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Data was last updated 2024-05-18 at 19:54:15 PM (MDT)

5016 22 Street SW - MLS® # A2128461

Property Details


List Price
$949,900
Living Area
977 sqft.
Bedrooms
5
Bathrooms
2
Lot Size Area
6006 sq.ft.
Taxes
N/A
Type
Detached
Style
Bungalow
Basement
Finished, Full
Year Built
1956

Description

*Visit Multimedia Link for full details* ATTENTION BUILDERS, DEVELOPERS & INVESTORS! FULL SIZE 50' x 120' R-C2 LOT IN ALTADORE! Here is a great opportunity for a full-size development lot in Altadore, one of Calgary's most desirable inner-city communities. Facing directly onto green space, this property is just a short 16 min walk from Mount Royal University and within a 5 min drive or 25 min walk of numerous shops, services, recreational facilities and multiple schools. This is a great opportunity to develop two detached or semi-detached infills with or without basement suites. Or, seek a rezoning and build townhomes - this location works well for either! One of the few remaining lots on this block with green space right out front, this property would also offer some great MOUNTAIN VIEWS from a second or third storey. The existing home is a 50's era bungalow with illegal basement suite - easily rentable while you do up plans and get your permits for development. The upper 2-bed unit offers hardwood floors, large living and dining rooms, full kitchen with breakfast nook, and 4-pc bath. The lower level contains an illegal 2-bedroom suite (windows may not meet current egress requirements), providing an opportunity for additional rental income. A large storage room and shared laundry complete the lower level. The property also has a sizeable backyard, detached garage, and carport. Altadore is renowned as one of Calgary's most desirable inner city communities, chock full of amenities, parks and schools. Commuting downtown or throughout the city is a breeze thanks to quick access to Crowchild Trail and Glenmore Trail. If you're seeking a redevelopment project in a prime location or looking for an investment property with great development potential, this listing offers an ideal solution.

Features

None

Listing Provided By

RE/MAX House of Real Estate

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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  • CIR REALTY
  • 168, 8060 Silver Springs Blvd. NW
  • CALGARY, AB
  • T3B 5K1