2820 Morley Trail NW, Calgary, Alberta
$1,350,000
7
Beds
5
Baths
2,104
Square feet
0.14
Acres
About 2820 Morley Trail NW
This unique tri-plex property is a significant revenue generator and prime investment opportunity. With M-C1 zoning for mixed residential developments, it offers the potential for future redevelopment into an apartment complex. The newly renovated features a spacious open kitchen with a large island on the main floor, ideal for hosting. Each of the three large bedrooms on the main level has its own ensuite, ensuring privacy and comfort for guests or tenants. The lower level adds flexibility and convenience with separate entrances, accommodating two legal suites, with bathrooms shared between every two bedrooms. Originally a 4-plex, it now includes four furnaces and four new water tanks for separate meters. The targeted rental income is $3,200 per month for the lower level, while the Airbnb income averages $8,000 per month for the main level. Ample parking includes a large pad suitable for RVs or boats, and additional storage is available with an outdoor shed. Located near a university and high school, this property is an attractive investment and poised for significant cash flow enhancement and future development potential.
MLS® # | A2153791 |
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Price | $1,350,000 |
Bedrooms | 7 |
Bathrooms | 5.00 |
Full Baths | 5 |
Square Footage | 2,104 |
Lot Size | 6,006 |
Year Built | 1957 |
Type | Residential |
Sub-Type | Detached |
Style | Bi-Level, Up/Down |
Status | Active |
Condo Name | Z-name Not Listed |
Community Information
Address | 2820 Morley Trail NW |
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Subdivision | Banff Trail |
City | Calgary |
Zone | Zone CC |
Province | Alberta |
Postal Code | T2M4G7 |
Amenities
Parking Spaces | 5 |
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Parking | Parking Pad, RV Access/Parking |
Interior
Interior Features | Kitchen Island, No Animal Home, No Smoking Home |
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Appliances | Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings |
Heating | Forced Air |
Cooling | Central Air |
Fireplace | Yes |
# of Fireplaces | 1 |
Fireplaces | Wood Burning |
Has Basement | Yes |
Basement | Finished, Full |
Exterior
Exterior Features | Other |
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Lot Description | Low Maintenance Landscape, Landscaped, Level, Rectangular Lot, See Remarks |
Roof | Rolled/Hot Mop |
Construction | Wood Frame |
Foundation | Poured Concrete |
Additional Information
Date Listed | August 1st, 2024 |
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Days on Market | 69 |
Zoning | M-C1 |
Listing Details
Office | Top Producer Realty and Property Management |
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