2820 Morley TRL NW new Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2M 4G7
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,104 sqft
Price per Sqft $660
Subdivision Banff Trail
MLS Listing ID A2196327
Style Bi-Level,Up/Down
Year Built 1957
Annual Tax Amount $7,264
Tax Year 2024
Lot Size 6,006 Sqft
Property Sub-Type Triplex
Property Description
Exceptional Multi-Family Investment with High Rental Income Potential
This 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 Business
Short-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 Features
The basement level includes separate entrances, allowing for flexible rental arrangements:
4 bedrooms, 2 kitchens, and 2 bathrooms
Independent access from both ends of the house
Multiple utility installations for efficiency
Additional 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.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-C1
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Flooring Ceramic Tile,Hardwood
Fireplaces Number 4
Fireplaces Type Wood Burning
Laundry In Unit
Exterior
Parking Features Parking Pad,RV Access/Parking
Garage Description Parking Pad,RV Access/Parking
Fence Partial
Community Features Golf,Park,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
Roof Type Rolled/Hot Mop
Building
Lot Description City Lot,Landscaped,Level,Low Maintenance Landscape,Rectangular Lot,See Remarks
Foundation Poured Concrete
Structure Type Wood Frame
Others
Virtual Tour https://www.facebook.com/share/v/19sLYRmBDx/?mibextid=wwXIfr