Diane Richardson

Cell: 403-397-3706 |

Exploring the Freshest Options: New Calgary MLS® Listings

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11416 Elbow Drive SW
Southwood Calgary T2W 2E6

$1,100,000
Multi-Family 2,157 sq. ft. built: 1973

Main Photo: 11416 Elbow Drive SW in Calgary: Southwood 4 plex for sale : MLS®# A2193391
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2193391
Year Built:
1973
This is an exceptional opportunity to own a legal 4-plex in the highly desirable and well-established Southwood neighborhood, a community known for its mature trees, quiet streets, and close proximity to urban conveniences. Strategically positioned on the NW corner of Sacramento Drive SW and Elbow Drive SW, this property offers unparalleled accessibility. It is just minutes from Anderson Drive and public transit stops along Elbow Drive, ensuring convenience for tenants. Additionally, the Anderson C-Train Station is within walking distance, making this location ideal for commuters and enhancing its appeal to prospective renters. The 4-plex features fully leased 3-bedroom suites, each offering spacious layouts that attract long-term tenants. Each unit is equipped with its own private exterior storage shed, providing tenants with additional space and functionality. The property also boasts five designated parking stalls at the rear, ensuring ample parking for residents and their guests—an increasingly sought-after feature in urban living. What sets this property apart is its ease of management. Each unit is individually metered, meaning tenants are responsible for their own utilities, which reduces operating costs and simplifies maintenance for the owner. The property’s well-maintained condition ensures low upkeep and a steady, reliable income stream, making it an excellent addition to any investor’s portfolio. Whether you’re a seasoned investor or looking to begin your journey in real estate, this property offers a rare combination of location, functionality, and profitability. Don’t miss your chance to secure a stable and income-producing asset in one of Calgary’s most sought-after neighborhoods!
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Home Style:
Bi-Level, Side by Side
Total Living Area:
2,156.66 sq. ft.
Lot Area:
6,587 sq. ft.
Levels:
Bi-Level
Year built:
1973 (Age: 52)
Bathrooms:
- (Full:-, Half:-)
Plan:
731047
Structure Type:
Four Plex
Ensuite:
No
Garage:
0
Parking Places:
5
Parking Total/Covered:
5 / -
Southwood
Electric Stove, Refrigerator, Washer/Dryer
dishwasher in Unit A
None Known
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone S
Zoning:
M-C1
Listed Date:
Feb 08, 2025
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Listed by KIC Realty
Data was last updated February 21, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,400,000
Min list price:
$899,999
Max list price:
$3,200,000
Avg days on market:
16
Min days on market:
2
Max days on market:
105
Avg price per sq.ft.:
$568.52
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.