**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.
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
See this Listing
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
- Address11440 Elbow Drive SW Calgary AB
- SubdivisionSouthwood
- CityCalgary
- CountyCalgary
- Zip CodeT2W2E6
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
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- Forest Lawn
- Forest Lawn Industrial
- Franklin
- Garrison Green
- Garrison Woods
- Glacier Ridge
- Glamorgan
- Glenbrook
- Glendale
- Golden Triangle
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- Greenview Industrial Park
- Greenwood/Greenbriar
- Hamptons
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- Highfield
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- 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
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- Sunridge
- Taradale
- Temple
- Thorncliffe
- Tuscany
- Tuxedo Park
- University District
- University Heights
- University of Calgary
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- 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 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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