ATTENTION BUILDERS & INVESTORS WITH THE DESIRE FOR THE IDEAL INVESTMENT OPPORTUNITY! | APPROVED DP FOR 10 UNITS INCLUDED IN PURCHASE PRICE. PERFECT FOR PURPOSE BUILT RENTAL! | THE PERFECT PROJECT FOR CMHC- MLI SELECT FINANCING | ENJOY THE OPPORTUNITY OF AS LITTLE AS 5% DOWN + 50 YEAR AMORTIZATION = STRONG ROI!! Imagine the opportunity to build a highly sought-after, income-generating 5-plex + 5 legal basement suites in the desirable Haysboro community – a project that could deliver substantial returns while providing a fresh, modern housing option for Calgary’s rental market.
This project envisions five carefully designed, upscale units, each with a fully legal, self-contained basement suite. With Calgary's rental demand on the rise, this multi-family layout offers a unique approach: dual-income streams per unit. Picture each primary suite featuring an open, inviting floor plan with three bedrooms, a high-end kitchen, and a welcoming living space, ideal for young professionals or families. Below each unit, a fully legal basement suite with a separate entrance and designated parking offers a private, one-bedroom retreat that appeals to tenants looking for affordability without sacrificing comfort.
Building this 5-plex with five legal suites positions you to tap into a robust rental market in Haysboro, a community known for its proximity to transit, shopping, schools, and parks. This location enhances tenant appeal and supports long-term occupancy, which is essential for maximizing revenue.
Beyond the income potential, constructing this type of property aligns with Calgary's increased demand for higher-density housing, especially in established neighborhoods. By developing this project, you'll not only be addressing a crucial housing need but also creating a valuable asset that promises both stability and growth in one of Calgary's strongest rental markets.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,000.23 sq. ft.92.9 m2
Main Level Finished Area:
1,000.23 sq. ft.92.9 m2
Lot Area:
6,006 sq. ft.558 m2
Lot Frontage:
50'15.2 m
Front Exposure:
East
Levels:
One
Total Rooms Above Grade:
5
Year built:
1958
(Age: 66)
Bedrooms:
3
(Above Grd: 3)
Bedrooms Above Grade:
3
Bedrooms Below Grade:
0
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
4704HL
Heating:
Standard, Forced Air
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Vinyl Siding, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
Other
Fireplaces:
1
Fireplace Details:
Electric
Garage:
1
Garage Spaces:
1
Parking:
Single Garage Detached
Parking Places:
2.0
Parking Total/Covered:
2 /
-
Laundry Features:
In Basement
Haysboro
Dishwasher, Electric Stove, Microwave, Refrigerator
None
None Known
Floor
Type
Size
Other
Main Floor
Kitchen With Eating Area
16'6"5.03 m × 11'6"3.51 m
Main Floor
Living Room
18'6"5.64 m × 12'6"3.81 m
Main Floor
Bedroom - Primary
13'3.96 m × 11'6"3.51 m
Main Floor
Bedroom
10'3.05 m × 8'6"2.59 m
Main Floor
Bedroom
10'3.05 m × 8'2.44 m
Basement
Game Room
31'9.45 m × 11'6"3.51 m
Basement
Storage
6'6"1.98 m × 6'1.83 m
Basement
Laundry
16'4.88 m × 11'3.35 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5' x 8'
Basement
No
3
5'6" x 6'
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Data was last updated November 14, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$349,900
Min list price:
$210,000
Max list price:
$995,000
Avg days on market:
36
Min days on market:
5
Max days on market:
103
Avg price per sq.ft.:
$367.83
These statistics are generated based on the current listing's property type
and located in
Haysboro. Average values are
derived using median calculations.
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™.
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. Used under license.