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
The investment opportunity for this fully rented 4-Plex in the South West community of Southwood is great. With 4 units all with 3 Bedrooms and 1290 sq.ft of living space each, these rental units are a solid addition to your portfolio. This property is generating rental income of $6,900 / Month ($82,800 / Year) with a Cap Rate of 5.50% (Based on the asking price and the 2025 Property Taxes). Some of the tenants have been in this property for years and all of the leases are recently renewed for another 1 year fixed term tenancy. The property also comes with 4 dedicated parking stalls in the alley, one for each unit.More details
Must-see for owners and investors alike!
Completely reimagined inside and out, this rare 5-bedroom, 4-bathroom (including 4 en-suites) bungalow with a separate entrance sits proudly on a massive 7,696 sq. ft. (70’ x 100’) lot — one of the largest in the area. The space, design, and versatility of this home set a new standard for comfortable, stylish, and profitable living.
The main level (approx. 1,300 sq. ft.) showcases a stunning open-concept design highlighted by 24 x 24 designer tiles, custom millwork, and timeless black-and-white finishes and an amazing custom- built entertainment unit that becomes the focal point of the living area. The space is perfectly balanced - open yet defined, with enough room for a full dining area and abundant natural light streaming through large upgraded windows that mark the entire level feel airy and inviting. The chef-inspired kitchen features black stainless-steel smart appliances, stone-brand countertops and backsplash, and a grand center island, seamlessly connecting to the living and dining areas — ideal for gatherings and entertaining.
Three bright bedrooms, including two with private en-suites, are paired with luxurious bathrooms featuring high-end fixtures, elegant tile work, and contemporary lighting. Every detail on this level reflects thoughtful planning and craftsmanship, blending functionality with style.
The lower-level suite (illegal) with its own private entrance mirrors the same quality finishes and design. Offering over 1,1560 sq. ft. of living space, this suite includes 2 spacious bedrooms, 2 full bathrooms, a bright open living area, and a brand-new kitchen — perfect for extended family or generating excellent rental income. The owner has already begun the process toward legal suite conversion, including hood fan, range, large egress window, separate laundry, and all new electrical with 200-amp electrical service and brand new panel, A/C , brand new plumbing through out
Outside, the transformation is just as stunning. Brand-new Hardie boards exterior is accented with rich cedar highlights that add warmth and character, upgraded exterior insulation for smaller utility bills , new windows, and R-36 fiberglass blown-in attic insulation. The enormous south-facing backyard — over 7,600 sq. ft. of outdoor space — offers endless possibilities: entertain on the exposed aggregate patio, relax in the hot tub, or simply enjoy the privacy and open sky. The new fencing, oversized double detached garage, and deep driveway with extra parking make this property both functional and impressive.
Located minutes from South Centre Mall, Southland LRT, Superstore, Walmart, Canadian Tire, and top amenities, this home offers unmatched convenience. Every aspect has been updated and refined — inside and out — ensuring a turn-key experience for the next proud owner.
This is more than a renovation; it’s a complete transformation — a home that truly delivers space, style, and value on a massive 7,696 sq. ft. lot.More details
Data was last updated November 23, 2025 at 12:05 PM (UTC)
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