107 40 Avenue Ne, Calgary, Alberta T2E 2M6

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$1,800,000

PRIME DEVELOPMENTAL OPPORTUNITY! Approved and rezoned M-H1 property in the desirable & mature community of Highland Park. The current M-H1 zoning offers an unparalleled investment opportunity which allows for an 6-8 storey (26 m) multi-residential development with commercial on the main floor. Capitalize on its close proximity and views to downtown Calgary, easy access to the city's vibrant core and future green line LRT, and its immediate income-producing potential as its current residential state. Strategically-located near local landmarks, transportation hubs, parks/playgrounds, and connectivity to both residential and commercial amenities. CALLING ALL INVESTORS, DEVELOPERS, & BUILDERS! (id:55577)

Property Features

  • MLS® Number A2165483
  • Price $1,800,000
  • Bedrooms: 3
  • Bathrooms: 4
  • Square Footage: 1231.47 sqft
  • Property Type: House
  • Community Name: Highland Park
  • Amenities Near By Park, Playground, Schools, Shopping
  • Features See Remarks, Other
  • Parking Space Total 4
  • Plan 3674s

Buildings

Bathroom Total 4 Bedrooms Above Ground 2
Bedrooms Below Ground 1 Bedrooms Total 3
Appliances See Remarks Architectural Style Bungalow
Basement Development Finished Basement Type Full (finished)
Constructed Date 1910 Construction Material Wood Frame
Construction Style Attachment Detached Cooling Type None
Flooring Type Other Foundation Type Poured Concrete
Half Bath Total 1 Heating Fuel Natural Gas
Heating Type Forced Air Stories Total 1
Size Interior 1231.47 Sqft Total Finished Area 1231.47 Sqft
Type House

Parking

Parking Pad

Land

Acreage No Fence Type Partially Fenced
Land Amenities Park, Playground, Schools, Shopping Size Depth 17.32 M
Size Frontage 36.58 M Size Irregular 634.00
Size Total 634 M2|4,051 - 7,250 Sqft Size Total Text 634 M2|4,051 - 7,250 Sqft
Zoning Description M-h1

Rooms

Level Type Dimensions
Lower Level Kitchen 12.42 Ft x 11.25 Ft
Lower Level Bedroom 12.00 Ft x 9.08 Ft
Lower Level Recreational, Games Room 13.25 Ft x 12.83 Ft
Lower Level Laundry Room 13.17 Ft x 9.33 Ft
Lower Level Furnace 10.83 Ft x 9.25 Ft
Lower Level 4pc Bathroom .00 Ft x .00 Ft
Lower Level 3pc Bathroom .00 Ft x .00 Ft
Main Level Kitchen 17.42 Ft x 13.50 Ft
Main Level Living Room 25.50 Ft x 16.25 Ft
Main Level Primary Bedroom 18.67 Ft x 13.17 Ft
Main Level Bedroom 11.17 Ft x 10.00 Ft
Main Level 4pc Bathroom .00 Ft x .00 Ft
Main Level 2pc Bathroom .00 Ft x .00 Ft

Agents and Offices

  • David Lem
  • Office: RE/MAX Real Estate (Central)

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