11 days on Market

2820 Morley Trail, Calgary, Alberta T2M 4G7

Townhouse
-
-
~2104.34 sqft
$1,390,000
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Townhouse
-
-
~2104.34 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$660/sqft

Est. Mortgage$5,969/mo

Tax Amount (2024)$7,264/yr

Days On Market11 days


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.


Property Details

StyleBi-Level,Up/Down
View-
Age of property1957
SqFt~2104.34 SqFt
Lot Size-
Parking Spaces5
MLS ®NumberA2196327
Community NameBanff Trail
Data SourcePILLAR 9
Listing byTop Producer Realty and Property Management

Features

Heating: Forced Air,Natural Gas
Cooling: Central Air
Basement: Finished,Full

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Feb 21, 2025
ListedActive
$1,390,000
11 days on market
history photo preview46
Listing by pillar®
Property listed by Top Producer Realty and Property Management, Brokerage
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Population and Demographics

Overview

Total population 3247
Average household income $156,041

Age (%)

20 to 34
35%
35 to 49
20%
0 to 19
18%
50 to 64
15%
65 and plus
11%

Household composition (%)

Single family
49%
Single person
34%
Multi person
17%
Multi family
0%

Mother tongue (%)

English
78%
Mandarin
6%
Others
4%
Yue (Cantonese)
3%
Spanish
3%
Tagalog (Pilipino, Filipino)
2%
Arabic
1%

House tenancy (%)

Renters
57%
Owners
43%

Schools and amenities

Estimated Budget