2820 Morley TRL NW Calgary, AB T2M 4G7
2,104 SqFt
UPDATED:
02/22/2025 10:15 PM
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,104 sqft
Price per Sqft $660
Subdivision Banff Trail
MLS® Listing ID A2196327
Style Bi-Level,Up/Down
Originating Board Calgary
Year Built 1957
Annual Tax Amount $7,264
Tax Year 2024
Lot Size 6,006 Sqft
Acres 0.14
Property Sub-Type Triplex
Property Description
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.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-C1
Rooms
Basement Finished, Full
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Ceramic Tile, Hardwood
Fireplaces Number 4
Fireplaces Type Wood Burning
Furnishings Furnished
Appliance Dryer, Microwave, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings
Laundry In Unit
Exterior
Parking Features Parking Pad, RV Access/Parking
Garage Description Parking Pad, RV Access/Parking
Fence Partial
Community Features Golf, Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Rolled/Hot Mop
Total Parking Spaces 5
Building
Lot Description City Lot, Landscaped, Level, Low Maintenance Landscape, Rectangular Lot, See Remarks
Foundation Poured Concrete
Architectural Style Bi-Level, Up/Down
Level or Stories Bi-Level
Structure Type Wood Frame
Others
Restrictions None Known
Tax ID 95459071
Ownership Private
Virtual Tour https://www.facebook.com/share/v/19sLYRmBDx/?mibextid=wwXIfr