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Renanza Realty
For sale

7504 Elbow Drive SW

Calgary, Alberta

MLS® A2354025

$5,600,000

Status
Active
Property type
Multi-family
MLS® number
A2354025
Bedrooms
—
Bathrooms
—
Year built
2026

Listing description

Brand new 14-unit multifamily investment opportunity in southwest Calgary! Offering a versatile mix of suites, modern construction and investor-friendly design, this property is built for long-term rental appeal. The unit mix includes three 1-bedroom basement suites, three upper units featuring 3 bedrooms plus bonus rooms, four upper 2-bedroom units and four 2-bedroom basement suites.

Each unit has its own mechanical room and separate utilities, offering efficient operation and individual utility management. All upper units feature air conditioning, while the property also includes 7 parking stalls and 4 storage lockers. Ideally located along Elbow Drive SW in an established southwest community, residents enjoy convenient access to shopping, restaurants, schools, public transit and major commuter routes.

Chinook Centre and the surrounding commercial amenities are just a short drive away, making this a convenient location for a variety of tenants. An exceptional opportunity to acquire a brand-new multifamily asset with a diverse suite mix, modern systems and the added benefit of an assumable mortgage at a rate below current market offerings, subject to lender approval and applicable terms.

Property summary

MLS® number
A2354025
Property type
Multi-family
Building type
Multi-Family
Size
10,872 sq ft
Land size
848 square meters
Built in
2026
Annual property taxes
$7,846.00
Parking
7 spaces
Days on market
10 days

What would this home cost you?

Based on the $5,600,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$26,056 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of CIR Realty, CALGARY.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.