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11440 Elbow Drive SW
Calgary
T2W 2E6
$1,150,000
Multi-Family
2,473 sq. ft.
built: 1973
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2326477
- Year Built:
- 1973
- Photos (47)
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**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 Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Home Style:
- Attached-Up/Down, Bungalow
- Total Living Area:
- 2,472.58 sq. ft.
- Main Level Finished Area:
- 2,338.33 sq. ft.
- Lower Level Finished Area:
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- Above Grade Finished Area:
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- Below Grade Finished Area:
- 2,220.12 sq. ft.
- Taxes:
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- Tax Assessed Value:
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- HOA Fee Includes:
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- Lot Area:
- 6,598 sq. ft.
- Lot Frontage:
- 60'2"
- Acres Cleared:
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- Acres Cultivated:
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- Acres Irrigated:
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- Acres Leasehold:
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- Acres Not Cultivated:
- Signup
- Acres Freehold:
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- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
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- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Reg. Size:
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- Reg. Size Includes:
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- Stories Total:
- 1
- Levels:
- One
- Year built:
- 1973 (Age: 53)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 731047
- Heating:
- Forced Air, Natural Gas
- Basement:
- Full, Finished, Walk Out
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Brick, Concrete, Stucco
- Structure Type:
- Four Plex
- Roof:
- Rolled/Hot Mop
- Ensuite:
- No
- Flooring:
- Laminate, Tile, Vinyl Plank
- Cooling:
- None
- Water Supply:
- Public
- Garage:
- No
- Parking:
- Additional Parking, Alley Access, Asphalt, Assigned, Guest, Off Street, Plug-In, Stall
- Parking Places:
- 6
- Parking Total/Covered:
- 6 / -
- Laundry Features:
- In Unit
- Southwest
- Southwood
- Dishwasher, Dryer, Electric Stove, Gas Water Heater, Refrigerator, Washer, Window Coverings
- 4 Fridges, 4 Stoves, 4 Dishwashers, 4 Microwaves, 4 Washers, 4 Dryers,4 Furnaces, 4 Hot water Tanks
- Non-Smoking Building, Pets Allowed, Rental
- Yes
- Title to Land:
- Fee Simple
- Community Features:
- Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Interior Features:
- Ceiling Fan(s), Granite Counters, Laminate Counters, No Smoking Home, Separate Entrance, Vinyl Windows, Wood Windows
- Exterior Features:
- Private Entrance
- Patio And Porch Features:
- Patio, See Remarks
- Lot Features:
- Back Lane, Few Trees, Interior Lot, Level, Low Maintenance Landscape, Rectangular Lot, Street Lighting
- Num. of Parcels:
- 0
- Outbuildings:
- None
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone S
- Zoning:
- MR
- Listed Date:
- Jul 03, 2026
- Days on Mkt:
- Signup
-
11440 Elbow Drive SW Multi Family Residence with 4 legal 3 bedroom Suites, Bungalow Style with Walk Out Lower Level. -
11440 Elbow Drive SW with Alley Access
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Photo 3 of 47
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Unit C on the left side does not have pictures. 3 bedrooms, 1 bath Granite Countertops, Good Clean Condition
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Unit D, North Side, Lower Level Walk Out Suite with 3 bedrooms, 1 bath,
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Unit D Lower Level Walk out Bright East Facing Patio.3 bedrooms, 1 bathroom
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Unit D, Dining, Ceiling Fan, Vinyl Windows, Tile Floor, Goo Clean Condition
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Unit D: Living Room, 17' x 11'9", Vinyl Plank
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Unit D Dining & Gally Kitchen
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Unit D
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Living Room faces East to Interlocking Brick Patio with Vinyl Sliding Patio Doors
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Kitchen 12'4" x7'8", Laminate Countertops, Electric Range, Tile Floor
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Unit D: Separate Entrance, Coat Closet, Tile Floors, Lots of Cabinet Space
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Bedroom #3: North Window 11' x7'7", Laminate flooring, Mirrored Closet Doors, Vinyl Windows, Venetian Blinds
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Utility, Mechanical & Laundry Room: 8'10" x 7'8", Trane Ener-guide 80.0, Hot Water Tank, Amana Washer, Admiral Dryer, Storage, Tile Floor
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Unit D: 4 pc. Bathroom, 5'1" x 7'8", Good Clean Condition, Tile Tub Surround, Medicine Chest, Tile Flooring
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Unit D, Bedroom #2, 13' x7'7", Window Faces West, Mirrored Closet Doors, Vinyl Window, Venetian Window Covering
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Primary Bedroom, 10'8" x 11', West Facing Vinyl Window, Vinyl Plank, Venetian Blinds, Mirrored Closet Doors
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Unit D, East Facing Generous sized Patio with interlocking Brick, Vinyl Sliding Patio Doors, Lilac Bush, Brick and Stucco Exterior.
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South Side Units B & A
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Unit A: Month to Month Tenant pays $1400.00 per month and own utilities.
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Unit A: Lower Level Walk-Out Bright East Facing patio, wooden Patio door. Laminate plank, Good Clean Condition, 3 beds, 1 bath, 1111.21 sq. ft.
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Unit A Walk out
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Dining Area, 8'3" x 9'8", Venetian Blinds, Ceiling Fan,
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Kitchen 8'x 15'4", Amana Fridge, Electric Stove, Amana Dishwasher, RCA Microwave, Tile Floor, Laminate Countertops
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Photo 26 of 47
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Bedroom #3, 8'7"x 13'9" Vinyl South window, venetian blind, laminate vinyl plank flooring, Mirrored closet doors.
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Mechanical, Utility & Laundry: 8'x9'2", Lennox Furnace, GE Hot Water Tank, Whirlpool Dryer, Maytag Washer, Storage Shelves, Tile Floor
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Bathroom 4 Pc. , 8'x5' Glass Shower Doors, Tile floor, Over the tank storage
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#2 Bedroom, 8'7" x 15'3", South West corner, west window, Mirrored Closet Doors, Luxury vinyl plank, curtains
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Primary Bedroom, 11'10" x12', West Vinyl Window, NW Corner, Venetian Blinds, LVP flooring, Mirrored sliding Closet doors,
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Primary Bedroom
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Unit B, Upper Suite, South Side, Interior 1160 sq. ft. 3 bedrooms, 1 bathroom
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Living Room 12'4" x 21'10", East facing Vinyl Sliding Patio Doors,
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Dining: 8'9"x9'6", Ceiling Fan, Vinyl Windows, Venetian Blinds
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Kitchen 8'7"x15'4", 12" Tile Floor, Electric Range, Inglis SxS Refrigerator, Panasonic Microwave, Laminate Countertops with Beveled Edge
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Kitchen, Kenmore Dishwasher, lots of counterspace and cabinets
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#2 Bedroom(SW corner) 12'1"x 11'11", West Vinyl window with curtain, LVP flooring, Mirrored closet doors
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Bathroom 4 pc., 8'7" x5'8", 6" Tile flooring, Medicine Chest,
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Primary Bedroom 12'1x11'11", West Vinyl Window with Curtain Covering, Ceiling Fan, LVP flooring, Mirrored Closet Doors
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Mechanical, Utility & Laundry Room, 8'7"x10'1", Trane Furnace, Rheem Hot Water Tank, Kenmore Washer, Whirlpool Dryer, Storage Shelves, Tile Floor
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NW Corner, Peonies, 2 trees, Front fence built 2019
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SW Corner, two gates located on both corners to access city sidewalk and Bus Stop #37
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Photo 44 of 47
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Anderson West to East, Elbow Drive South to North
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Elbow Drive
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Anderson East Bound
Listed by Comox Realty
Data was last updated July 5, 2026 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 41
- Avg list price:
- $2,900,000
- Min list price:
- $990,000
- Max list price:
- $17,250,000
- Avg days on market:
- 52
- Min days on market:
- 2
- Max days on market:
- 352
- Avg price per sq.ft.:
- $550.92
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- AKBAR NIMJI
- RE/MAX REALTY PROFESSIONALS
- (403) 263-4101
- akbar@nimji.com
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