Attention investors and developers! This property is being sold together with 1516 47 St SE, creating a substantial 100' x 120' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary's growing demand for housing. Currently featuring a LEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright white kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed legal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and one bedroom. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you're an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. (id:55577)
Property Features
- MLS® Number A2197630
- Price $598,000
- Bedrooms: 4
- Bathrooms: 2
- Square Footage: 956 sqft
- Property Type: House
- Community Name: Forest Lawn
- Amenities Near By Park, Playground, Recreation Nearby, Schools
- Features See Remarks
- Parking Space Total 2
- Plan 6933gl
- Structure None
Buildings
| Bathroom Total | 2 | Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 | Bedrooms Total | 4 |
| Appliances | Refrigerator, Dishwasher, Stove, Hood Fan, Washer & Dryer | Architectural Style | Bungalow |
| Basement Development | Finished | Basement Type | Full (finished) |
| Constructed Date | 1953 | Construction Material | Wood Frame |
| Construction Style Attachment | Detached | Cooling Type | None |
| Fireplace Present | Yes | Fireplace Total | 1 |
| Flooring Type | Laminate, Linoleum | Foundation Type | Poured Concrete |
| Heating Type | Forced Air | Stories Total | 1 |
| Size Interior | 956 Sqft | Total Finished Area | 956 Sqft |
| Type | House |
Parking
| Detached Garage | 2 |
Land
| Acreage | No | Fence Type | Fence |
| Land Amenities | Park, Playground, Recreation Nearby, Schools | Landscape Features | Landscaped |
| Size Depth | 36.57 M | Size Frontage | 15.24 M |
| Size Irregular | 557.00 | Size Total | 557 M2|4,051 - 7,250 Sqft |
| Size Total Text | 557 M2|4,051 - 7,250 Sqft | Zoning Description | R-cg |
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Basement | 4pc Bathroom | 5.08 Ft x 7.42 Ft |
| Basement | Bedroom | 8.25 Ft x 11.92 Ft |
| Basement | Kitchen | 11.75 Ft x 13.00 Ft |
| Basement | Recreational, Games Room | 14.00 Ft x 14.00 Ft |
| Basement | Storage | 3.17 Ft x 3.67 Ft |
| Basement | Furnace | 12.00 Ft x 10.58 Ft |
| Main Level | 4pc Bathroom | 5.00 Ft x 6.00 Ft |
| Main Level | Bedroom | 11.33 Ft x 7.83 Ft |
| Main Level | Bedroom | 11.33 Ft x 9.50 Ft |
| Main Level | Kitchen | 11.25 Ft x 14.42 Ft |
| Main Level | Living Room | 15.83 Ft x 16.33 Ft |
| Main Level | Primary Bedroom | 10.17 Ft x 10.08 Ft |
Agents and Offices
- Stan Sandhu
- Office: Royal LePage Metro
