Property Details

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Featured in:

Winners:

3104 41 Street SW
Calgary (A2239481)

$1,200,000
2,584 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Opportunity awaits in the desirable community of Glenbrook! Welcome to 3104 41 Street SW, a well-located and versatile fourplex situated on a large 75’ x 120’ corner (8984 sq.ft) corner lot, providing excellent redevelopment potential or a strong long-term hold. This property features 4 spacious suites, two offering 2 bedrooms and two offering 3 bedrooms, all with long-term tenants who would love to stay, providing reliable income from day one. Built in 1973, this bilevel fourplex offers approximately 50 years of rental history and could be revitalized to add value or redeveloped entirely to match the exciting transformation happening in this sought-after neighbourhood. The site is designated Multi-Residential (MR), allowing for flexible redevelopment options including various multi-unit configurations (subject to city approval). The prominent corner location at 41 Street SW and 30 Avenue SW provides outstanding frontage, excellent sightlines, and increased design opportunities. This is a prime inner-city redevelopment site in an area experiencing significant infill activity, making it attractive for developers and investors alike. The lot is currently improved with a multi-residential fourplex structure, but its size and configuration create plenty of options for a creative builder looking to maximize the site’s potential. Glenbrook is a mature community known for its accessibility, schools, parks, shopping and transit connections, appealing to families and professionals alike. Downtown Calgary is just minutes away, and the location is close to major roadways while still nestled in a quiet residential setting. The property is currently generating stable rental income from four suites, making it an ideal holding property while redevelopment plans are made. This is your chance to acquire a large, corner redevelopment lot with an income-producing asset in one of Calgary’s popular SW communities. Whether you’re an investor looking for strong income with upside, or a builder seeking your next project, this property represents a compelling opportunity. Bring your vision and design ideas — the possibilities here are extensive!

Property details

Basic Info

MLS® #
A2239481
Property Type:
Multi-Family
Subtype:
4 plex
Subdivision:
Glenbrook
Price
$1,200,000
Sale/Lease:
For Sale
Size:
2,584 sq.ft.
Year Built:
1973 (52 years old)

Building Info

Structure Type:
Four Plex
Garage:
No
Parking:
Off Street, Parking Pad
Fence:
Basement:
See Remarks
Inclusions:
N/A
Patio/Porch Features:
Balcony(s)

Lot / Land Info

Lot Size:
0.21 acres
Water:
Public
Sewer:
Public Sewer
Utilities:
Natural Gas Connected
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt
Exterior:
Brick
Floors:
Carpet, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None

Listing Info

Possession:
Negotiable
Days on Market:
2
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