Close to the many recreational benefits of the Glenmore Reservoir and Fish Creek Park, here you can also take in leisure and shopping opportunities at the Willow Park and Southcentre Shopping Centres, local restaurants and many additional shops along Macleod Trail. This community has plenty of green space and parks to be enjoyed.
424 Sabrina Road SW presents a rare opportunity to acquire a fully modernized, income-generating fourplex in the established community of Southwood. With extensive renovations completed in 2024 and strong in-place rental income, this property is ideally suited for hands-off investors seeking reliable cash flow and long-term growth potential in Calgary’s southwest.
Address: 424 Sabrina Road SW, Calgary, AB
Property Type: Fourplex (Bi-Level Configuration)
Total Living Area: 5,028 sq. ft. (2,564 sq. ft. RMS + fully developed lower levels)
Units: 4 self-contained units
Unit Layout: Each unit includes 3 bedrooms and 1.5 bathrooms
Year Built: 1972
Zoning: MC-1 (Medium-Density Low Profile Residential)
Parking: 5 surface stalls, resurfaced in 2024, with ample street parking available
Lot: Standard inner-city lot with retaining wall recently rebuilt
Recent Renovations and Capital Improvements (2024)
This property has undergone a complete transformation, both inside and out. All four units were fully renovated to appeal to today’s quality-conscious tenants while minimizing maintenance needs for ownership.
Interior upgrades include:
Fully renovated kitchens with granite countertops, brand new cabinets, and stainless steel appliances
Bathrooms completely redone with new tubs, tile work, vanities, fixtures, and modern finishes
Durable LVL plank flooring installed throughout both upper and lower levels
Fresh paint, trim, and lighting updates throughout all units
Exterior and mechanical upgrades:
New energy-efficient windows and patio doors in each unit
Separate furnaces, hot water tanks, and individual utility meters per unit
Resurfaced parking lot with defined stalls
Reconstructed retaining wall for long-term stability
Updated exterior finishes to enhance curb appeal
These renovations were designed with long-term durability, tenant satisfaction, and rental optimization in mind.
Income and Financial Performance
424 Sabrina Road SW is fully leased with fixed one-year terms. All four units are currently rented at market rates, providing predictable and stable cash flow from day one. The gross rental income is $8,350 per month, or $100,200 annually. All tenants are responsible for their own utilities, thanks to separately metered systems.
Key financial metrics:
Gross Annual Rents: $100,200
Net Operating Income (NOI): Approx. $78,720 annually
Cap Rate: 5.4% at asking price
Utility Structure: All tenant-paid (gas, water, electricity)
This property offers strong investment fundamentals with minimal projected maintenance, making it an excellent asset for portfolio stabilization or long-term wealth building.
Bi-Level Design Advantage
Unlike traditional up/down duplex configurations, each of the four units in this property features a full bi-level design. This provides tenants with more usable space and a layout that feels more like a single-family home, resulting in better tenant retention and increased rental appeal. buyer will accept current RPRMore details
The investment opportunity for this fully rented 4-Plex in the South West community of Southwood is great. With 4 units all with 3 Bedrooms and 1290 sq.ft of living space each, these rental units are a solid addition to your portfolio. This property is generating rental income of $6,900 / Month ($82,800 / Year) with a Cap Rate of 5.50% (Based on the asking price and the 2025 Property Taxes). Some of the tenants have been in this property for years and all of the leases are recently renewed for another 1 year fixed term tenancy. The property also comes with 4 dedicated parking stalls in the alley, one for each unit.More details
**Open House SAT SEPT 27th 2-4PM** This FULLY RENOVATED property offers incredible versatility and investment potential with a LEGAL 2-bedroom basement SUITE featuring a PRIVATE WALK-UP ENTRANCE, separate YARD SPACE, designated PARKING, DOUBLE soundproofing between levels, its own furnace, washer/dryer hookups, and electrical panel. Perfect to live up and rent down OR add to your INVESTMENT portfolio.
Taken down to the STUDS and rebuilt with functionality in mind, the main level is BRIGHT and OPEN with refinished HARDWOOD floors and plenty of natural light. The kitchen has FULL-HEIGHT cabinetry, QUARTZ countertops, and SS appliances, combining timeless style with everyday practicality. The spacious layout includes 3 generous bedrooms, including a primary with a stylish 3-PIECE ENSUITE. All bedrooms feature BUILT-IN CLOSETS with organizers and fans while the third bedroom is designed with a MODERN GLASS WALL—ideal for office use but easily converted back if desired. A 4-piece bath finishes the main. The beautifully LANDSCAPED BACKYARD is designed to impress and features numerous spaces for all parties to enjoy some outdoor time in private. The sunken hot tub has never used and is waiting for you to enjoy. Additional highlights >> SPRAY FOAM insulation in the walls and R24 in the attic for energy efficiency. Extensive updates include a newer roof, electrical, plumbing, and windows, providing peace of mind for years to come. The BRAND-NEW GARAGE is INSULATED, DRYWALLED, and HEATED, built on a CONCRETE foundation, with SEPARATE OVERHEAD storage and enough space for two vehicles or all your recreational toys. Fencing has been reinforced with STEEL posts and ROCK BASE for extra sturdiness and water protection. Don’t let the LOCATION fool you—this home sits on a QUIET STREET on the ‘Haysboro’ side of Southwood, and has a PEACEFUL GREEN BELT right out front. Easy access to all major thoroughfares, as well shops and services are within minutes. Every detail of this home has been carefully thought out to provide COMFORT, FUNCTION, and VALUE. Come see today!More details
This Great Home is Nestled in the established neighborhood of Southwood surrounded by all levels of schools, shopping and public transit. This home has been lovingly cared for over 60 years and features refinished hardwood floors throughout the main floor, freshly painted and has a bright open floor plan with a living/dining room combo. This home has 3 spacious bedrooms up/ 2 downstairs. It also comes with a total of 2 full bathrooms and a finished basement with a recreation room. Upgrades include 6 year old roof, 3 year old furnace, 2 year old water heater. The private backyard features a 18′ x 24′ covered carport and a new fencing. What a great place to live close to all amenities. Don’t miss this opportunity! 126 Springwood Dr. SWMore details
Prime West Southwood Location! Situated on a quiet street across from schools and a park, this beautifully updated home sits on a huge south-facing lot with a sunny deck, perfect for relaxing or entertaining. With 2,150 sq. ft. of total living space, this home blends comfort, style, and functionality. Walk in and immediately notice gorgeous Egyptian ceramic tile flooring in main entrance and brand-new flooring flows seamlessly throughout. The main floor offers 3 spacious bedrooms, eat-in kitchen with updated maple cabinets, brand-new quartz countertops, brand-new electric stove, other newer appliances, elegant crown moldings, and a renovated bathroom. The fully developed basement illegal suite with a separate entrance provides extra value and privacy, featuring 2 bedrooms, second kitchen, bathroom, recreation room, plus Roxul soundproof insulation between levels. Car enthusiasts will love the oversized 24′ x 24′ garage, insulated, drywalled, with windows, attic storage, upgraded 220V power, and a maintenance-free exterior. Updates: New vinyl flooring (2025), Fresh paint (2025), Quartz countertops (2025), Kitchen cabinets (2025), New stove (2025), New bedroom doors (2025), New hot water tank (2025). Additional upgrades in recent years include roof, insulation, gutters, soffits, fascia, furnace, and fencing. This move-in-ready home checks all the boxes, location, space, and upgrades!More details