Outstanding Redevelopment Opportunity – Prime Corner Lot with Approved 4-Plex Plans!This is a rare and exciting investment opportunity on a large 8,320 sq. ft. corner lot, already approved for a 4-unit residential build (BP approved). Zoned M-C1, the property offers endless redevelopment potential in one of Calgary’s most sought-after locations.The existing raised bungalow features two separate units, each with private entrances and oversized windows for an abundance of natural light. Options abound: live in one unit and rent the other, rent both for immediate income, or develop the site into a modern multi-family build.Located just a short walk to Westbrook Mall and the LRT station, this property offers unbeatable convenience with shopping, restaurants, schools, and amenities all nearby.Upper unit includes 2 bedrooms, 1 full bathroom, a spacious living room with original hardwood floors, a kitchen with ample cabinetry, and shared laundry access.The bright, illegal basement suite features large windows, 2 bedrooms, 1 full bath, a generous living area, and a spacious kitchen.Other highlights include a double attached garage and the incredible potential of this expansive corner lot.This is truly a money-making opportunity in a location with limitless future value. Properties like this don’t come along often—book your showing today! (id:51913)
BathroomTotal | 2 | BedroomsAboveGround | 2 |
BedroomsBelowGround | 2 | BedroomsTotal | 4 |
Appliances | Dishwasher, Washer & Dryer | ArchitecturalStyle | Bungalow |
BasementDevelopment | Finished | BasementType | Full (finished) |
ConstructedDate | 1958 | ConstructionStyleAttachment | Detached |
CoolingType | None | ExteriorFinish | Stucco |
FlooringType | Hardwood | FoundationType | Poured Concrete, Wood |
HeatingFuel | Natural Gas | HeatingType | Central Heating |
StoriesTotal | 1 | SizeInterior | 864 Sqft |
TotalFinishedArea | 864 Sqft | Type | House |
Attached Garage | 1 |
Acreage | No | FenceType | Fence |
LandAmenities | Shopping | SizeFrontage | 59 M |
SizeIrregular | 8320.00 | SizeTotal | 8320 Sqft|7,251 - 10,889 Sqft |
SizeTotalText | 8320 Sqft|7,251 - 10,889 Sqft | ZoningDescription | M-c1 |
Level | Type | Dimensions |
---|---|---|
Basement | Bedroom | 10.00 M x 8.00 M |
Basement | Bedroom | 10.00 M x 9.00 M |
Basement | 4pc Bathroom | 5.00 M x 8.00 M |
Main Level | Bedroom | 11.00 M x 9.00 M |
Main Level | Primary Bedroom | 12.00 M x 9.00 M |
Main Level | 4pc Bathroom | 5.00 M x 9.00 M |