a private entrance, walk-out lower level, in-suite laundry, separate utilities, and individual metering—offering an attractive, low-maintenance investment for both seasoned and first-time investors.

Each suite is equipped with its own dedicated furnace, hot water tank, full-size washer and dryer, and six newer appliances, all in good working order. The separately metered design helps minimize owner operating costs while providing convenience for tenants.

The property includes four assigned parking stalls, each with an electrical plug-in, plus two visitor parking stalls.

Conveniently located with excellent access to public transportation, the #37 City Bus stops just outside the property, while Anderson LRT Station is only four blocks away. Schools, shopping, parks, and everyday amenities are all just minutes from the doorstep, making this a highly desirable location for tenants.

Proudly self-managed by the current owner, this property generates $67,200 in annual rental income. Two units are secured with one-year leases, while one exceptional long-term tenant of 11 years is currently on a month-to-month tenancy, as well as another long term tenant is also on a month to month tenancy providing stable cash flow and simplified property management. All units are in good clean condition.

A rare opportunity to acquire a fully leased, income-producing multi-family property in an established, high-demand rental location.

Location

Province AB

County Calgary

Area Cal Zone S

Zoning MR

Rooms

Basement Full

Interior

Interior Features Ceiling Fan(s), Granite Counters, Laminate Counters, No Smoking Home, Separate Entrance, Vinyl Windows, Wood Windows

Heating Forced Air, Natural Gas

Cooling None

Flooring Laminate, Tile, Vinyl Plank

Appliance Dishwasher, Dryer, Electric Stove, Gas Water Heater, Refrigerator, Washer, Window Coverings

Laundry In Unit

Exterior

Parking Features Additional Parking, Alley Access, Asphalt, Assigned, Guest, Off Street, Plug-In, Stall

Fence Fenced

Community Features Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Rolled/Hot Mop

Porch Patio, See Remarks

Lot Frontage 60.17

Total Parking Spaces 6

Building

Lot Description Back Lane, Few Trees, Interior Lot, Level, Low Maintenance Landscape, Rectangular Lot, Street Lighting

Story 1

Foundation Poured Concrete

Water Public

Architectural Style Attached-Up/Down, Bungalow

Level or Stories One

Structure Type Brick,Concrete,Stucco

Others

Restrictions Non-Smoking Building,Pets Allowed,Rental

Tax ID 112531124

Ownership Private

Pets Allowed Yes

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Justin Newman

Justin Newman

HappyHouseHunting.ca

+1(403) 668-1272

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Listed by Comox Realty
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Justin Newman

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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Justin was prompt with his responses and clear with expectation for the process. It was a smooth and enjoyable selling experience with him. I have worked with couple other realtors before and I can say with confident Justin would be who I will use for any of my future transaction.

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