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:32467)

Ammenities Near By

• Ammenities Near By: Park, Playground, Schools, Shopping

Building

• Appliances: Refrigerator, Dishwasher, Stove, Microwave
• Architectural Style: Bungalow
• Basement Development: Finished
• Basement Type: Full (Finished)
• Construction Style: Detached
• Cooling Type: See Remarks
• Exterior Finish: Stucco, Vinyl siding
• Fireplace: Yes
• Flooring Type: Carpeted, Ceramic Tile, Hardwood
• Interior Size: 1000.23 sqft
• Building Type: House
• Stories: 1

Features

• Feature: Treed

Land

• Land Size: 558 m2|4,051 - 7,250 sqft

Ownership

• Type: Freehold

Zoning

• Description: H-GO

Information entered by RE/MAX House of Real Estate
Listing information last updated on: 2024-11-18 17:36:53