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Main Photo: 2820 Morley Trail NW, Calgary
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Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2132092
This property is a standout investment opportunity and a significant revenue generator, thanks to its M-C1 zoning, which supports mixed residential developments and the possibility of future transformation into an apartment complex. Renovated by a professional designer, the property is ideally configured for short-term rentals. It boasts a large open kitchen with an expansive island on the main floor, perfect for entertaining. The three spacious bedrooms on this level each come with their own ensuite, providing privacy and comfort for guests or tenants. The basement enhances the property's versatility with its separate entrances, four bedrooms, a kitchen, and two bathrooms. Originally a 4-plex, the property now features 7 bedrooms, 5 bathrooms, multiple utility setups, dual laundry areas, a commercial-grade air conditioner, and an automated sliding glass door at the back. There is plentiful parking, including a large pad suitable for RVs or boats, and additional storage in an outdoor shed. With a potential rental income of approximately $8,000 to $10,000 per month, It is a potential extra income from parking space. This property not only offers a lucrative investment but also significant potential for cash flow growth and future development.
Property Type:
Commercial
Property Sub Type:
Multi Family
Transaction Type:
For Sale
Lease Term:
Short Term Lease
Possession:
Possession Date:
Total Building Area:
3,640 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,006 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Year built:
1957 (Age: 67)
Bathrooms:
- (Full:-, Half:-)
Plan:
907GS
Structure Type:
Duplex
Ensuite:
No
Garage:
0
Parking Places:
4.0
Parking Total/Covered:
4 / -
Banff Trail
N/A
None Known
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
May 14, 2024
Days on Mkt:
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Listed by Top Producer Realty and Property Management
Data was last updated May 25, 2024 at 06:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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