424 Sabrina Road SW presents a rare opportunity to acquire a fully modernized, income-generating fourplex in the established community of Southwood. With extensive renovations completed in 2024 and strong in-place rental income, this property is ideally suited for hands-off investors seeking reliable cash flow and long-term growth potential in Calgary’s southwest.
Address: 424 Sabrina Road SW, Calgary, AB
Property Type: Fourplex (Bi-Level Configuration)
Total Living Area: 5,028 sq. ft. (2,564 sq. ft. RMS + fully developed lower levels)
Units: 4 self-contained units
Unit Layout: Each unit includes 3 bedrooms and 1.5 bathrooms
Year Built: 1972
Zoning: MC-1 (Medium-Density Low Profile Residential)
Parking: 5 surface stalls, resurfaced in 2024, with ample street parking available
Lot: Standard inner-city lot with retaining wall recently rebuilt
Recent Renovations and Capital Improvements (2024)
This property has undergone a complete transformation, both inside and out. All four units were fully renovated to appeal to today’s quality-conscious tenants while minimizing maintenance needs for ownership.
Interior upgrades include:
Fully renovated kitchens with granite countertops, brand new cabinets, and stainless steel appliances
Bathrooms completely redone with new tubs, tile work, vanities, fixtures, and modern finishes
Durable LVL plank flooring installed throughout both upper and lower levels
Fresh paint, trim, and lighting updates throughout all units
Exterior and mechanical upgrades:
New energy-efficient windows and patio doors in each unit
Separate furnaces, hot water tanks, and individual utility meters per unit
Resurfaced parking lot with defined stalls
Reconstructed retaining wall for long-term stability
Updated exterior finishes to enhance curb appeal
These renovations were designed with long-term durability, tenant satisfaction, and rental optimization in mind.
Income and Financial Performance
424 Sabrina Road SW is fully leased with fixed one-year terms. All four units are currently rented at market rates, providing predictable and stable cash flow from day one. The gross rental income is $8,350 per month, or $100,200 annually. All tenants are responsible for their own utilities, thanks to separately metered systems.
Key financial metrics:
Gross Annual Rents: $100,200
Net Operating Income (NOI): Approx. $78,720 annually
Cap Rate: 5.4% at asking price
Utility Structure: All tenant-paid (gas, water, electricity)
This property offers strong investment fundamentals with minimal projected maintenance, making it an excellent asset for portfolio stabilization or long-term wealth building.
Bi-Level Design Advantage
Unlike traditional up/down duplex configurations, each of the four units in this property features a full bi-level design. This provides tenants with more usable space and a layout that feels more like a single-family home, resulting in better tenant retention and increased rental appeal. buyer will accept current RPRMore details
Welcome to Outlook at Waterfront, where modern design meets Calgary’s best inner-city location. This one-bedroom suite with west exposure offers the perfect blend of urban convenience and natural beauty. Situated just steps from the Bow River, this unit faces a quiet, open corridor with no buildings obstructing your view, offering a sense of space and privacy rarely found in the downtown core.
Inside, the suite is designed for both style and efficiency. The open-concept living area features wide plank laminate flooring, large west-facing windows that invite in the afternoon light, and a well-appointed kitchen complete with granite countertops, a central island, and stainless steel appliances. Whether you're working from home or enjoying a night in, the layout provides a comfortable, functional environment for daily living.
The bedroom easily fits a queen-size bed and includes a large closet, while the four-piece bathroom offers contemporary fixtures and tiled finishes. In-suite laundry, central air conditioning, and thoughtful design touches add to the home’s appeal. The unit is in excellent condition and shows beautifully—no updates are needed, just move in and enjoy.
Ideal for downtown professionals, business owners, or those seeking a low-maintenance urban lifestyle, this unit also includes a titled underground parking stall and an assigned storage locker. Residents enjoy access to world-class amenities including a fully equipped gym, yoga studio, lounge, movie room, guest suites, bike storage, car wash bay, and 24-hour concierge service.
Step outside to explore the river pathways, Prince’s Island Park, or grab a coffee and walk to work via the nearby +15 network. Shops, restaurants, and fitness studios are all within walking distance. Pets are allowed with board approval.
This is your opportunity to own in one of Calgary’s most prestigious downtown addresses. Available for immediate possession.More details
Welcome to your urban oasis in the heart of Calgary's trendy Beltline community! This impeccably designed one-bedroom, one-bathroom apartment on the 13th floor offers a perfect blend of luxury and convenience, showcasing breathtaking views of the Downtown buildings. As you step into this beautifully appointed space, you'll be greeted by an abundance of natural light that fills the open-concept living area. The cozy living space opens up to a private balcony where you can unwind and take in the stunning views. Additionally, this unit comes with a titled underground parking stall, ensuring your vehicle is safe and secure. Residents enjoy access to bike storage and a top-notch fitness center, ideal for maintaining an active lifestyle without leaving home. Conveniently located just a short stroll from the vibrant 17th Avenue, you’ll find a plethora of shops, acclaimed restaurants, and inviting coffee spots right at your doorstep. Outdoor enthusiasts will appreciate the nearby bike pathways and parks, offering endless recreation opportunities. This apartment is not just a home; it's a lifestyle. Experience the perfect balance of inner-city living with stunning views and modern amenities. Don't miss your chance to own this exceptional piece of Calgary real estate! Schedule viewing today!More details
Data was last updated October 30, 2025 at 08:05 PM (UTC)
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