2820 Morley Trail NW - MLS® # A2127601

Property Details

List Price:
$1,490,000
Living Area:
2,104 sqft.
Bedrooms:
7
Bathrooms:
5
Lot Size Area:
6006 sq.ft.
Taxes:
N/A
Type:
Full Duplex
Style:
Bi-Level, Up/Down
Basement:
Finished, Full
Year Built:
1957

Description

This unique property stands out as a substantial revenue generator and a prime investment opportunity, with its M-C1 zoning designated for mixed residential developments and the potential for future redevelopment into an apartment complex. Having been renovated by a professional designer, it is optimized for short-term rentals. The property features a spacious open kitchen with a large island on the main floor, ideal for hosting. Each of the three large bedrooms on this level includes its own ensuite, ensuring privacy and comfort for guests or tenants. The basement offers additional flexibility and convenience with separate entrances, accommodating four bedrooms, a kitchen, and two bathrooms. Originally a 4-plex and renovated into an up-and-down duplex, the property now includes distinctive attributes such as 7 bedrooms, 5 bathrooms, multiple utility installations, dual laundry facilities, a commercial air conditioner, and an automatic sliding glass door at the rear. Parking is ample, with a large pad suitable for RVs or boats, and extra storage is provided by an outdoor shed. With potential rental income ranging from approximately $8,000 to $10,000 a month, this property is not only an attractive investment but also poised for significant cash flow enhancement and future development potential.

Features

Other

Listing Provided By

Top Producer Realty and Property Management

Neighborhood Info

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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 Real Estate Listing provided by
  • Oleg Lutso
  • 403 708 1777
  • 403 247 5178
  • INFO@OLEGLUTSO.COM
  • RE/MAX Real Estate Mountain View
  • 4625 Varsity Dr NW #222,
  • Calgary, AB
  • T3A 0Z9