A rare opportunity to acquire a purpose-built 4plex in the established community of Glamorgan, sitting on a 7,490 sq ft M-C1 zoned lot. The building features two upper-level 3-bedroom, 1-bathroom units and two lower-level 2-bedroom, 1-bathroom units, all four fully tenanted and generating combined gross rent of $6,500/month ($78,000/year). Every unit has its own dedicated laundry and is individually metered for electricity, water, and gas, meaning tenants handle their own utilities entirely with no landlord involvement required. All four units are also equipped with high-efficiency furnaces. The M-C1 zoning adds long-term upside with flexibility for future redevelopment, while the Glamorgan location offers convenient access to Mount Royal University, Westhills/Signal Hill retail, and major routes including Glenmore Trail and Sarcee Trail. A turnkey, low-hassle income property for investors seeking stable cash flow with minimal day-to-day management.
Property Details
Price:
$1,250,000
MLS #:
A2322917
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Glamorgan
Listed Date:
Jun 21, 2026
Finished Sq Ft:
2,514
Lot Size:
7,470 sqft / 0.17 acres (approx)
Year Built:
1968
See this Listing
Schools
Interior
Appliances
Dishwasher, Electric Range, Range Hood, Refrigerator
Exterior
Parking Total
4
Roof
Membrane
Financial
Map
Community
- Address196 Gordon Drive SW Calgary AB
- SubdivisionGlamorgan
- CityCalgary
- CountyCalgary
- Zip CodeT3E 3W6
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
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- 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
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- Falconridge
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- Franklin
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- Glacier Ridge
- Glamorgan
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- Manchester Industrial
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- McKenzie Towne
- Meadowlark Park
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- Nolan Hill
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- North Glenmore Park
- North Haven
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- Rangeview
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- Rocky Ridge
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- 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
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- 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
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- Taradale
- Temple
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- Tuxedo Park
- University District
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- University of Calgary
- Upper Mount Royal
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- Walden
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- Westgate
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- 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 Jun 30, 2026
37
Multi Family Listed
89
Avg DOM
611
Avg $ / SqFt
$2,570,999
Avg List Price
Property Summary
- Located in the Glamorgan subdivision, 196 Gordon Drive SW Calgary AB is a Multi Family for sale in Calgary, AB, T3E 3W6. It is listed for $1,250,000 To schedule a showing of MLS#a2322917 at 196 Gordon Drive SW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .
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196 Gordon Drive SW
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