11440 Elbow Drive SW, CALGARY

2026-07-05
 

Quick Summary

Location
11440 Elbow Drive SW, CALGARY, Alberta T2W2E6
Price
$1,150,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
2473 sqft
Garages:
6
Year of Construction:
1973
Video Link:

MLS®#A2326477

Property Description

**LEGAL, PURPOSE-BUILT FOURPLEX | TURN-KEY MULTI-FAMILY INVESTMENT | WALK-OUT DUPLEX DESIGN | SEPARATELY METERED**Exceptional opportunity to own a legal, purpose-built fourplex in the highly desirable Southwest community of Southwood. This well-maintained, turnkey investment property features four self-contained 3-bedroom units, each with a private entrance, walk-out lower level, in-suite laundry, separate utilities, and individual metering—offering an attractive, low-maintenance investment for both seasoned and first-time investors.Each suite is equipped with its own dedicated furnace, hot water tank, full-size washer and dryer, and six newer appliances, all in good working order. The separately metered design helps minimize owner operating costs while providing convenience for tenants.The property includes four assigned parking stalls, each with an electrical plug-in, plus two visitor parking stalls.Conveniently located with excellent access to public transportation, the #37 City Bus stops just outside the property, while Anderson LRT Station is only four blocks away. Schools, shopping, parks, and everyday amenities are all just minutes from the doorstep, making this a highly desirable location for tenants.Proudly self-managed by the current owner, this property generates $67,200 in annual rental income. Three units are secured with one-year leases, while one exceptional long-term tenant of 11 years is currently on a month-to-month tenancy, providing stable cash flow and simplified property management. All units are in good clean condition.A rare opportunity to acquire a fully leased, income-producing multi-family property in an established, high-demand rental location. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Schools, Shopping

Building

  • Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Water Heater - Gas
  • Architectural Style: Bungalow
  • Basement Development: Finished
  • Basement Features: Walk out
  • Basement Type: Full (Finished)
  • Cooling Type: None
  • Exterior Finish: Brick, Concrete, Stucco
  • Fireplace: No
  • Flooring Type: Laminate, Tile, Vinyl Plank
  • Interior Size: 2473 sqft
  • Building Type: Multi-Family
  • Stories: 1
  • Utility Water: Municipal water

Features

  • Feature: Back lane, Wood windows, PVC window, No Smoking Home, Level

Land

  • Land Size: 613 m2|4,051 - 7,250 sqft

Ownership

  • Type: Freehold

Structure

  • Structure: None, See Remarks

Zoning

  • Description: MR

Information entered by Comox Realty
Listing information last updated on: 2026-07-05 14:59:55


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$500,000

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One Percent Realty's top FAQs

Q
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

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What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.


Learn more about the One Percent Realty Deal

 

April Isaac Associate

Phone:
403-888-4003
Email:
aprilonepercent@gmail.com
Support Area:
CALGARY, SOUTH EAST CALGARY, SOUTH WEST CALGARY, NORTH CALGARY, NORTH EAST CALGARY, NORTH WEST CALGARY, EAST CALGARY, WEST CALGARY, AIRDRIE, COCHRANE, OKOTOKS, CHESTERMERE, STRATHMORE, GREATER CALGARY AREA, ROCKYVIEW, DIDSBURY, LANGDON

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Anna Madden Associate

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587-830-2405
Email:
anna.madden05@gmail.com
Support Area:
Calgary, Airdrie, Cochrane, chestermere, Langdon, Okotoks, High river, Olds, Rocky View, Foothills

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403-619-0621
Email:
homesbydabs@gmail.com
Support Area:
Calgary Southwest, Calgary Southeast, Calgary Northwest, Calgary Northeast, Okotoks, Chestermere:, Airdrie, Olds, Cochrane

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