2820 Morley Trail Nw, Calgary, Alberta

$1,490,000

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7

Beds

5

Baths

2,104

Square feet

0.14

Acres

About 2820 Morley Trail Nw

This unique property stands out as a substantial revenue generator and a prime investment opportunity, with its M-C1 zoning designated for mixed residential developments and the potential for future redevelopment into an apartment complex. Having been renovated by a professional designer, it is optimized for short-term rentals. The property features a spacious open kitchen with a large island on the main floor, ideal for hosting. Each of the three large bedrooms on this level includes its own ensuite, ensuring privacy and comfort for guests or tenants. The basement offers additional flexibility and convenience with separate entrances, accommodating four bedrooms, a kitchen, and two bathrooms. Originally a 4-plex and renovated into an up-and-down duplex, the property now includes distinctive attributes such as 7 bedrooms, 5 bathrooms, multiple utility installations, dual laundry facilities, a commercial air conditioner, and an automatic sliding glass door at the rear. Parking is ample, with a large pad suitable for RVs or boats, and extra storage is provided by an outdoor shed. With potential rental income ranging from approximately $8,000 to $10,000 a month, this property is not only an attractive investment but also poised for significant cash flow enhancement and future development potential.

Features of 2820 Morley Trail Nw

MLS® # A2127601
Price $1,490,000
Bedrooms 7
Bathrooms 5.00
Full Baths 5
Square Footage 2,104
Acres 0.14
Year Built 1957
Type Residential
Sub-Type Duplex
Style Bi-Level, Up/Down
Status Active

Community Information

Address 2820 Morley Trail Nw
Subdivision Banff Trail
City Calgary
County Calgary
Province Alberta
Postal Code T2M4G7

Amenities

Parking Spaces 5
Parking Parking Pad, RV Access/Parking
Is Waterfront No
Has Pool No

Interior

Interior Features Kitchen Island, No Animal Home, No Smoking Home
Appliances Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings
Heating Forced Air
Cooling Central Air
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood Burning
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Features Other
Lot Description Low Maintenance Landscape, Landscaped, Level, Rectangular Lot, See Remarks
Roof Rolled/Hot Mop
Construction Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed May 2nd, 2024
Days on Market 14
Zoning M-C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeTop Producer Realty and Property Management

Listing Map