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Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
11, 5080 - 12A STREET S.E., Calgary, Alberta
P: 403-478-1400  F: 403-592-9201
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Listing Details

For more information on this listing or other please contact me.

Data was last updated 2026-06-22 at 18:00:10 GMT
$1,250,000

196 Gordon Drive SW   Calgary, Alberta

MLS®: A2322917
URL:    
A rare opportunity to acquire a purpose-built 4plex in the established community of Glamorgan, sitting on a 7,490 sq ft M-C1 zoned lot. The building features two upper-level 3-bedroom, 1-bathroom units and two lower-level 2-bedroom, 1-bathroom units, all four fully tenanted and generating combined gross rent of $6,500/month ($78,000/year). Every unit has its own dedicated laundry and is individually metered for electricity, water, and gas, meaning tenants handle their own utilities entirely with no landlord involvement required. All four units are also equipped with high-efficiency furnaces. The M-C1 zoning adds long-term upside with flexibility for future redevelopment, while the Glamorgan location offers convenient access to Mount Royal University, Westhills/Signal Hill retail, and major routes including Glenmore Trail and Sarcee Trail. A turnkey, low-hassle income property for investors seeking stable cash flow with minimal day-to-day management.
A rare opportunity to acquire a purpose-built 4plex in the established community of Glamorgan, sitting on a 7,490 sq ft M-C1 zoned lot. The building features two upper-level 3-bedroom, 1-bathroom units and two lower-level 2-bedroom, 1-bathroom units, all four fully tenanted and generating combined gross rent of $6,500/month ($78,000/year). Every unit has its own dedicated laundry and is individually metered for electricity, water, and gas, meaning tenants handle their own utilities entirely with no landlord involvement required. All four units are also equipped with high-efficiency furnaces. The M-C1 zoning adds long-term upside with flexibility for future redevelopment, while the Glamorgan location offers convenient access to Mount Royal University, Westhills/Signal Hill retail, and major routes including Glenmore Trail and Sarcee Trail. A turnkey, low-hassle income property for investors seeking stable cash flow with minimal day-to-day management.

Listing Information

Prop. Type:
4 plex
Status:
Active
City:
Calgary
Neighbourhood:
Glamorgan
Area:
Calgary
Province:
Alberta
MLS® Number:
A2322917
Listing Price:
$1,250,000

General Information

Year Built:
1968
Total Square Feet:
2514ft2

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This property is listed by Exp Realty and provided here courtesy of Mr Channi Toor. For more information or to schedule a viewing please contact Mr Channi Toor.
Mr Channi Toor
THE REAL ESTATE COMPANY LTD.
Phone: 403-478-1400
Mobile Phone: 403-478-1400
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Channi Toor

Having watched and participated in the growth of the Calgary area for many years now, I?ve developed unique knowledge of its communities and hidden treasures as well as an intuitive feel for its real estate market.

I take professional and personal pride in keeping my clients abreast of market trends, news and have in-depth knowledge of the subtleties of purchasing and selling real estate in Calgary.

Contact Me today and begin your Calgary real estate experience. I look forward to serving you.