Unveiling Calgary's Opulence: Explore the 10 Most Expensive Homes (Updated Daily)
Experience the pinnacle of luxury living in Calgary. Look no further than our meticulously curated list featuring the 10 Most Expensive Homes for Sale in the city. These remarkable properties showcase prestigious locations, architectural grandeur, and unparalleled amenities, all listed on the Calgary MLS. Immerse yourself in a virtual tour of opulence and find a residence that embodies your discerning taste.
Unveiling a World of Luxury:
- Million-Dollar Masterpieces: Prepare to be mesmerized by sprawling estates, stunning high-rise penthouses, and exquisite properties that redefine the meaning of luxury. Each residence exudes exceptional craftsmanship, high-end finishes, and features designed to cater to the most discerning homeowners.
- Prime Locations & Breathtaking Views: These prestigious properties are nestled in Calgary's most coveted neighborhoods, offering exclusivity, serenity, and often, breathtaking panoramic views of the city or the majestic Rocky Mountains.
- A Wealth of Amenities: Indulge in a world of unparalleled amenities. From private home theaters and resort-style swimming pools to wine cellars and rooftop terraces, these homes provide everything you need for a life of indulgence and entertainment.
Finding Your Dream Home with Confidence:
- Explore Calgary MLS Listings: Delve into our comprehensive database showcasing the 10 most expensive properties currently available on the Calgary MLS. Each listing includes detailed descriptions, high-resolution photos, and captivating virtual tours (if available).
- Refine Your Search: Narrow down your options based on your specific criteria. Choose from a variety of architectural styles, locations, property types (estates, penthouses, condos), or desired features.
- Expert Guidance at Your Fingertips: Partner with Diane Richardson, your trusted luxury real estate expert in Calgary. Benefit from her extensive market knowledge and established connections to discover the perfect property that aligns with your vision and lifestyle goals.
Unlock the Door to Extraordinary Living:
Ready to explore the exciting possibilities of living in Calgary? Contact Diane Richardson today! With unwavering dedication and expertise in the local market, Diane will guide you through every step of finding your ideal home.
Call Diane Richardson at 403.397.3706 or send her an email for a personalized consultation.
Don't miss out! These extraordinary properties are highly sought-after and won't be available for long. Begin your journey of discovering the epitome of luxury living in Calgary by exploring our exclusive listings today!
Explore Million Dollar Homes for Sale in Calgary and Surrounding Areas
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This is a great way to get immediate answers to your questions. To ensure a prompt response, please include the property address or MLS® number for the listing you are interested in.
424 Sabrina Road SW
Calgary
T2W 1P9
$1,429,000
Multi-Family
2,520 sq. ft.
built: 1972
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2250685
- Year Built:
- 1972
- Photos (23)
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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
- Property Type:
- Multi-Family
- Property Sub Type:
- 4 plex
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Home Style:
- Attached-Side by Side, Bi-Level
- Total Living Area:
- 2,520 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Below Grade Finished Area:
- 2,508 sq. ft.
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Lot Area:
- 7,534 sq. ft.
- Lot Frontage:
- 60'
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Levels:
- Bi-Level
- Year built:
- 1972 (Age: 53)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 324LK
- Heating:
- Central
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Vinyl Siding
- Structure Type:
- Four Plex
- Roof:
- Asphalt/Gravel
- Ensuite:
- No
- Flooring:
- Tile, Vinyl
- Cooling:
- None
- Garage:
- No
- Parking:
- Asphalt, Parking Pad
- Parking Covered:
- 5
- Parking Places:
- 5
- Parking Total/Covered:
- 5 / 5
- Southwood
- Dishwasher, Microwave, Stove(s), Washer/Dryer, Window Coverings
- each of the 4 units has its own dishwasher/washer&Dryer/Fridge/Window Coverings/Stove Oven/Microwave
- None Known
- Title to Land:
- Fee Simple
- Interior Features:
- Granite Counters, No Smoking Home, Open Floorplan, See Remarks, Separate Entrance, Vinyl Windows
- Patio And Porch Features:
- Balcony(s)
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone S
- Zoning:
- M-C1
- Listed Date:
- Aug 28, 2025
- Days on Mkt:
- Signup
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South Facing -
5 Parking Stalls
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No Renos need for 10 years
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Upgraded Window Covering
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Tile Floor low maintenance
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Premium 5mm LVO
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Fresh Paint
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All new Lighting
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Private Entrances for each unit
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BBQ Balcony
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Bedrooms completly redone
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Brand new bathroom
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Rm for Queen Size Bed
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All new blinds
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Storage for kids toys, winter tires,
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Listed by CIR Realty
Data was last updated September 5, 2025 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 29
- Avg list price:
- $2,899,999
- Min list price:
- $865,000
- Max list price:
- $13,800,000
- Avg days on market:
- 51
- Min days on market:
- 7
- Max days on market:
- 213
- Avg price per sq.ft.:
- $568.52
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.
- DIANE RICHARDSON
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
Diane Richardson 403.397.3706
Diane@mypadCalgary.com
Cell:
403-397-3706
CIR Realty
703 64 Ave SE #130
Calgary
AB
T2H 2C3
CA
Featured Listing
Location: Rural Wheatland County
220048 RR 212
$549,900
MLS®#: A2224407
Bedrooms: 4
Bathrooms: 2.0
CIR Realty