Attention builders and investors, this lot is rare 50'x180' (frontage/depth) - approx. 9000 sqft M-C2 zoned inner city lot(s) 23 & 24. Selling for "LAND VALUE". M-C2 & C-COR2 commercial zoning to the East and an M-CG zoned 5 plex to the West. M-C2 zoning is one of the highest (multi-residential/medium density) with flexibility to develop 3 to 5 level condo building with City of Calgary approval. See SUPPLEMENTS for Conceptual Drawings of an (11 unit) complex with underground parking - additional units are possible. Currently there is a recently FULLY RENOVATED bungalow with LEGALIZED basement suite (#533) and double garage - rented/occupied by 3 separate tenants. Roof replaced in 2018. Purchase this property and you have the option to REDEVELOP NOW or HOLD this turn-key renovated rental property and redevelop down the road. Located in the COVETED inner city community of Mount Pleasant - close to Confederation Park & amenities of 4th Street & 16th Avenue NW. Quick commute to LRT/SAIT, UofC & Downtown. Two sets of newer appliances (fridge, stove, dishwasher, washer & dryers) included. Community Sportsplex is within walking distance. St. Joseph's Elementary/Junior High School is located across the street.
Single Carport, Double Garage Detached, Over Sized, Parking Pad Gravel, RV Parking
Commercial, Flat Site, Fruit Trees/Shrubs, Golf Nearby, Back Lane, Landscaped, Playground Nearby, Public Swimming Pool, Schools, Shopping Nearby, Public Transportation
CENTURY 21 BRAVO REALTY.
Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.
Listing information last updated on July 23rd, 2019 at 12:15pm MDT.