2820 Morley Trail NW
Calgary
T2M 4G7
$1,350,000
Residential
beds: 7
baths: 5.0
2,104 sq. ft.
built: 1957
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- A2153791
- Bedrooms:
- 7
- Bathrooms:
- 5
- Year Built:
- 1957
- Photos (45)
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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.
- Property Type:
- Residential
- Property Sub Type:
- Detached
- Condo Type:
- Not a Condo
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Suite:
- Suite - Legal
- Home Style:
- Bi-Level, Up/Down
- Total Living Area:
- 2,104.34 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 6,006 sq. ft.
- Lot Frontage:
- 50'
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
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- Acres Freehold:
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- Acres Seeded:
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- Acres Tame Hay:
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- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Front Exposure:
- Southwest
- Reg. Size:
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- Reg. Size Includes:
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- Levels:
- One
- End Unit:
- No Common Walls
- Total Rooms Above Grade:
- 5
- Year built:
- 1957 (Age: 67)
- Bedrooms:
- 7 (Above Grd: 3)
- Bedrooms Above Grade:
- 3
- Bedrooms Below Grade:
- 4
- Bathrooms:
- 5.0 (Full:5, Half:0)
- Plan:
- 907GS
- Heating:
- Forced Air
- Basement:
- Finished, Full
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Wood Frame
- Structure Type:
- House
- Roof:
- Rolled/Hot Mop
- Ensuite:
- Yes
- Flooring:
- Ceramic Tile, Hardwood
- Cooling:
- Central Air
- Fireplaces:
- 1
- Fireplace Details:
- Wood Burning
- Garage:
- 0
- Parking:
- Parking Pad, RV Access/Parking
- Parking Places:
- 5.0
- Parking Total/Covered:
- 5 / -
- Laundry Features:
- In Unit
- Z-name Not Listed
- Banff Trail
- Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings
- N/A
- None Known
- Floor
- Type
- Size
- Other
- Main Floor
- Living Room
- 14'5" × 12'10"
- Main Floor
- Bedroom - Primary
- 14'5" × 13'1"
- Main Floor
- Bedroom
- 21' × 14'5"
- Main Floor
- Bedroom
- 21' × 11'2"
- Main Floor
- Storage
- 5'7" × 5'3"
- Main Floor
- Kitchen
- 14'9" × 10'10"
- Main Floor
- Laundry
- 8'10" × 5'3"
- Lower Level
- Laundry
- 11'2" × 10'2"
- Lower Level
- Bedroom
- 11'6" × 10'2"
- Lower Level
- Bedroom
- 13'9" × 12'10"
- Lower Level
- Kitchen
- 13'9" × 9'10"
- Lower Level
- Bedroom
- 13'9" × 10'2"
- Lower Level
- Bedroom
- 13'9" × 10'2"
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- Yes
- 4
- 0' x 0'
- Main Floor
- Yes
- 4
- 0' x 0'
- Main Floor
- Yes
- 4
- 0' x 0'
- Lower Level
- No
- 3
- 0' x 0'
- Lower Level
- No
- 3
- 0' x 0'
- Title to Land:
- Fee Simple
- Community Features:
- Golf, Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Interior Features:
- Kitchen Island, No Animal Home, No Smoking Home
- Exterior Features:
- Other
- Patio And Porch Features:
- Deck
- Lot Features:
- Low Maintenance Landscape, Landscaped, Level, Rectangular Lot, See Remarks
- Num. of Parcels:
- 0
- Fencing:
- Partial
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-C1
- Listed Date:
- Aug 01, 2024
- Days on Mkt:
- Signup
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Listed by Top Producer Realty and Property Management
Data was last updated October 31, 2024 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 15
- Avg list price:
- $1,119,000
- Min list price:
- $259,900
- Max list price:
- $2,050,000
- Avg days on market:
- 41
- Min days on market:
- 7
- Max days on market:
- 90
- Avg price per sq.ft.:
- $586.41
These statistics are generated based on the current listing's property type
and located in
Banff Trail. Average values are
derived using median calculations.
- Stewart J (Stu) Lowe Calgary Dream Homes
- Real Estate Professionals Inc
- 1 (403) 850 0669
- info@calgarydreamhomes.com