$2,430,000
$2,595,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
5,274 Sqft Lot
SOLD DATE : 10/11/2024
Key Details
Sold Price $2,430,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
Subdivision Lower Mount Royal
MLS® Listing ID A2171074
Sold Date 10/11/24
Originating Board Calgary
Year Built 1911
Annual Tax Amount $38,706
Tax Year 2024
Lot Size 5,274 Sqft
Acres 0.12
Property Description
Opportunity awaits with one of Calgary’s most beautiful, & nearly one-of-a kind, historic homes/offices at “Stanley House”. More than 4200 sq. ft. of gross leasable space, over 4 floors, this home has attracted the eyes of passerbys for 100 + years. Location & buildings of this quality simply rarely ever come up for sale & is especially true with a property that combines history, function, & also comes with the DC zoning + a building conversion that permits this very rare property for office space for just 1 business, or the option to be split up amongst several businesses. The home still retains all of its original glory, but no Heritage status provides opportunity for additional & near uninhibited renovations or additions inside & out. The back of the lot would allow for a substantial addition, similar to the other properties on the block to add even more sq. footage & value.
This breathtaking home exemplifies the early 20th-century development of Lower Mount Royal during Calgary’s first population boom of the early 1900’s. Stanley House was designed by T.E.A. Stanley, a teacher & architect. Designed for David S. McCutcheon, a pharmacist, & prominent Real Estate office founder, in a Queen Anne gable style, featuring stunning brick cladding, with sandstone trim, Tudor Revival 1/2 timbers, a 2 storey bay window & open porches.
The original 1911 drawings were found & used for the conversion to office use. Careful considerations were made to retain the original design, but allow the building to function as a successful office. The converted building was first used by a law firm & then thrived as a successful Engineering office for 33 years. DC zoning allows for offices for commercial businesses or entrepreneurs.
Inside you’ll find a welcoming reception area, meeting area, boardroom & 11 offices & could be further divided for even more group work spaces. Out back has parking for 10 vehicles, + unrestricted street parking, for businesses of up to 20 or more. The back NE staircase has access to the basement, + 2nd & 3rd floors, but not the main floor. The layout allows for multiple businesses to be accessed through different doors & to possibly convert a portion of the property back to residential, for more of a live/work set up. Updates have been made like closing off the original coal chutes:). Upgraded heating to 2 Gas Furnaces + 2 Central AC Units have been added, + upgraded 200 amp panel & Cat5 wiring. Underground sprinkler system, + exterior lighting & loads of other low maintenance landscaping added over the years. Additional side fire escape, + a newly installed Kantra Electric Fire Watcher1 system. Large basement windows provide loads of natural light & the exterior walls are at least 10 1/2” thick upstairs & some nearly 3’ thick in the basement. Stanley House is a fantastic investment opportunity that breaks the mold of a boring office space, that can truly inspire those lucky enough to work within its walls.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning DC (pre 1P2007)
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Full
Exterior
Roof Type Shake
Total Parking Spaces 10
Building
Foundation See Remarks
Structure Type Brick,See Remarks
Others
Restrictions See Remarks
Tax ID 95274677
Ownership Private
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