| DC-1 with Permitted Use of MU-1 (MU-1f8h75) | Upper Units: 3 bedrooms, 1 bathroom each | Each unit has its laundry facilities | Walk-out Basement Suites | Backing onto Park | Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.More details
LAND ASSEMBLY! Fine 827 square foot home on this DEVELOPMENT site. Must be purchased with neighbouring property to the North - 5332 2 ST SW (MLS A2169770 - also listed at $600,000). Attention Builders and Developers: Exceptional Land Opportunity! Presenting a prime parcel of 581 sq. m (6,254 sq. ft.) zoned C-COR2, ideal for retail with potential for upper residential condos. This property offers a unique chance to expand your investment, as the adjacent Lot 5332 MUST be purchased with this one, and then there is another 150 FEET North also available for sale (MLS #A2153760). Highlights: Strategic Location: Situated just three blocks northeast of CF Chinook Centre, Calgary’s largest and most popular mall, this land is poised for impactful development. Excellent Connectivity: Benefit from proximity to major routes including Macleod Trail, Glenmore Trail SW, and Blackfoot Trail SE, along with easy access to the Chinook CTrain Red Line, ensuring effective citywide transportation. High Traffic Area: Less than 100 m from the bustling intersection of Macleod Trail and 53 Ave SW, this site enjoys excellent visibility and accessibility. Desirable Demographics: The Manchester community is one of Calgary's fastest-growing areas, with a 12% population increase over the past five years. Projections indicate a robust growth rate of 23.8% through 2028, attracting a young, affluent, and educated renter demographic. Versatile Development Potential: The C-COR2 zoning allows for a mix of retail and residential uses, making it a versatile option for various development projects. Don’t miss out on this remarkable opportunity to invest in a thriving community with tremendous growth potential. Contact us today for more information or to schedule a viewing!More details
ATTENTION INVESTORS! FULLY RENOVATED TWO BEDROOM/TWO BATHROOM DETACHED BUNGALOW in COMMERCIAL ZONE with RESIDENTIAL ZONING and IR zoning (Industrial Redevelopment) . Everything has been done in this "Like New" character bungalow which is located just blocks from Stanley Park, LRT and Chinook mall. Ideal as an Investment property to rent or for a first time buyer. Nothing more to do here but move in as EVERYTHING HAS BEEN UPDATED. Improvements include: Newer high end Vinyl Plank Flooring throughout, Newer Vinyl Windows for the whole house, Newer Roof, Soffit, Facia and gutters, Siding, and lighting throughout. Plumbing and electrical have been upgraded also. Marble Countertops with Quartz Backsplash are featured in both the Kitchen and Bathrooms. Newly paved concrete Parking Stalls at the back of the property allow for PLENTY OF PARKING and a fully fenced private backyard boasts newly installed Maintenance Free Vinyl Fencing. READY FOR IMMEDIATE POSSESSION. Situated on a quiet residential and small commercial street, this property is perfect as a unique FAMILY HOME or as a rental/hold cashflow investment. The commercial applications for use and redevelopment are almost endless.More details
Data was last updated October 11, 2024 at 12:05 AM (UTC)
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