11416 Elbow Drive Sw, Calgary, Alberta

$1,100,000

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2,157

Square feet

0.15

Acres

About 11416 Elbow Drive Sw

This is an exceptional opportunity to own a legal 4-plex in the highly desirable and well-established Southwood neighborhood, a community known for its mature trees, quiet streets, and close proximity to urban conveniences. Strategically positioned on the NW corner of Sacramento Drive SW and Elbow Drive SW, this property offers unparalleled accessibility. It is just minutes from Anderson Drive and public transit stops along Elbow Drive, ensuring convenience for tenants. Additionally, the Anderson C-Train Station is within walking distance, making this location ideal for commuters and enhancing its appeal to prospective renters. The 4-plex features fully leased 3-bedroom suites, each offering spacious layouts that attract long-term tenants. Each unit is equipped with its own private exterior storage shed, providing tenants with additional space and functionality. The property also boasts five designated parking stalls at the rear, ensuring ample parking for residents and their guests—an increasingly sought-after feature in urban living. What sets this property apart is its ease of management. Each unit is individually metered, meaning tenants are responsible for their own utilities, which reduces operating costs and simplifies maintenance for the owner. The property’s well-maintained condition ensures low upkeep and a steady, reliable income stream, making it an excellent addition to any investor’s portfolio. Whether you’re a seasoned investor or looking to begin your journey in real estate, this property offers a rare combination of location, functionality, and profitability. Don’t miss your chance to secure a stable and income-producing asset in one of Calgary’s most sought-after neighborhoods!

Features of 11416 Elbow Drive Sw

MLS® # A2193391
Price $1,100,000
Bathrooms 0.00
Square Footage 2,157
Acres 0.15
Year Built 1973
Type Multi-Family
Sub-Type 4 plex
Style Bi-Level, Side by Side
Status Active

Community Information

Address 11416 Elbow Drive Sw
Subdivision Southwood
City Calgary
County Calgary
Province Alberta
Postal Code T2W 2E6

Amenities

Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Appliances Electric Stove, Refrigerator, Washer/Dryer
Fireplace No
Has Basement No

Additional Information

Date Listed February 8th, 2025
Days on Market 16
Zoning M-C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKIC Realty

Listing Map