Diane Richardson

Cell: 403-397-3706 |

Embark on a Journey of Unparalleled Luxury: Discover Calgary's Finest Luxury Homes

Welcome to the pinnacle of opulence and extravagance – Calgary's luxury real estate market. Step into a realm where exceptional craftsmanship, lavish designs, and unparalleled amenities redefine the meaning of refined living. Immerse yourself in the world of luxury homes that epitomize elegance, comfort, and exclusivity.

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2820 Morley Trail NW
Banff Trail Calgary T2M 4G7

$1,390,000
Multi-Family 2,104 sq. ft. built: 1957

Main Photo: 2820 Morley Trail NW in Calgary: Banff Trail Triplex for sale : MLS®# A2196327
Photo 1: 2820 Morley Trail NW in Calgary: Banff Trail Triplex for sale : MLS®# A2196327
Photo 2: 2820 Morley Trail NW in Calgary: Banff Trail Triplex for sale : MLS®# A2196327
Photo 3: 2820 Morley Trail NW in Calgary: Banff Trail Triplex for sale : MLS®# A2196327
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Photo 46: 2820 Morley Trail NW in Calgary: Banff Trail Triplex for sale : MLS®# A2196327
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2196327
Year Built:
1957
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 Type:
Multi-Family
Property Sub Type:
Triplex
Transaction Type:
For Sale
Home Style:
Bi-Level, Up/Down
Total Living Area:
2,104.34 sq. ft.
Lot Area:
6,006 sq. ft.
Levels:
Bi-Level
Year built:
1957 (Age: 68)
Bathrooms:
- (Full:-, Half:-)
Plan:
907GS
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
Furnished:
Furnished
Construction Material:
Wood Frame
Structure Type:
Triplex
Roof:
Rolled/Hot Mop
Ensuite:
No
Flooring:
Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplaces:
4
Fireplace Details:
Wood Burning
Garage:
0
Parking:
Parking Pad, RV Access/Parking
Parking Places:
5
Parking Total/Covered:
5 / -
Laundry Features:
In Unit
Banff Trail
Dryer, Microwave, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings
N/A
None Known
Title to Land:
Fee Simple
Community Features:
Golf, Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Exterior Features:
Other
Lot Features:
City Lot, Landscaped, Level, Low Maintenance Landscape, Rectangular Lot, See Remarks
Num. of Parcels:
0
Fencing:
Partial
Nearest Town:
Calgary
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
Feb 21, 2025
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Listed by Top Producer Realty and Property Management
Data was last updated February 22, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,390,000
Min list price:
$899,999
Max list price:
$3,200,000
Avg days on market:
16
Min days on market:
1
Max days on market:
81
Avg price per sq.ft.:
$571.68
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
DIANE RICHARDSON
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.