




Calgary (Bankview), Alberta, T2T0Z9
This 2-bedroom, 1-bathroom multi-family in Calgary offers 1,847 sqft of living area on a 745 sqft lot. Built in 1950, 1 storey. The property has lot dimensions of 745.00. The home features hardwood flooring, forced air, natural gas heating, a finished, full, separate entrance, suite basement. Highlights include a 4-car garage.
Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities.Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities.The property is currently improved with a bungalow duplex configuration: one side is tenant-occupied, and the other side includes an illegal basement suite and is presently vacant, offering immediate flexibility for investors or future planning.The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years.An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals. (id:60351)
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Listed by Jamie Newton, RE/MAX First
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Listing represented by Jamie Newton, RE/MAX First · MLS# A2290081
For illustration purposes only. Consult a mortgage professional for accurate rates.
Disclaimer: The mortgage estimates and monthly cost calculations shown above are for illustrative purposes only and should not be relied upon as financial advice. Actual mortgage rates, terms, and eligibility depend on your personal financial situation, credit history, and current market conditions. Please consult a licensed mortgage broker, financial advisor, or your bank to determine your actual affordability and mortgage costs before making any purchasing decisions.
Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.