2820 Morley Trail NW
Calgary
Update on 2023-07-04 10:05:04 AM
$ 1,390,000
7
BEDROOMS
5 + 0
BATHROOMS
2104
SQUARE FEET
1957
YEAR BUILT
This spacious 3,786 sqft triplex presents a rare opportunity. Originally a 4-plex, this home has been transformed into an up-and-down 3 separate units. Being one of only four M-C1 zoned lots in the community, allows for multi-residential developments, making this an outstanding investment for both rental income and future redevelopment. Perfect for a Short-Term Rental Business and Ideal for a Daycare Business. Recently, the upper level was professionally designed and renovated to optimize short-term rental operations. Inside, an inviting open kitchen with a large island makes the space perfect for hosting guests. The main floor boasts three generously sized bedrooms, each featuring a private ensuite bathroom, ensuring the utmost comfort and privacy for tenants or Airbnb guests. Beyond its rental potential, this property is well-suited for a daycare business. The spacious layout, multiple bathrooms, and secure automatic sliding glass door at the rear provide a safe and functional environment for childcare. Additionally, the large parking pad ensures easy drop-offs and pick-ups for parents, while the outdoor shed and additional storage offer convenient space for daycare supplies. Versatile Layout & Unique Features The basement level features separate entrances, allowing for flexible rental arrangements. The lower floor includes: - 4 bedrooms, 2 kitchen, and 2 bathrooms - Independent access from both ends of the house - Multiple utility installations for efficiency Additional highlights include: - 7 bedrooms & 5 full bathrooms - 4 furnaces, 4 water tanks & 4 electric meters - 3 kitchens & 2 laundry rooms - Commercial air conditioning for optimal comfort - Large parking pad (fits up to 4 cars, plus RV/boat space) - Projected rental income: $7,000/month (long-term) or $8,000–$10,000/month (short-term) With its unique zoning, high rental income potential, and adaptability for both short-term rental and daycare use, this property is a remarkable investment.
COMMUNITY | Banff Trail |
TYPE | Residential |
STYLE | BLVL, UDS |
YEAR BUILT | 1957 |
SQUARE FOOTAGE | 2104.3 |
BEDROOMS | 7 |
BATHROOMS | 5 |
BASEMENT | Finished, Full Basement |
FEATURES |
GARAGE | No |
PARKING | PParking Pad, RV ParkingA |
ROOF | Rolled/Hot Mop |
LOT SQFT | 558 |
ROOMS | DIMENSIONS (m) | LEVEL |
---|---|---|
Master Bedroom | 4.39 x 3.99 | Main |
Second Bedroom | 6.40 x 4.39 | Main |
Third Bedroom | 3.51 x 3.10 | Lower |
Dining Room | ||
Family Room | ||
Kitchen | 4.50 x 3.30 | Main |
Living Room | 4.39 x 3.91 | Main |
INTERIOR
Central Air, Forced Air, Natural Gas, Wood Burning
EXTERIOR
City Lot, Low Maintenance Landscape, Landscaped, Level, Rectangular Lot, See Remarks
Broker
Top Producer Realty and Property Management
Agent