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A2250685 - 424 Sabrina Road SW, Calgary, Alberta T2W 1P9




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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 RPR

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ESSENTIAL
MLS®:A2250685
Price:1,395,000.00
Type:Multi-Family
Sub Type:4 plex
Style:Attached-Side by Side,Bi-Level
Lot Size:7,534 sq. ft.
Levels:Bi-Level
Total Sqft:2520 Sqft.
RestrictionsNone Known
DOM68
INTERIOR SNAPSHOT   
Flooring:Tile, Vinyl
Heating:Central


COMMUNITY DETAILS
Address:424 Sabrina Road SW, Calgary, Alberta T2W 1P9
City:Calgary
Subdivision:Southwood
County:Calgary
Province:Alberta
Postal Code:T2W 1P9
School: Schools
Housing:Housing Market
Statistics:Real Estate Statistics
EXTERIOR
Year Built:1972
Structure Type:Four Plex
Foundation:Poured Concrete
Frontage:18.29M 60`0"
Roof:Asphalt/Gravel
Zoning:M-C1
Construction:Vinyl Siding
Parking Total:5
ROOM DIMENSIONS


Inclusions: each of the 4 units has its own dishwasher/washer&Dryer/Fridge/Window Coverings/Stove Oven/Microwave
Parking Features: Asphalt, Parking Pad
Patio And Porch Features: Balcony(s)



Courtesy: CIR Realty


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FAQs about 424 Sabrina Road SW, Calgary,
Alberta, T2W 1P9

424 Sabrina Road SW MLS® A2250685 has an approximate size of 2,520 Sq. Ft. located in Southwood.

Nearby schools include read Schools & resources

There are 0 bedrooms and 0 bathrooms in this Multi-Family listing at 424 Sabrina Road SW, MLS® A2250685.

This Multi-Family listings is priced at $1,395,000.

This property is located at 424 Sabrina Road SW, Calgary, Alberta, T2W 1P9 in the Southwood community on the market for 68 days. View location on Google maps.

You can find new community resources, emergency phone numbers, crime statistics, and local news, similar homes & real estate information on our Southwood community resources page.