Exceptional redevelopment opportunity in the highly sought-after community of Parkhill. Situated on an M-C1 zoned lot, this property offers outstanding potential for investors, builders, and developers. While the existing home has benefited from numerous recent upgrades-including a newer roof, windows, doors, plumbing lines, electrical panel and wiring, furnace, and hot water tank-the true value lies in the land and its future development potential.An approved Development Permit for a four-storey apartment building is already in place, creating a rare opportunity to develop a long-term income-producing asset in one of Calgary's most desirable inner-city locations. Whether you are an experienced developer expanding your portfolio or an entrepreneur seeking a manageable multifamily project, this property presents exceptional possibilities. (id:374)
| MLS # | A2320969 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1908 |
| Days On Site | 135 |
| Listing Provided By | Creekside Realty | Arun K. Uppal |
| Bed(s) | 1 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 626 |
| Basement | Y |
| Story(s) | 1 |
| Zoning | M-C1 |
| Acreage | 0.07 |
| Cooling | None |
|---|---|
| Heating | Forced air |
| Appliances | None |
| Fireplace Yes / No | No |
| Lot Features | See remarks |
|---|---|
| Foundation Details | Wood |
| Fencing | Partially fenced |
| Parking Features | Other |
|---|---|
| Parking Total | 1 |
| Tax Annual Amount | 3271 |
|---|---|
| Tax Block | 5 |
| Tax Lot | 8 |
| Tax Year | 2026 |
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T2S2W7 |
| Community Name | Parkhill |
| Listing VS Median (in Parkhill) | |
Price: $499,900 low | high Med: $1,025,000 sqft: 626 low | high Med: 2,019 $ / sqft: $799 low | high Med: $538 On site: 135 low | high Med: 28.5 | |
| Province | AB |
|---|---|
| City | Calgary |
| Postal Code | T2S2W7 |
| Community Name | Parkhill |
| Listing VS Median (in Parkhill) | |
Price: $499,900 low | high Med: $1,025,000 sqft: 626 low | high Med: 2,019 $ / sqft: $799 low | high Med: $538 On site: 135 low | high Med: 28.5 | |