7504 Elbow Drive SW Calgary, Alberta T2V 1K1

$5,600,000

Brand new 14-unit multifamily investment opportunity in southwest Calgary! Offering a versatile mix of suites, modern construction and investor-friendly design, this property is built for long-term rental appeal. The unit mix includes three 1-bedroom basement suites, three upper units featuring 3 bedrooms plus bonus rooms, four upper 2-bedroom units and four 2-bedroom basement suites. Each unit has its own mechanical room and separate utilities, offering efficient operation and individual utility management. All upper units feature air conditioning, while the property also includes 7 parking stalls and 4 storage lockers. Ideally located along Elbow Drive SW in an established southwest community, residents enjoy convenient access to shopping, restaurants, schools, public transit and major commuter routes. Chinook Centre and the surrounding commercial amenities are just a short drive away, making this a convenient location for a variety of tenants. An exceptional opportunity to acquire a brand-new multifamily asset with a diverse suite mix, modern systems and the added benefit of an assumable mortgage at a rate below current market offerings, subject to lender approval and applicable terms. (id:22455)

Property Details

MLS® Number	A2354025
Property Type	Multi-family
Community Name	Kingsland
Parking Space Total	7
Plan	3215hg

Building

Constructed Date	2026
Size Exterior	10872 Sqft
Size Interior	10,872 Sqft
Total Finished Area	10872 Sqft
Type	Multi-family

Land

Acreage	No
Size Irregular	848.00
Size Total	848 M2|7,251 - 10,889 Sqft
Size Total Text	848 M2|7,251 - 10,889 Sqft
Zoning Description	H-go

https://www.realtor.ca/real-estate/30432382/7504-elbow-drive-sw-calgary-kingsland