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Descriptions:
8-unit multi-family development opportunity in the NW of Calgary with building plans in place. Project qualifies for CMHCs MLI Select program and development permit is in final stages of acceptance. Ideally located within walking distance to the new Superstore and commercial plaza, and minutes from Calgary Olympic Park and the impressive new Calgary Farmers Market. This larger city lot (50 x 122) presents an exceptional opportunity for developers and investors. The approved 4-unit, 4-suite multi-family project offers a total of 6,816 sq. ft of above-grade construction, featuring four spacious and thoughtfully designed 3-bedroom upper units (approximately 1,702 sq. ft. each, including 3 storey loft levels), along with four well-planned 1-bedroom lower units (approximately 505 sq. ft). The project also includes four garages. Development Permit approval is in final advertising stage and approval is expected within the next two weeks. The existing property is a 2-bedroom bungalow situated on a large, south-facing rear lot on a quiet street, offering interim rental income potential while preparing for redevelopment.
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| Status: |
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Active
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| Includes: |
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N/A |
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| Site Influences: |
| Back Lane, Back Yard |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
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| Lot Size: |
0.14
sq.ft.
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| Lot Shape: |
Back Lane,Back Yard |
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| Property Info: |
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| Property Type: |
Residential Detached Single Family |
| Home Style: |
Bungalow |
| Year Built: |
1951 |
| Total Floor Area: |
696 sq. ft. |
| Brokerage: |
Real Broker |
| Construction Type: |
Concrete,Stucco,Wood Frame
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| Front Exposure: |
N
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| Exterior: |
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| Exterior: |
Concrete, Stucco, Wood Frame |
| Construction: |
Concrete,Stucco,Wood Frame |
| Frontage: |
15.24M 50`0" |
| Front Exposure: |
N |
| Roof: |
Asphalt Shingle |
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| Rooms: |
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| Total Bedrooms: |
2
(Bedrooms Above: 2)
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| Bathrooms: |
Full: 1
/ Half: 0
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| Rooms Above: |
4 |
| Ensuite: |
No
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| Parking Plan Type: |
Off Street
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| Garage: |
0
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| Additional Info: |
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| Heating: |
Forced Air, Natural Gas |
| Basement: |
Partial |
| Basement Type: |
Partial |
| Floor Finish: |
Vinyl Plank |
| Fireplace Details: |
For Sale |
| Parking: |
Off Street |
| Total Parking: |
2
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| Restrictions: |
Contact for Restrictions |
| Heating Type: |
Forced Air,Natural Gas
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| Heating Fuel: |
Forced Air,Natural Gas
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| Restrictions: |
Restrictive Covenant-Building Design/Size
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Contact Mike MacLean -
Suite 202 5403 Crowchild Trail NW, Calgary, Alberta, T3B 4Z1
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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