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$1,399,999

Est. payment - /mo

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10 Beds

4 Baths

1,985 SqFt

New

14 Rosetree Crescent NW Calgary, AB T2K1M9

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Tej Gill

info@tejgill.ca +1(403) 969-7515

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1985

Square Footage 1,985 sqft

Price per Sqft $705

Subdivision Rosemont

MLS® Listing ID A2332938

Style Bungalow

Bedrooms 10

Year Built 1959

Lot Size 0.264 Acres

Acres 11485.09

Property Sub-Type Freehold

Property Description

Rare 4plex on the largest lot in Rosemont (11,485 SF) delivering exceptional cash flow today and a premier redevelopment play tomorrow. You cannot beat $135,000 of annual gross revenue, creating $70,000 of net operating income. Four income units on one title, plus a detached triple garage, sitting on one of the most coveted crescents in this premiere inner-city NW community. The Rosetree 4plex is built for investors: two long-term tenancies (with excellent tenants who would like to stay) provide base income (in the upper and lower units of 14A Rosetree), while two fully furnished short-term rentals (14 Rosetree, Units 1 and 2) create significant positive cash flow. All four units highly rentable and in strong demand year-round. 2025 net operating income of $70,725 on $135,108 gross revenue, a 5.05% cap rate, and a turnkey operating system in place. The current owner/managers have are long time held Airbnb Super Host & VRBO Premier Host status and can provide the prospective buyer the blueprint to manage this excellent cash flowing 4plex with automated systems. Over $130,000 in capital improvements completed since 2022, including a completely renovated and legalized basement suite. The real enduring value is the land. At 11,485 SF, this is nearly two full city lots and one of the rare inner-city parcels that supports future redevelopment into two luxury homes, offering long-term optionality that few cash-flowing assets can match. Unbeatable location minutes from Confederation Park, SAIT, Foothills Hospital, University of Calgary and downtown, with the airport roughly 20 minutes via Deerfoot. Cash flow now. Redevelopment later. A truly rare inner-city hold. (id:24570)

Location

Province AB

Rooms

Kitchen 3.0

Extra Room 1 Basement 7.83 Ft x 6.83 Ft 4pc Bathroom

Extra Room 2 Basement 11.33 Ft x 10.00 Ft Bedroom

Extra Room 3 Basement 7.42 Ft x 9.42 Ft Bedroom

Extra Room 4 Basement 10.58 Ft x 15.50 Ft Kitchen

Extra Room 5 Basement 12.00 Ft x 10.33 Ft Recreational, Games room

Extra Room 6 Basement 4.08 Ft x 6.42 Ft Furnace

Interior

Heating Forced air,

Cooling None

Flooring Ceramic Tile, Hardwood, Vinyl Plank

Exterior

Parking Features Yes

Garage Spaces 3.0

Garage Description 3

Fence Partially fenced

Community Features Golf Course Development

View Y/N No

Attached Garage No

Total Parking Spaces 5

Garage Yes

Private Pool No

Building

Lot Description Landscaped

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Tej Gill

Agent

+1(403) 969-7515

14 Rosetree Crescent NW Calgary, AB T2K1M9

Tej Gill

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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14 Rosetree Crescent NW