Calgary, AB T2T 4G1,2515 16 ST SW
Calgary, AB T2T 4G1,2515 16 ST SW
Calgary, AB T2T 4G1,2515 16 ST SW
Calgary, AB T2T 4G1,2515 16 ST SW
Calgary, AB T2T 4G1,2515 16 ST SW
Calgary, AB T2T 4G1,2515 16 ST SW
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$626,000

$649,900

3.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

2 Baths

998 SqFt


SOLD DATE : 06/21/2023

Key Details

Sold Price $626,000

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 998 sqft

Price per Sqft $627

Subdivision Bankview

MLS® Listing ID A2048536

Sold Date 06/21/23

Style Bungalow

Bedrooms 4

Full Baths 2

Originating Board Calgary

Year Built 1952

Annual Tax Amount $3,882

Tax Year 2022

Lot Size 5,328 Sqft

Acres 0.12

Property Description

Don't miss this incredible opportunity to invest in a prime property located on a coveted street in the vibrant inner-city community of Bankview. Boasting M-CG d72 zoning, this property offers exceptional investment potential with 5328 sq ft of potential redevelopment on a spacious 50 x 107 ft lot. What's more, this property already features a lower (illegal) suite, allowing for immediate rental income while you plan for redevelopment.

This beautifully renovated raised bungalow offers a perfect blend of original charm and modern updates, with an abundance of natural light highlighting the stunning original hardwood floors throughout the main living space. The cozy front living room boasts a wood-burning fireplace, while the back kitchen has been expertly designed with a large center island, wall-to-wall modern espresso cabinets, white quartz counters, and undermount lighting. The two bedrooms are generously sized and share a renovated 4-piece bath with spa-like features.

The lower level also offers a beautifully renovated living space with vinyl plank flooring, a modern wall-to-wall kitchen, and two spacious bedrooms, along with a renovated 3-piece bath featuring an oversized shower with spa-like jets. The property offers two separate entrances, two furnaces, two hot water tanks, two electrical panels, and two parking spots, making it an ideal investment opportunity for a savvy buyer. And with the today's tight rental market and increased rents, the sky's really the limit!

With its proximity to trendy 17th Avenue and downtown, as well as the charming community of Marda Loop, this property is truly a must-see for anyone looking to expand their investment portfolio in a highly sought-after location. Don't miss out on the chance to own a piece of prime real estate in one of Calgary's most desirable neighbourhoods!

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-CG d72

Direction E

Rooms

Basement Full, Suite

Interior

Interior Features Granite Counters, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Separate Entrance

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Ceramic Tile, Hardwood

Fireplaces Number 1

Fireplaces Type Living Room, Stone, Wood Burning

Appliance Built-In Oven, Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator, Washer

Laundry In Basement, See Remarks

Exterior

Garage Off Street, Parking Pad

Garage Description Off Street, Parking Pad

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch Deck

Lot Frontage 49.94

Exposure E,W

Total Parking Spaces 3

Building

Lot Description Back Yard, Few Trees, Landscaped, Street Lighting, Rectangular Lot

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Vinyl Siding,Wood Frame

Others

Restrictions None Known

Tax ID 82938701

Ownership Private

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Listed by Real Broker

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Andy Katoch

Agent | License ID: LDKATOCAN

+1(587) 323-4499

# 203-503 7th St S, Alberta, T1J, 0V1, Canada

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