$645,000
$599,900
7.5%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
1 Bath
949 SqFt
SOLD DATE : 06/11/2024
Key Details
Sold Price $645,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 949 sqft
Price per Sqft $679
Subdivision Forest Lawn
MLS® Listing ID A2139542
Sold Date 06/11/24
Style Bungalow
Bedrooms 3
Full Baths 1
Originating Board Calgary
Year Built 1961
Annual Tax Amount $2,519
Tax Year 2024
Lot Size 6,092 Sqft
Acres 0.14
Property Description
AN INCREDIBLE OPPORTUNITY FOR Investors, Builders, and Developers! This is your AMAZING CHANCE to own a rare CORNER LOT with BACK LANE, measuring 50 x 122 FT, and zoned RC-G. Imagine the potential – you can apply for a Development Permit (DP) and build a 4-PLEX WITH LEGAL SUITES, creating a total of 8 UNITS (subject to City of Calgary approval).
Location is key, and this property is situated just 1 BLOCK FROM 17 AVE, placing you in the heart of a vibrant and sought-after area. The existing home is a charming bungalow with 3 bedrooms on the main level, offering comfortable living space. A separate side entrance leads to an illegal basement suite, providing additional living space or rental potential.
Not ready to build right now? No problem. This property presents a fantastic opportunity to BUY, RENT, AND HOLD, allowing you to generate rental income while you plan your development project. The potential for growth and return on investment is substantial.
This property is sold as-is, where-is, giving you the chance to shape it to your vision. It's the first time this property has been listed on MLS, making it a unique and rare find in today's market. Don’t miss out on this exceptional opportunity to invest in a prime location with endless possibilities. Secure your future development project today!
Location
Province AB
County Calgary
Area Cal Zone E
Zoning R-CG
Direction W
Rooms
Basement Separate/Exterior Entry, Finished, Full, Suite
Interior
Interior Features See Remarks
Heating Forced Air
Cooling None
Flooring Hardwood
Appliance None
Laundry None
Exterior
Garage Double Garage Detached
Garage Spaces 2.0
Garage Description Double Garage Detached
Fence Fenced
Community Features None
Roof Type Asphalt Shingle
Porch None
Lot Frontage 49.97
Total Parking Spaces 2
Building
Lot Description Back Lane, Back Yard, Corner Lot, Rectangular Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Vinyl Siding
Others
Restrictions None Known
Tax ID 91731950
Ownership Private
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