INVESTORS! This is a rare opportunity to acquire a centrally located property in Calgary's desirable Beltline with exceptional future redevelopment potential. Zoned CC-MH (Centre City Multi-Residential High-Rise District), the property is designated for high-density multi-residential development, making it a strategic long-term investment in one of Calgary's fastest-growing urban neighbourhoods.Currently operating as a rental property, its prime location offers excellent access to downtown, public transit, employment centres, shopping, restaurants, and everyday amenities, helping support strong tenant demand and consistent rental income. Each floor is equipped with a shared kitchen and washroom, and the building has been upgraded to meet Alberta Health requirements, providing a compliant, turnkey investment opportunity.The current month-to-month tenants can be assumed for immediate rental income and quick possession. Alternatively, vacant possession can be arranged with the required three full tenancy months' notice.The property offers ample rear parking for up to six vehicles. Shingles were replaced in 2015. Previously configured as three self-contained suites, each level featured its own furnace, thermostat, hot water tank, kitchen, and bathroom, presenting excellent potential for future reconfiguration (subject to municipal approval). Two storage sheds in the backyard are also included. (id:55577)
Property Features
- MLS® Number A2308726
- Price $819,900
- Bedrooms: 10
- Bathrooms: 3
- Square Footage: 1620 sqft
- Property Type: House
- Community Name: Beltline
- Amenities Near By Shopping
- Features Back Lane, No Animal Home
- Parking Space Total 6
- Plan A1
Buildings
| Bathroom Total | 3 | Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 4 | Bedrooms Total | 10 |
| Appliances | Refrigerator, Dishwasher, Stove | Basement Development | Finished |
| Basement Features | Separate Entrance, Walk-up, Suite | Basement Type | Full (finished) |
| Constructed Date | 1912 | Construction Material | Wood Frame |
| Construction Style Attachment | Detached | Cooling Type | None |
| Flooring Type | Hardwood, Linoleum | Foundation Type | Poured Concrete |
| Heating Type | Central Heating | Stories Total | 2 |
| Size Interior | 1620 Sqft | Total Finished Area | 1620 Sqft |
| Type | House |
Parking
| Parking Pad |
Land
| Acreage | No | Fence Type | Fence |
| Land Amenities | Shopping | Size Depth | 39.74 M |
| Size Frontage | 7.64 M | Size Irregular | 303.00 |
| Size Total | 303 M2|0-4,050 Sqft | Size Total Text | 303 M2|0-4,050 Sqft |
| Zoning Description | Cc-mh |
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Lower Level | Other | 7.08 Ft x 4.83 Ft |
| Lower Level | 4pc Bathroom | 4.33 Ft x 11.92 Ft |
| Lower Level | Bedroom | 9.17 Ft x 9.75 Ft |
| Lower Level | Bedroom | 7.42 Ft x 10.83 Ft |
| Lower Level | Bedroom | 9.50 Ft x 8.25 Ft |
| Lower Level | Bedroom | 9.33 Ft x 13.25 Ft |
| Main Level | Other | 18.75 Ft x 7.42 Ft |
| Main Level | Bedroom | 11.67 Ft x 15.17 Ft |
| Main Level | 4pc Bathroom | 4.92 Ft x 7.33 Ft |
| Main Level | Bedroom | 10.92 Ft x 10.58 Ft |
| Main Level | Bedroom | 9.67 Ft x 13.00 Ft |
| Main Level | Other | 14.25 Ft x 8.58 Ft |
| Upper Level | Bedroom | 8.92 Ft x 12.83 Ft |
| Upper Level | 4pc Bathroom | 5.83 Ft x 8.25 Ft |
| Upper Level | Bedroom | 9.42 Ft x 12.25 Ft |
| Upper Level | Other | 9.00 Ft x 15.67 Ft |
| Upper Level | Primary Bedroom | 18.33 Ft x 10.00 Ft |
| Upper Level | Other | 7.33 Ft x 7.58 Ft |
Agents and Offices
- Candace Wu
- Office: 2% Realty