Exceptional opportunity awaits INVESTORS AND BUILDERS within the prestigious CMHC MLI SELECT PROGRAM! Situated on a spacious 51' x 126' CORNER LOT with coveted R-C1 zoning, this property holds promise for lucrative returns and endless potential. With the option to rezone for a 4-plex featuring 4 legal suites in the basement for future development, or to utilize it as a rental property with separate accommodations, the possibilities abound. Nestled in a vibrant community, it offers unrivaled convenience with various amenities nearby, including shops, restaurants, schools, and rapid transit. Step into the inviting bungalow to explore its unique charm, featuring an illegal suite providing dual rental opportunities with private entrances. The main floor offers a cozy retreat for families, boasting spacious living areas, a well-appointed kitchen, and three generous bedrooms. Outside, the fully fenced backyard beckons for relaxation and gatherings, while the basement illegal suite provides additional space for rental income or extended family stays. Enjoy the added convenience of a double detached garage and mature landscaping, creating a tranquil oasis. With easy access to downtown and major routes, along with ongoing city redevelopment plans, this property offers a prime investment opportunity. Don't miss your chance to secure a foothold in one of the city's most desirable neighborhoods. Whether you're an investor, developer, or seeking your forever home, this property offers the ideal foundation for your aspirations.
Data was last updated May 4, 2024 at 02:05 AM (UTC)
Area Statistics
Listings on market:
2,910
Avg list price:
$625,000
Min list price:
$150,000
Max list price:
$9,900,000
Avg days on market:
16
Min days on market:
0
Max days on market:
478
Avg price per sq.ft.:
$449.49
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.