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$5,600,000

7504 Elbow Drive SW

Kingsland, Calgary, Alberta

— bed·— bath·Row/Townhouse·MLS® A2354025·Listed today

About this home

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:66681)

Property details

SqFt
10,872 sqft
Year built
2026
Property type
Residential
Parking
7 spaces
Zoning
H-GO
Community
Kingsland
MLS®
A2354025
Days on market
0

Location

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Listing information last updated 1d ago. Provided by the listing brokerage via CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only. Actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$1,120,000 (20%)

Base loan amount$4,480,000

$27,319 / month

First payment: $20,265 interest, $7,054 principal