$848,000
$794,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
845 SqFt
SOLD DATE : 07/11/2023
Key Details
Sold Price $848,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 845 sqft
Price per Sqft $1,003
Subdivision Parkdale
MLS® Listing ID A2063107
Sold Date 07/11/23
Style Bungalow
Bedrooms 4
Full Baths 2
Originating Board Calgary
Year Built 1951
Annual Tax Amount $4,228
Tax Year 2023
Lot Size 5,984 Sqft
Acres 0.14
Property Description
Introducing 723 36 Street NW a remarkable opportunity for both investors and developers. Located In The Highly Coveted Community Of Parkdale this expansive property spans approximately 5984 square feet of flat land, offering endless possibilities for redevelopment. Nestled in a quiet neighborhood with a west-facing backyard, this parcel boasts a scenic backdrop of lush greenspace, ensuring a serene and private setting. Currently occupied by a long-term tenants, this property generates a steady monthly rental income of $2125. The tenants are reliable and consistently pays on time, providing a stable financial foundation for prospective buyers. While the existing home on the land requires significant renovation and refurbishment, its true value lies in the potential for transformation. With a zoning designation of 'RC2,' this property presents an excellent opportunity for conversion into a duplex, making it an ideal investment for those looking to maximize their returns. Parkdale is an area renowned for its infill properties and surrounded by a vibrant community of modern residences. Its close proximity to both Foothills and Children’s hospitals, parks, and the nearby easy access To Bow River & Scenic Bow River Pathway System ensures a lifestyle that embraces nature and recreation. Families will appreciate the convenience of having schools within reach, and the abundance of shopping options ensures everyday necessities are just moments away. Furthermore, excellent public transit connections make commuting a breeze. This listing offers more than just land; it presents a canvas for visionaries to craft a masterpiece. Don't miss this incredible opportunity in a prime location with limitless potential. Tenant Occupied – No Interior Pictures.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning R-C2
Direction E
Rooms
Basement Finished, Full
Interior
Interior Features See Remarks
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Hardwood
Appliance Dishwasher, Electric Stove, Refrigerator, Washer
Laundry Lower Level
Exterior
Garage None, On Street
Garage Description None, On Street
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Roof Type Asphalt Shingle
Porch None
Lot Frontage 49.97
Building
Lot Description Back Lane, Back Yard, Fruit Trees/Shrub(s), Front Yard, Garden, Many Trees, Street Lighting, Rectangular Lot, Treed
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco,Wood Frame,Wood Siding
Others
Restrictions None Known
Tax ID 83031099
Ownership Private
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