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:55577)
Property Features
- MLS® Number A2290081
- Price $1,285,000
- Bedrooms: 2
- Bathrooms: 1
- Square Footage: 1847 sqft
- Community Name: Bankview
- Features See Remarks
- Parking Space Total 4
- Plan 3909r
Buildings
| Bathroom Total | 1 | Bedrooms Above Ground | 2 |
| Bedrooms Total | 2 | Appliances | None |
| Architectural Style | Bungalow | Basement Development | Finished |
| Basement Features | Separate Entrance, Suite | Basement Type | Full (finished) |
| Constructed Date | 1950 | Construction Material | Poured Concrete, Wood Frame |
| Construction Style Attachment | Attached | Cooling Type | None |
| Exterior Finish | Concrete | Flooring Type | Hardwood |
| Foundation Type | Poured Concrete | Heating Fuel | Natural Gas |
| Heating Type | Forced Air | Stories Total | 1 |
| Size Interior | 1847 Sqft | Total Finished Area | 1846.57 Sqft |
Parking
| Other | |
| Parking Pad | |
| Attached Garage | 1 |
Land
| Acreage | No | Fence Type | Not Fenced |
| Size Depth | 32.66 M | Size Frontage | 22.97 M |
| Size Irregular | 745.00 | Size Total | 745 M2|7,251 - 10,889 Sqft |
| Size Total Text | 745 M2|7,251 - 10,889 Sqft | Zoning Description | M-cg D72 |
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Main Level | Living Room/dining Room | 23.50 Ft x 13.50 Ft |
| Main Level | Other | 10.83 Ft x 7.50 Ft |
| Main Level | Primary Bedroom | 11.50 Ft x 11.00 Ft |
| Main Level | Bedroom | 11.00 Ft x 9.00 Ft |
| Main Level | 4pc Bathroom | Measurements not available |
Agents and Offices
- Jamie Newton
- Garth Anderson
- Office: RE/MAX First