Dedication | Focus | Loyalty
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Active
$1,250,000
196 Gordon Drive SW
Glamorgan, Calgary
MLS® #A2333639
- 10 Beds
- 4 Baths
- 2,514 Sqft
- 7,471 square feet
- Built 1968
- Multi-family
- ✓ 4+ Parking Spaces
- ✓ Air Conditioning
- ✓ Spacious Layout
- ✓ Real Lot Size Listed
A rare opportunity to acquire a purpose-built 4plex in the established community of Glamorgan, sitting on a 7,471 sq ft M-C1 zoned lot. The building features two large (1259 sq ft) upper-level 3-bedroom, 1-bathroom units and large two lower-level 2-bedroom, 1-bathroom units, all four fully tenanted and generating combined gross rent of $6,500/month ($78,000/year). Every unit has its own dedicated laundry and is individually metered for electricity, water, and gas, meaning tenants handle their own utilities entirely with no landlord involvement required. All four units are also equipped with high-efficiency furnaces. The M-C1 zoning adds long-term upside with flexibility for future redevelopment , while the Glamorgan location offers convenient access to Mount Royal University, Westhills/Signal Hill retail, and major routes including Glenmore Trail and Sarcee Trail. A turnkey, low-hassle income property for investors seeking stable cash flow with minimal day-to-day management. (id:66619)
Features
Interior
10 bedrooms, 4 bathrooms, 2,514 sqft
Lot
7,471 square feet
Parking
4 spaces
Heating
Forced air, Natural gas
Cooling
None
Year Built
1968
Location
Nearby schools, walkability, and amenity information is not yet available for this listing.
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Your down payment is under 20%, so mortgage default insurance (e.g. CMHC) will apply — this adds a premium to your mortgage amount, not included in the estimate above. Ask Kirsten or Dius, or check our Resources page, for more information or for help connecting with a mortgage professional for an exact figure.
This is an estimate for illustration purposes only, using standard Canadian mortgage calculation (semi-annual compounding). It does not include property taxes, insurance, mortgage default insurance premiums, or closing costs. Contact a mortgage professional for an accurate quote based on your specific situation.
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Listing data is provided courtesy of the Central Alberta REALTORS® Association (CARA) MLS® System. The information is deemed reliable but not guaranteed accurate.