$599,700
$589,900
1.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
2 Baths
867 SqFt
SOLD DATE : 10/10/2024
Key Details
Sold Price $599,700
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 867 sqft
Price per Sqft $691
Subdivision Forest Lawn
MLS® Listing ID A2169147
Sold Date 10/10/24
Style Bungalow
Bedrooms 5
Full Baths 2
Originating Board Calgary
Year Built 1957
Annual Tax Amount $2,367
Tax Year 2024
Lot Size 6,296 Sqft
Acres 0.14
Property Description
AN INCREDIBLE OPPORTUNITY FOR Investors, Builders, and Developers! This is your AMAZING CHANCE to own a rare CORNER LOT with BACK LANE, measuring 50 x 126 FT, and zoned RC-G. Imagine the potential – may build a 4-PLEX WITH LEGAL SUITES, creating a total of 8 UNITS, subject to approval and permitting by the City/Municipality. Location is key, a very big open Field adjacent to an Elementary School is in front of the house. This property is situated just 1 BLOCK FROM 17 AVE, placing you in the heart of a vibrant and sought-after area. The existing home is a charming bungalow with 3 bedrooms on the main level, 4 piece bathroom, offering comfortable living space. A separate side entrance leads to an illegal basement suite, providing additional 2 bedrooms, 3 piece bathroom, living space. Single detached garage and tons of street parking. Not ready to build right now? No problem, this property presents a fantastic opportunity to LIVE, RENT, AND HOLD, allowing you to generate rental income while you plan your development project. The potential for growth and return on investment is huge. Don’t miss out on this exceptional opportunity to invest in a prime location with endless possibilities. Secure your future development project today!
Location
Province AB
County Calgary
Area Cal Zone E
Zoning R-CG
Direction E
Rooms
Basement Separate/Exterior Entry, Finished, Full, Suite
Interior
Interior Features Laminate Counters
Heating Forced Air
Cooling None
Flooring Carpet, Laminate, Vinyl
Appliance Dryer, Electric Stove, Range Hood, Refrigerator, Washer
Laundry Common Area
Exterior
Garage Single Garage Detached
Garage Spaces 1.0
Garage Description Single Garage Detached
Fence Fenced
Community Features None
Roof Type Asphalt Shingle
Porch Front Porch
Lot Frontage 50.0
Total Parking Spaces 2
Building
Lot Description Back Lane, Back Yard, Corner Lot, Rectangular Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco
Others
Restrictions None Known
Tax ID 95110552
Ownership Private
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Agent | License ID: LDKATOCAN