Southeast Calgary Million Dollar Homes - Luxury Living at Its Finest
Experience the pinnacle of elegance and opulence in Southeast Calgary's million-dollar homes. Immerse yourself in a world of luxury, where exquisite craftsmanship, breathtaking design, and unparalleled amenities combine to create the ultimate living experience.
Unveiling Southeast Calgary's Million Dollar Homes:
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- Diverse Selection: Discover a wide range of million-dollar homes in Southeast Calgary, from modern architectural marvels to timeless estates, each showcasing unique character and sophistication.
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Elevate Your Living Experience:
Southeast Calgary's million-dollar homes represent the epitome of luxury and offer an unparalleled lifestyle. Don't miss the opportunity to indulge in the finest properties the region has to offer. Contact Diane Richardson at 403.397.3706 today to begin your journey towards owning your dream million-dollar home in Southeast Calgary.
SOUTHEAST CALGARY MLS® LISTINGS
SOUTHEAST CALGARY MILLION DOLLAR HOMES
424 Sabrina Road SW
Calgary
T2W 1P9
$1,395,000
Multi-Family
5,028 sq. ft.
built: 1972
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2282689
- Year Built:
- 1972
- Photos (26)
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424 Sabrina Road SW presents a rare opportunity to acquire a fully modernized, income-generating rare 3 bedroom units/ 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) 4 self-contained units 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
- Home Style:
- Attached-Side by Side, Bi-Level
- Total Living Area:
- 5,028 sq. ft.
- Year built:
- 1972 (Age: 54)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 324LK
- Heating:
- Central
- Foundation:
- Poured Concrete
- New Constr.:
- No
- Construction Material:
- Brick, Vinyl Siding
- Structure Type:
- Four Plex
- Roof:
- Flat Torch Membrane
- Ensuite:
- No
- Flooring:
- Vinyl Plank
- Cooling:
- None
- Garage:
- No
- Garage Spaces:
- 5
- Parking:
- Alley Access, Parking Pad
- Parking Places:
- 5
- Parking Total/Covered:
- 5 / -
- Southwood
- Dishwasher, Dryer, Oven, Range, Refrigerator, Washer/Dryer
- n/a
- None Known
- Title to Land:
- Fee Simple
- Interior Features:
- No Smoking Home, Open Floorplan, See Remarks, Separate Entrance, Vinyl Windows
- Exterior Features:
- Private Entrance, Rain Gutters
- Patio And Porch Features:
- Balcony(s)
- Num. of Parcels:
- 0
- Region:
- Calgary
- Zone:
- CAL Zone S
- Zoning:
- M-C1
- Listed Date:
- Jan 29, 2026
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Listed by CIR Realty
Data was last updated January 31, 2026 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 30
- Avg list price:
- $2,840,000
- Min list price:
- $799,800
- Max list price:
- $12,250,000
- Avg days on market:
- 93
- Min days on market:
- 2
- Max days on market:
- 215
- Avg price per sq.ft.:
- $590.38
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
- Contact by Email
CALGARY MILLION DOLLAR HOMES
Here are a few ways to make it easy for you to get in touch with Diane Richardson:
-
Contact form: A contact form on my website can allow you to send me a message directly from this page. Be sure to include your name, email address, and a message.
-
Phone number: Included is my phone number here on the page can allow you to call you me directly with any questions or to schedule viewings. 403.397.3706
-
Email address: an email address ( Diane@Mypadcalgary.com )can allow you to reach out to me with any questions or to request more information.
-
Live chat: I have a live chat feature on this website, you can get in touch with me in real-time and get immediate answers to your questions.
Please be sure to include the property address or MLS® number for the listing you are interested in.
