We use cookies and other technologies for functionality, security, and to provide you with a personalized experience on our online services. By continuing to use our online services, you agree to our Privacy Policy and Terms of Use. For information on how to adjust your privacy settings, visit our Cookie Policy.
Dismiss
Home AB Greater Calgary Calgary Banff Trail
2820 Morley Trail NW
Directions Print
2820 Morley Trail NW $1,320,000
$1,320,000
Hide
Favourite

2820 Morley Trail NW
Calgary, Alberta T2M4G7

MLS® Number: A2196327

Listing Description

Exceptional Multi-Family Investment with High Rental Income PotentialThis spacious 3,786 sqft multi-family property presents a rare investment opportunity. Originally a 4-plex, it has been transformed into an up-and-down triplex, maximizing rental income. Zoned M-C1, one of only four such lots in the community, this property offers both strong rental yields and future redevelopment potential.High-Return Investment: Capitalization Rate of Approx. 6%-8.6%With a projected net rental income of $7,000/month (long-term) or $10,000/month (short-term), this property delivers a strong return on investment. Perfect for Short-Term Rentals or a Daycare BusinessShort-Term Rental Ready: The upper level was professionally renovated for Airbnb operations, featuring an inviting open-concept kitchen with a large island—perfect for hosting guests. The main floor boasts three spacious bedrooms, each with a private ensuite, ensuring privacy and comfort.Daycare Business Potential: With multiple bathrooms, a secure automatic sliding rear door, and a large parking pad, this property is ideal for a childcare facility. Additional storage and outdoor space further enhance functionality.Versatile Layout & Unique FeaturesThe basement level includes separate entrances, allowing for flexible rental arrangements:4 bedrooms, 2 kitchens, and 2 bathroomsIndependent access from both ends of the houseMultiple utility installations for efficiencyAdditional Highlights? 7 bedrooms & 5 full bathrooms?? 4 furnaces, 4 water tanks & 4 electric meters?? 3 kitchens & 2 laundry rooms?? Commercial air conditioning for optimal comfort?? Large parking pad (fits up to 4 cars, plus RV/boat space)With its strong rental cash flow, rare zoning, and flexibility for multiple business models, this property is a high-performing investment in a sought-after community. (30136347)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Banff Trail
Subdivision Name
Banff Trail
Title
Freehold
Land Size
558 m2|4,051 - 7,250 sqft
Built in
1957
Annual Property Taxes
$7,264
Parking Type
Parking Pad, RV
Time on REALTOR.ca
30 days

Building

Interior Features
Appliances Included
Washer, Refrigerator, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Flooring
Ceramic Tile, Hardwood
Basement Type
Full (Finished)
Building Features
Features
See remarks, Level
Foundation Type
Poured Concrete
Style
Attached
Architecture Style
Bi-level
Construction Material
Wood frame
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air, (Natural gas)
Neighbourhood Features
Community Features
Golf Course Development
Amenities Nearby
Golf Course, Park, Schools, Shopping
Parking
Parking Type
Parking Pad, RV
Total Parking Spaces
5

Measurements

Square Footage
2107 sqft
Total Finished Area
2107 sqft

Land

Lot Features
Fencing
Partially fenced
Landscape Features
Landscaped
Other Property Information
Zoning Description
M-C1
Data provided by: Pillar 9™

Similar Listings

Vivian Lee