ATTENTION BUILDERS & INVESTORS WITH THE DESIRE FOR THE IDEAL INVESTMENT OPPORTUNITY! | WILL INCLUDE APPROVED DP FOR 10 UNITS IN PURCHASE PRICE. PERFECT FOR PURPOSE BUILT RENTAL! | THE PERFECT PROJECT FOR CMHC- MLI SELECT FINANCING | ENJOY THE OPPORTUNITY OF AS LITTLE AS 5% DOWN + 50 YEAR AMORTIZATION = STRONG ROI!! Imagine the opportunity to build a highly sought-after, income-generating 5-plex + 5 legal basement suites in the desirable Haysboro community – a project that could deliver substantial returns while providing a fresh, modern housing option for Calgary’s rental market.This project envisions five carefully designed, upscale units, each with a fully legal, self-contained basement suite. With Calgary's rental demand on the rise, this multi-family layout offers a unique approach: dual-income streams per unit. Picture each primary suite featuring an open, inviting floor plan with three bedrooms, a high-end kitchen, and a welcoming living space, ideal for young professionals or families. Below each unit, a fully legal basement suite with a separate entrance and designated parking offers a private, one-bedroom retreat that appeals to tenants looking for affordability without sacrificing comfort.Building this 5-plex with five legal suites positions you to tap into a robust rental market in Haysboro, a community known for its proximity to transit, shopping, schools, and parks. This location enhances tenant appeal and supports long-term occupancy, which is essential for maximizing revenue.Beyond the income potential, constructing this type of property aligns with Calgary's increased demand for higher-density housing, especially in established neighborhoods. By developing this project, you'll not only be addressing a crucial housing need but also creating a valuable asset that promises both stability and growth in one of Calgary's strongest rental markets. (id:53676)
Bathroom Total | 2 | Bedrooms Above Ground | 3 |
Bedrooms Total | 3 | Appliances | Refrigerator, Dishwasher, Stove, Microwave |
Architectural Style | Bungalow | Basement Development | Finished |
Basement Type | Full (finished) | Constructed Date | 1958 |
Construction Material | Wood Frame | Construction Style Attachment | Detached |
Cooling Type | See Remarks | Exterior Finish | Stucco, Vinyl Siding |
Fireplace Present | Yes | Fireplace Total | 1 |
Flooring Type | Carpeted, Ceramic Tile, Hardwood | Foundation Type | Poured Concrete |
Heating Type | Forced Air | Stories Total | 1 |
Size Interior | 1000.23 Sqft | Total Finished Area | 1000.23 Sqft |
Type | House |
Detached Garage | 1 |
Acreage | No | Fence Type | Fence |
Land Amenities | Park, Playground, Schools, Shopping | Landscape Features | Landscaped |
Size Depth | 36.61 M | Size Frontage | 15.24 M |
Size Irregular | 558.00 | Size Total | 558 M2|4,051 - 7,250 Sqft |
Size Total Text | 558 M2|4,051 - 7,250 Sqft | Zoning Description | H-go |
Level | Type | Dimensions |
---|---|---|
Basement | Recreational, Games Room | 31.00 Ft x 11.50 Ft |
Basement | Storage | 6.50 Ft x 6.00 Ft |
Basement | Laundry Room | 16.00 Ft x 11.00 Ft |
Basement | 3pc Bathroom | 6.00 Ft x 5.50 Ft |
Main Level | Other | 16.50 Ft x 11.50 Ft |
Main Level | Living Room | 18.50 Ft x 12.50 Ft |
Main Level | Primary Bedroom | 13.00 Ft x 11.50 Ft |
Main Level | Bedroom | 10.00 Ft x 8.50 Ft |
Main Level | Bedroom | 10.00 Ft x 8.00 Ft |
Main Level | 4pc Bathroom | 8.00 Ft x 5.00 Ft |
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