7504 Elbow Drive SW, Calgary, AB

About 7504 Elbow Drive SW

Brand new 14-unit multifamily investment opportunity in southwest Calgary! Offering a versatile mix of suites, modern construction and investor-friendly design, this property is built for long-term rental appeal. The unit mix includes three 1-bedroom basement suites, three upper units featuring 3 bedrooms plus bonus rooms, four upper 2-bedroom units and four 2-bedroom basement suites. Each unit has its own mechanical room and separate utilities, offering efficient operation and individual utility management. All upper units feature air conditioning, while the property also includes 7 parking stalls and 4 storage lockers. Ideally located along Elbow Drive SW in an established southwest community, residents enjoy convenient access to shopping, restaurants, schools, public transit and major commuter routes. Chinook Centre and the surrounding commercial amenities are just a short drive away, making this a convenient location for a variety of tenants. An exceptional opportunity to acquire a brand-new multifamily asset with a diverse suite mix, modern systems and the added benefit of an assumable mortgage at a rate below current market offerings, subject to lender approval and applicable terms. (id:67882)

How 7504 Elbow Drive SW compares to Kingsland

• $515 per sq ft, 17% above the Kingsland median of $439.
• Listed 20 days, against a Kingsland average of 55 days.

Home details

Property type

Multi-family

Taxes

$7,846 / year

Days on market

20