11440 Elbow Drive SW
Calgary, AB, T2W2E6
$1,150,000
Beds
0 Baths
2,472 SqFt
0.15 Acres
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MLS #A2326477 image #0
**LEGAL, PURPOSE-BUILT FOURPLEX | TURN-KEY MULTI-FAMILY INVESTMENT | WALK-OUT DUPLEX DESIGN | SEPARATELY METERED**

Exceptional opportunity to own a legal, purpose-built fourplex in the highly desirable Southwest community of Southwood. This well-maintained, turnkey investment property features four self-contained 3-bedroom units, each with a private entrance, walk-out lower level, in-suite laundry, separate utilities, and individual metering—offering an attractive, low-maintenance investment for both seasoned and first-time investors.

Each suite is equipped with its own dedicated furnace, hot water tank, full-size washer and dryer, and six newer appliances, all in good working order. The separately metered design helps minimize owner operating costs while providing convenience for tenants.

The property includes four assigned parking stalls, each with an electrical plug-in, plus two visitor parking stalls.

Conveniently located with excellent access to public transportation, the #37 City Bus stops just outside the property, while Anderson LRT Station is only four blocks away. Schools, shopping, parks, and everyday amenities are all just minutes from the doorstep, making this a highly desirable location for tenants.

Proudly self-managed by the current owner, this property generates $67,200 in annual rental income. Three units are secured with one-year leases, while one exceptional long-term tenant of 11 years is currently on a month-to-month tenancy, providing stable cash flow and simplified property management. All units are in good clean condition.

A rare opportunity to acquire a fully leased, income-producing multi-family property in an established, high-demand rental location.

Property Details

Price:
$1,150,000
MLS #:
A2326477
Status:
Active
Baths:
0
Type:
Multi Family
Subtype:
4 plex
Subdivision:
Southwood
Listed Date:
Jul 3, 2026
Finished Sq Ft:
2,472
Lot Size:
6,598 sqft / 0.15 acres (approx)
Year Built:
1973
SouthwoodFullBack Lane,few Trees,interior Lot,level,low Maintenance Landscape,rectangular Lot,street Lighting

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Schools

Interior

Appliances
Dishwasher, Dryer, Electric Stove, Gas Water Heater, Refrigerator, Washer, Window Coverings
Basement
Full
Laundry Features
In Unit
Pets Allowed
Yes

Exterior

Exterior Features
Private Entrance
Lot Features
Back Lane, Few Trees, Interior Lot, Level, Low Maintenance Landscape, Rectangular Lot, Street Lighting
Outbuildings
None
Parking Features
Additional Parking, Alley Access, Asphalt, Assigned, Guest, Off Street, Plug- In, Stall
Parking Total
6
Patio And Porch Features
Patio, See Remarks
Roof
Rolled/Hot Mop
Stories Total
1

Financial

Map

Community

Subdivisions in Calgary

Market Summary

Current real estate data for Multi Family in Calgary as of Jul 06, 2026
35
Multi Family Listed
76
Avg DOM
570
Avg $ / SqFt
$2,512,771
Avg List Price

Property Summary

    Located in the Southwood subdivision, 11440 Elbow Drive SW Calgary AB is a Multi Family for sale in Calgary, AB, T2W2E6. It is listed for $1,150,000 To schedule a showing of MLS#a2326477 at 11440 Elbow Drive SW in Calgary, AB, contact your Rob Johnstone agent at (403) 730-2330 .

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11440 Elbow Drive SW
Calgary, AB