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Data was last updated 2024-12-03 at 12:40:03 GMT
BUILDERS AND INVESTORS CORNER LOT - Located in the heart of Highland Park, this corner lot spans 5,801 square feet and presents an exceptional investment opportunity. Supported by the City of Calgary, Development Permit (DP) and rezoning applications are already underway, guided by an approved community master plan. With MU-1 zoning potential, this property allows for main-floor commercial use with up to six stories of residential above.
Positioned on a busy road, the property ensures excellent visibility for commercial ventures. It also benefits from NE Calgary?s lower property taxes and CMHC financing availability, making it a strategic financial choice. Included in the deal are architectural drawings that have been reviewed and supported by the City of Calgary, with city comments regarding proposed development available upon request.
With a $3.5 million valuation, this lot sits in a highly visible and vibrant stretch with multiple other development opportunities along the same street. Its location and approved potential make it a standout choice for developers and investors alike. Proximity to the proposed Green Line only adds to its long-term appeal, presenting a rare opportunity to be part of a growing and dynamic community.
Listing Information
- Prop. Type:
- Detached
- Property Style:
- Bungalow
- Status:
- Active
- City:
- Calgary
- Bedrooms:
- 3
- Full Bathrooms:
- 1
- Neighbourhood:
- Highland Park
- Area:
- Calgary
- Province:
- Alberta
- MLS® Number:
- A2181615
- Listing Price:
- $975,000
General Information
- Year Built:
- 1953
- Total Square Feet:
- 1054ft2
Additional Information
- Basement Dev:
- See Remarks
- Parking:
- Parking Pad, Single Garage Detached
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This property is listed by Charles and provided here courtesy of
Carmelle Smutko.
For more information or to schedule a viewing please contact Carmelle Smutko.
Carmelle Smutko
Century 21 Bamber Realty LTD
Phone: 403-863-4536
Mobile Phone: 403-863-4536
Inquire Via Email
Century 21 Bamber Realty LTD
Phone: 403-863-4536
Mobile Phone: 403-863-4536
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.