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.
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 Details
Price:
$1,320,000
MLS #:
A2196327
Status:
Sold (Mar 31, 2025)
Baths:
0
Type:
Multi Family
Subtype:
Triplex
Subdivision:
Banff Trail
Listed Date:
Jan 16, 2026
Finished Sq Ft:
2,107
Lot Size:
6,006 sqft / 0.14 acres (approx)
Year Built:
1957
See this Listing
Schools
Interior
Appliances
Dryer, Microwave, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings
Basement
Full
Laundry Features
In Unit
Exterior
Exterior Features
Other
Lot Features
City Lot, Landscaped, Level, Low Maintenance Landscape, Rectangular Lot, See Remarks
Parking Features
Parking Pad, RV Access/Parking
Parking Total
5
Roof
Rolled/Hot Mop
Financial
Map
Community
- Address2820 Morley Trail NW Calgary AB
- SubdivisionBanff Trail
- CityCalgary
- CountyCalgary
- Zip CodeT2M 4G7
Subdivisions in Calgary
- Abbeydale
- Acadia
- Albert Park/Radisson Heights
- Alpine Park
- Altadore
- Ambleridge
- Applewood Park
- Arbour Lake
- Aspen Woods
- Auburn Bay
- Banff Trail
- Bankview
- Bayview
- Beddington Heights
- Bel-Aire
- Belmont
- Beltline
- Belvedere
- Bonavista Downs
- Bowness
- Braeside
- Brentwood
- Bridgeland/Riverside
- Bridlewood
- Britannia
- Burns Industrial
- Calgary International Airport
- Cambrian Heights
- Canyon Meadows
- Capitol Hill
- Carrington
- Castleridge
- Cedarbrae
- Chaparral
- Charleswood
- Chinatown
- Chinook Park
- Christie Park
- Citadel
- Cityscape
- Cliff Bungalow
- Coach Hill
- Collingwood
- Copperfield
- Coral Springs
- Cornerstone
- Cougar Ridge
- Country Hills
- Country Hills Village
- Coventry Hills
- Cranston
- Crescent Heights
- Crestmont
- Currie Barracks
- Dalhousie
- Deer Ridge
- Deer Run
- Deerfoot Business Centre
- Diamond Cove
- Discovery Ridge
- Douglasdale/Glen
- Dover
- Downtown Commercial Core
- Downtown East Village
- Downtown West End
- Eagle Ridge
- East Fairview Industrial
- East Shepard Industrial
- Eau Claire
- Edgemont
- Elbow Park
- Elboya
- Erin Woods
- Erlton
- Evanston
- Evergreen
- Fairview
- Fairview Industrial
- Falconridge
- Foothills
- Forest Heights
- Forest Lawn
- Forest Lawn Industrial
- Franklin
- Garrison Green
- Garrison Woods
- Glacier Ridge
- Glamorgan
- Glenbrook
- Glendale
- Golden Triangle
- Greenview
- Greenview Industrial Park
- Greenwood/Greenbriar
- Hamptons
- Harvest Hills
- Haskayne
- Hawkwood
- Haysboro
- Hidden Valley
- Highfield
- Highland Park
- Highwood
- Hillhurst
- Homestead
- Horizon
- Hotchkiss
- Hounsfield Heights/Briar Hill
- Huntington Hills
- Inglewood
- Kelvin Grove
- Killarney/Glengarry
- Kincora
- Kingsland
- Lake Bonavista
- Lakeview
- Legacy
- Lewisburg
- Lincoln Park
- Livingston
- Lower Mount Royal
- MacEwan Glen
- Mahogany
- Manchester
- Manchester Industrial
- Maple Ridge
- Marlborough
- Marlborough Park
- Martindale
- Mayfair
- Mayland
- Mayland Heights
- McCall
- McKenzie Lake
- McKenzie Towne
- Meadowlark Park
- Medicine Hill
- Meridian
- Midnapore
- Millrise
- Mission
- Monterey Park
- Montgomery
- Moraine
- Mount Pleasant
- New Brighton
- Nolan Hill
- North Airways
- North Glenmore Park
- North Haven
- Oakridge
- Ogden
- Osprey Hill
- Out of Area Calgary
- Palliser
- Panorama Hills
- Parkdale
- Parkhill
- Parkland
- Patterson
- Pegasus
- Penbrooke Meadows
- Pine Creek
- Pineridge
- Point McKay
- Pump Hill
- Queensland
- Ramsay
- Ranchlands
- Rangeview
- Red Carpet
- Redstone
- Renfrew
- Ricardo Ranch
- Richmond
- Rideau Park
- Riverbend
- Rocky Ridge
- Rosedale
- Rosemont
- Rosscarrock
- Roxboro
- Royal Oak
- Royal Vista
- Rundle
- Rutland Park
- Saddle Ridge
- Saddleridge Industrial
- Sage Hill
- Sandstone Valley
- Scarboro
- Scarboro/Sunalta West
- Scenic Acres
- Seton
- Shaganappi
- Shawnee Slopes
- Shawnessy
- Shepard Industrial
- Sherwood
- Signal Hill
- Silver Springs
- Silverado
- Skyline West
- Skyview Ranch
- Somerset
- South Airways
- South Calgary
- South Foothills
- Southview
- Southwood
- Springbank Hill
- Spruce Cliff
- St Andrews Heights
- Starfield
- Stoney 1
- Stoney 2
- Stoney 3
- Stoney 4
- Strathcona Park
- Sunalta
- Sundance
- Sunnyside
- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- University of Calgary
- Upper Mount Royal
- Valley Ridge
- Valleyfield
- Varsity
- Vista Heights
- Walden
- West Hillhurst
- West Springs
- Westgate
- Westwinds
- Whitehorn
- Wildwood
- Willow Park
- Windsor Park
- Winston Heights/Mountview
- Wolf Willow
- Woodbine
- Woodlands
- Yorkville
Market Summary
Current real estate data for Multi Family in Calgary as of Mar 17, 2026
27
Multi Family Listed
87
Avg DOM
702
Avg $ / SqFt
$3,196,258
Avg List Price
Property Summary
- Located in the Banff Trail subdivision, 2820 Morley Trail NW Calgary AB is a Multi Family for sale in Calgary, AB, T2M 4G7. It is listed for $1,320,000 To schedule a showing of MLS#a2196327 at 2820 Morley Trail NW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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2820 Morley Trail NW
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