For Sale: 196 Gordon Drive SW, Calgary, AB - REW
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$1,250,000
0 bd • ba • 2515 sf • Fourplex
196 Gordon Drive SW
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$1,250,000
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196 Gordon Drive SWCalgary, AB, T3E 3W6

Glamorgan
  • 0 Bed
  • Bath
  • 2515 Sqft
  • Fourplex

About this home

A rare opportunity to acquire a purpose-built 4plex in the established community of Glamorgan, sitting on a 7,490 sq ft M-C1 zoned lot. The building features two upper-level 3-bedroom, 1-bathroom units and two lower-level 2-bedroom, 1-bathroom units, all four fully tenanted and generating combined gross rent of $6,500/month ($78,000/year). Every unit has its own dedicated laundry and is individually metered for electricity, water, and gas, meaning tenants handle their own utilities entirely with no landlord involvement required. All four units are also equipped with high-efficiency furnaces and newer hot water tanks, reducing near-term capital expenditure risk on a building where mechanical replacements multiply across units. The M-C1 zoning adds long-term upside with flexibility for future redevelopment, while the Glamorgan location offers convenient access to Mount Royal University, Westhills/Signal Hill retail, and major routes including Glenmore Trail and Sarcee Trail. A turnkey, low-hassle income property for investors seeking stable cash flow with minimal day-to-day management.
Listed by: Santhosh Nathan, eXp Realty of Canada

Home facts and features

Price details
List Price
$1,250,000
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Home facts
Bedrooms
0
Full Bathrooms
Property Type
Fourplex
Lot Size
7406 ft²
Year Built
Built in 1968 (58 yrs old)
Heating Type
Forced Air
Appliances
Dishwasher, Electric Range, Range Hood, Refrigerator
Community
Agent details
Primary Agent
Primary Broker
eXp Realty of Canada
Secondary Agent
Secondary Broker
eXp Realty of Canada
Listing details
Days on REW
1 Day
MLS® Number
A2322917
Source
Pillar 9
Board
Calgary Real Estate Board
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Glamorgan School
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  • In Catchment
St. Andrew School
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Swedish Language School
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Connect Charter School
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A. E. Cross School
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Bishop Pinkham School
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Sainte Marguerite Bourgeoys School
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Bishop Carroll High School
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Jennie Elliott School
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New Heights School And Learning Services
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Call Agent
Santhosh Nathan
Phone:
403-262-7653
Office:
403-262-7653
Anthony Therrien-Bernard
Phone:
403-262-7653
Office:
403-262-7653
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