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
Welcome to this renovated bungalow nestled in the heart of Southwood, one of Calgary’s most sought-after southwest communities. With mature tree-lined streets, spacious lots, and excellent access to transit and amenities, Southwood offers an established inner city location. Step inside to discover a home reimagined from the inside out; every detail has been thoughtfully upgraded for modern living. This home offers designer finishings throughout, from the elegant bathrooms to the sleek luxury vinyl plank flooring that flows throughout the main level. The exterior is equally striking with durable Hardie board siding, giving both style and low-maintenance resilience. The chef’s kitchen provides timeless quartz countertops, stainless steel appliances, and a functional layout; making it ideal for both casual meals and entertaining. South-facing windows flood the home with natural light, creating a bright and warm home. The primary bedroom is a true retreat. It features a walk-in closet and a luxurious ensuite bathroom with dual vanities and an oversized shower. One of the property’s standout features is the backyard oasis. Enjoy privacy thanks to mature trees, and appreciate the beauty and structure provided by a stunning stone retaining wall that adds both elegance and definition to the outdoor space. This secluded setting is ideal for relaxing, entertaining, or gardening in peace. Parking and storage are well accommodated with a large detached double garage, plus an extra pad for additional vehicles or RV parking. Central A/C ensures comfort during Calgary’s warmer months. Downstairs, the fully finished basement offers a generously sized bedroom with a walk-through closet and its own ensuite. The basement also offers a wet bar, perfect for a recreation area or guest quarters. Best of all, it has a separate entrance, making conversion to a legal basement suite straightforward for future flexibility (subject to approval and permitting by the city). This is a rare opportunity to own a turnkey, thoughtfully reimagined home in a mature community with excellent future potential.More details
Open House Saturday Oct 18, 11am - 1pm, Welcome to this beautifully maintained and extensively updated four-level split, perfectly situated on a large corner lot in the heart of Southwood. Boasting nearly 2,200 sq ft of developed living space and 1,657 sq ft above grade, this home offers exceptional functionality, warmth, and character throughout.
Inside, you’ll find 9 foot ceilings on the main floor and the master suite. There are four bedrooms—three up and one down—ideal for families or those seeking multi-generational living. A separate entrance provides future potential for a secondary suite (subject to city approval).
The heart of the home is the custom kitchen, showcasing endless built-ins, solid hickory wood cabinetry, abundant storage, wiring for under-cabinet lighting, and even a rough-in for a future garburator. There is an office nook off the kitchen. Rich hardwood flooring flows through most of the home, adding warmth and elegance.
Relax in the cozy family room with a wood-burning fireplace, or unwind in the luxurious primary suite, complete with a gas fireplace, walk-in shower, jetted tub, in-floor heating, and 5-piece ensuite.
Additional features include:
• Oversized double garage with 10-ft ceilings and gas line rough-in
• Two fireplaces: wood-burning in family room, gas in primary bedroom
• On-demand hot water system
• Furnace upgraded with a new motor and motherboard
• LED lighting throughout most of the home
• Stucco exterior
• Large wrap around and covered front porch and sunny back patio
• Arctic Spa hot tub included
Located directly across from a park, schools, and the Southwood community centre, this Southwood location offers unbeatable convenience in a family-friendly setting. Close to shopping, minutes to Southcentre Mall, grocery stores, medical clinic, library and more.
Don’t miss this unique opportunity—homes like this are rarely available!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
This beautifully updated home offers incredible value and flexibility, perfect for both homeowners and investors alike. Set on a quiet street with easy access to transit, schools, shopping, and parks, this property has been thoughtfully renovated from top to bottom in 2018 (including a new roof) for peace of mind and modern comfort. The main level boasts +1,000 sq ft of bright, stylish living space with laminate plank flooring, large windows that brighten the home with natural light and a cozy wood-burning fireplace that anchors the main living area. The kitchen features a large central island w/breakfast bar seating, pristine off-white cabinetry with silver hardware, dual sink with window overlooking the backyard and SS appliances including french door fridge w/bottom freezer, electric stove, OTR hood fan, built-in dishwasher & microwave, perfect for any home chef. A door leading to the side deck and into the backyard makes hosting summer BBQs a breeze. The main layout also includes three generously sized bedrooms, a full 3pc bathroom (with glass shower) and a convenient 2pc ensuite in the primary bedroom. The lower level features a fully finished basement suite (illegal) with its own separate entrance, ideal for extended family or potential rental income. This suite includes large windows, updated SS appliances (fridge, stove, OTR hood fan & microwave), private laundry (side-by-side washer & dryer), and an efficient layout for comfortable, independent living. 2 good-sized bedrooms (one w/ walk-in closet) a shared 4pc bathroom (w/ tub/shower combo) & large rec room (customizable to your liking) nicely finish off the lower level. Outside, enjoy summer evenings on the newer patio, perfect for gatherings, while the paved carport offers stylish and functional covered parking for the winter months. With all the major updates complete, this home is move-in ready and a smart option in a location that truly delivers. Don't miss your opportunity to own this gem! Schedule your viewing today!More details
Exquisite Southwood Bungalow - Fully Transformed in 2021
Extensively renovated home in the desirable community of Southwood, offering the feel and function of a new build. 2021 Upgrades include insulation, new roof, new drywall, high-efficiency furnace and water tank, large windows installed in both the home and garage, flooding the space with natural light.
Designer Interiors and Premium Finishes
The main level boasts gorgeous engineered hardwood flooring throughout principal rooms. The living room is bright and spacious, highlighted by a massive 10-foot window, an in-wall gas fireplace surrounded by chic brick decor and ceiling mounted smart TV.
The gourmet kitchen is a chef's delight, featuring sleek shaker-painted cabinets. It showcases premium Whirlpool stainless black series appliances, including built-in oven and microwave, a gas cooktop, and a 36-inch French door refrigerator. A functional island with its own LED lighting completes this stunning space.
The primary suite is a true retreat, featuring a unique feature wall and an impressive walk-through closet with shelving and dressing table. Prepare to be spoiled in the 4-piece master ensuite, which boasts luxurious black tiling, a semi-recessed double vanity, and a decadent rain shower with six added jets and black penny round accents over black granite. For ultimate comfort, the ensuite also includes heated floors! Completing the main floor convenience is a separate laundry closet with washer/dryer.
Fully Developed Lower Level
The basement (easily suited - subject to municipal approval) is a fantastic extension of the living space, offering a kitchenette, huge recreation area perfect for entertaining, games, or simply relaxing. The lower level includes two generously sized bedrooms and a well-appointed 4-piece bathroom.
Unbeatable Location and Convenience
Location is everything, and this property delivers! Situated on Elbow Drive, you have the ultimate convenience of a large plaza right across the street with a grocery store, doctor's office, dentist, pet store, fast food, gas stations, and more. Commuting is a breeze, as you are just minutes to downtown, the Ring Road, and have easy access to everything in Southwest Calgary. For families, the home is close to both elementary and middle schools.
The property features a huge fully fenced back yard, single-car, insulated, drywalled and painted garage with a triple parking pad in the back. Call or message to view this great property.More details
“This stunning 4-bedroom, 2-bath Southwood bungalow is filled with natural light from newer windows throughout the main floor and showcases beautiful hardwood flooring. The main level features a bright living room, and a spacious eat-in kitchen with dining room, overlooking the south-facing backyard—perfect for gardens and outdoor living. Three generously sized bedrooms and a 4-piece bath complete the main floor. Numerous updates in recent years include the hot water tank, furnace, roof shingles, and windows. A separate side entrance provides excellent potential for a legal/illegal suite, offering added cash flow opportunities. The finished basement expands the living space with a huge family room, flex room, 3-piece bath, laundry room, and storage. Outside, enjoy a private yard, an double garage. Located near schools. Minutes away from LRT, close to Chinook Centre and Southcentre, restaurants, grocery stores, parks, community centre, Fish Creek Park, and Glenmore Reservoir, whether your downsizing or looking for an investment property. This is an incredible opportunity!”More details
*Open House October 11 (1-4pm)* Welcome to this beautifully updated 4-bedroom, 2-bathroom bungalow in the heart of Southwood! Offering 1,229 Sq.Ft of stylish living space above grade (2290 Sq.Ft total living space), this home blends comfort, functionality, and opportunity. Step inside to find luxury vinyl plank flooring, stainless steel appliances, and an open, sun-filled layout highlighted by a stunning bay window that floods the main floor with natural light. The fully renovated 5-piece bathroom upstairs adds a touch of luxury, while the thoughtfully designed 3 bedrooms up provide plenty of space for families or guests. A separate side entrance leads to the basement, which features a large 4th bedroom, a 3-piece bathroom, and plumbing rough-ins—perfect for creating a future legal/illegal secondary suite (subject to city approval). Investors, take note! One of the standout features of this home is the heated sunroom with a skylight—a cozy space to enjoy year-round, no matter the weather. Step outside to your choice of a spacious front deck or rear deck, perfect for morning coffee or evening BBQs. The large backyard offers plenty of room to entertain, garden, or let the kids and pets play, and there's already a single-car garage with space to build a double if desired. Commuting is a breeze with a 5-minute walk to the Southland LRT Station, and you’re just minutes from Macleod Trail, Stoney Trail, and top-rated schools including Southwest Elementary, Harold Panabaker School, and Dr. E.P. Scarlett High School. Plus, enjoy being close to a variety of shopping, dining, and everyday amenities. This move-in-ready home offers the perfect blend of modern updates, prime location, and suite potential-book your private tour today. Contact your favorite Realtor today to book a showing before this one is gone!More details
Southwood Bungalow! This is a clean 3 bedroom 1200 sq ft Bungalow located on a nice quiet street in a mature area . Lots of sun to show off original gleaming hardwood floors on main floor from large west facing living room windows . Large lot and newer concrete patio in spacious private rear yard. Both double garage and house have had roof replaced in last 10 years. Garage has recently had new door installed. Master bedroom has 2 pce ensuite and second and third bedroom have been connected with glass doors for to create larger bedroom with flex area/ sitting room. easily converted back to 2 separate bedrooms. basement has large rec room and bedroom with lots of storage and a 3 pce bath with lots of upgrade potential. two natural gas fireplaces in upper living room and lower rec room area. basement area was developed before it was purchased so seller has no knowledge on permits in basement. Lots of homes being updated recently on street and in this area and this Bungalow has lots of potential for same. Close access for LRT, schools , shopping. etc .More details
What a great opportunity to acquire a RARE 3 LEVEL SPLIT detached home with a DOUBLE FRONT ATTACHED GARAGE, located on a QUIET STREET in the SOUGHT-AFTER community of SOUTHWOOD! Updated over the years and very well taken care of, this home is IDEAL FOR A FAMILY.
The main floor features a spacious living room with HARDWOOD FLOORING, a corner GAS FIREPLACE, and access to the backyard; plus a FUNKY KITCHEN with plenty of cupboards, stone countertops, a wine rack, a cooktop stove, and a built-in oven.
The upper level offers a large primary bedroom with a walk-in closet and a 3PC ENSUITE upgraded BATHROOM, along with two more generously sized bedrooms and a 4PC updated bathroom.
The basement provides a large RECREATION/FAMILY ROOM, a 2PC bathroom, and a massive crawl space perfect for storage. Your future home is equipped with CENTRAL AIR CONDITIONING. The double garage is HEATED and has a freshly painted floor.
The MASSIVE BACKYARD boasts a LARGE DECK, a shed, a concrete pad for a hot tub, a BBQ GAS LINE plus the added bonus of a back lane. All WINDOWS HAVE BEEN UPDATED TO VINYL. BRAND NEW CARPET throughout the upper level as well!
You’ll be ideally located within walking and biking distance to excellent schools, including Ethel M. Johnson (Elementary), Harold Panabaker (Jr. High), and Dr. E.P. Scarlett (High School) with the Calgary Board of Education. Nearby options also include St. Stephen’s (Elementary) under the Catholic school system and Foundations for the Future Academy, a private charter elementary school.
Close to Anderson LRT, Superstore, major bus routes, Anderson Road, and Macleod Trail — this is the perfect location for families and commuters alike.
COME VIEW IT NOW!More details
Data was last updated October 16, 2025 at 10:05 PM (UTC)
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