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2820 Morley Trail NW
Banff Trail Calgary T2M 4G7

$1,390,000
Multi-Family 2,107 sq. ft. built: 1957

Main Photo: 2820 Morley Trail NW in Calgary: Banff Trail Triplex for sale : MLS®# A2196327
Photo 1: 2820 Morley Trail NW in Calgary: Banff Trail Triplex for sale : MLS®# A2196327
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Photo 46: 2820 Morley Trail NW in Calgary: Banff Trail Triplex for sale : MLS®# A2196327
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2196327
Year Built:
1957
Exceptional Multi-Family Investment with High Rental Income Potential This spacious 3,786 sqft multi-family property presents a rare investment opportunity. Originally a 4-plex, it has been transformed into an up-and-down triplex, maximizing rental income. Zoned M-C1, one of only four such lots in the community, this property offers both strong rental yields and future redevelopment potential. High-Return Investment: Capitalization Rate of Approx. 6%-8.6% With a projected net rental income of $7,000/month (long-term) or $10,000/month (short-term), this property delivers a strong return on investment. Perfect for Short-Term Rentals or a Daycare Business Short-Term Rental Ready: The upper level was professionally renovated for Airbnb operations, featuring an inviting open-concept kitchen with a large island—perfect for hosting guests. The main floor boasts three spacious bedrooms, each with a private ensuite, ensuring privacy and comfort. Daycare Business Potential: With multiple bathrooms, a secure automatic sliding rear door, and a large parking pad, this property is ideal for a childcare facility. Additional storage and outdoor space further enhance functionality. Versatile Layout & Unique Features The basement level includes separate entrances, allowing for flexible rental arrangements: 4 bedrooms, 2 kitchens, and 2 bathrooms Independent access from both ends of the house Multiple utility installations for efficiency Additional Highlights ? 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) With its strong rental cash flow, rare zoning, and flexibility for multiple business models, this property is a high-performing investment in a sought-after community.
Property Type:
Multi-Family
Property Sub Type:
Triplex
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
Attached-Up/Down, Bi-Level
Total Living Area:
2,107 sq. ft.
Main Level Finished Area:
2,107.3 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
1,675.7 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
6,006 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Levels:
Bi-Level
Year built:
1957 (Age: 68)
Bathrooms:
- (Full:-, Half:-)
Plan:
907GS
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
Furnished:
Furnished
Construction Material:
Wood Frame
Structure Type:
Triplex
Roof:
Rolled/Hot Mop
Ensuite:
No
Flooring:
Ceramic Tile, Hardwood
Cooling:
Central Air
Fireplace Details:
Wood Burning
Garage:
0
Parking:
Parking Pad, RV Access/Parking
Parking Places:
5
Parking Total/Covered:
5 / -
Laundry Features:
In Unit
Banff Trail
Dryer, Microwave, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings
N/A
None Known
Title to Land:
Fee Simple
Community Features:
Golf, Park, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Exterior Features:
Other
Lot Features:
City Lot, Landscaped, Level, Low Maintenance Landscape, Rectangular Lot, See Remarks
Num. of Parcels:
0
Fencing:
Partial
Nearest Town:
Calgary
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C1
Listed Date:
Feb 21, 2025
Days on Mkt:
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Listed by Top Producer Realty and Property Management
Data was last updated March 12, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,290,000
Min list price:
$899,999
Max list price:
$3,200,000
Avg days on market:
22
Min days on market:
1
Max days on market:
98
Avg price per sq.ft.:
$571.68
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706