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424 Sabrina Road SW in Calgary: Southwood 4 plex for sale : MLS®# A2250685
424 Sabrina Road SW Calgary T2W 1P9 
$1,429,000Multi-Family- Status:
- Active
- MLS® Num:
- A2250685
- Floor Area:
- 2,520 sq. ft.
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) Price: $1,450,000 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. More detailsListed by CIR Realty- Tim Mangat
- CIR Realty
- (403) 383-3230
- Contact by Email
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2468 210 Avenue SE in Calgary: Walden Row/Townhouse for sale : MLS®# A2241583
2468 210 Avenue SE Calgary T2X 4C2
$409,000Residential- Status:
- Active
- MLS® Num:
- A2241583
- Bedrooms:
- 2
- Bathrooms:
- 2
- Floor Area:
- 1,022 sq. ft.
Property is now leased from Sept 1 2025 to August 31st 2026 . 2 bedroom 2 bathroom townhouse promoting a convenient, low-maintenance lifestyle! Pull right into your attached, garage and proceed into the above grade entry level. The bright and open main floor is basked in natural light with 9’ ceilings, wide plank flooring and a stylish design that is modern and sophisticated yet practical. Clear sightlines allow for easy interaction between all the main rooms, perfect for entertaining. Inviting relaxation, the living room bathed in natural light encourages a seamless indoor/outdoor lifestyle featuring patio sliders that lead to the expansive balcony. The gorgeous kitchen encourages culinary explorations with timeless subway tile backsplash, an abundance of full-height cabinetry, stainless steel appliances and a large breakfast bar island for everyone to gather around. Adjacently the casually elegant dining room offers plenty of room for family meals as well as hosting larger gatherings. Laundry is ideally found on the upper level along with the 2 spacious bedrooms. The master is a calming oasis boasting dual closets and a luxuriously private 4-piece ensuite, no more sharing! Both additional bedrooms are very generously sized. Parking will never be an issue with additional driveway parking for guests while your vehicles stay out of the elements in the garage. All this and an unbeatable location in this family-oriented community chocked full of pathways that wind around the ponds and parks. Within walking distance is every amenity including the numerous shops and restaurants (with more on the way!) at the Township Shopping District. Simply a phenomenal, new home with stylish European influences in a great comple More detailsListed by CIR Realty- Tim Mangat
- CIR Realty
- (403) 383-3230
- Contact by Email
Data was last updated August 28, 2025 at 06:05 PM (UTC)