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  • * $1,490,000
  • Built1957
  • DOM14
$1,490,000

2820 Morley Trail Nw, Banff Trail in Calgary, AB

This is a Commercial Listing.

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2820 Morley Trail Nw, Banff Trail in Calgary

This property is a standout investment opportunity and a significant revenue generator, thanks to its M-C1 zoning, which supports mixed residential developments and the possibility of future transformation into an apartment complex. Renovated by a professional designer, the property is ideally configured for short-term rentals. It boasts a large open kitchen with an expansive island on the main floor, perfect for entertaining. The three spacious bedrooms on this level each come with their own ensuite, providing privacy and comfort for guests or tenants. The basement enhances the property's versatility with its separate entrances, four bedrooms, a kitchen, and two bathrooms. Originally a 4-plex, the property now features 7 bedrooms, 5 bathrooms, multiple utility setups, dual laundry areas, a commercial-grade air conditioner, and an automated sliding glass door at the back. There is plentiful parking, including a large pad suitable for RVs or boats, and additional storage in an outdoor shed. With a potential rental income of approximately $8,000 to $10,000 per month, It is a potential extra income from parking space. This property not only offers a lucrative investment but also significant potential for cash flow growth and future development.

$1,490,000
2820 Morley Trail Nw, Calgary, Alberta

Essential Information

  • MLS® #A2132092
  • Price$1,490,000
  • Price per Sqft409
  • Price Per SqFt$409
  • Bathrooms0.00
  • Acres0.14
  • Year Built1957
  • TypeCommercial
  • Sub-TypeMulti Family
  • StatusActive
  • Days on Market14

Amenities

  • Parking Spaces4

Additional Information

  • ZoningM-C1

Community Information

  • Address2820 Morley Trail Nw
  • SubdivisionBanff Trail
  • CityCalgary
  • ProvinceCalgary
  • Postal CodeT2M4G7

Exterior

  • Lot Size Square Feet6006.00

Listing Details

  • Listing OfficeTop Producer Realty and Property Management
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