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ATTENTION BUILDERS, DEVELOPERS & INVESTORS! This is an incredible opportunity to acquire a PRIME 49' x 107' MC-1 PARCEL with an APPROVED DEVELOPMENT PERMIT for 8 UNITS in Crescent Heights! With the blanket zoning repeal now passed, and new changes coming to R-CG to limit townhome density and allowable build locations, OPPORTUNITIES TO BUILD AT THIS DENSITY ARE FEW AND FAR BETWEEN! Plus, with DP approval already in place, you can avoid the chaos and the long wait times at the City of Calgary and start building right away. The approved 8-unit project features 4 thoughtfully designed 2-storey upper units, each with the option to develop as either 2-bed/2.5-bath or 3-bed/1.5-bath configurations, depending on preference and your target market. The 4 lower-level units are all 1-bed/1 bath, with separate entrances and private laundry areas. The existing property would also be IDEAL AS A BUY AND HOLD INVESTMENT. With over 1100 sq ft above grade, this 1.5 storey character home offers 3 bedrooms + den above grade, including 1 bedroom and full bathroom on the main floor, and 2 beds and a den upstairs. A fully finished basement offers an additional bedroom/flex room (window may not meet current egress requirements) and a 3-pc bathroom. Perfectly located in the highly desirable inner-city community of Crescent Heights, this property offers unbeatable access to amenities, transit, and downtown. Tenants will enjoy being steps from restaurants, cafés, shopping, and services along Centre Street and 16 Avenue, while downtown Calgary is just a 4-minute drive or 30-minute walk away. Nearby parks and recreation include Crescent Park, the Crescent Heights Community Association, tennis courts, playgrounds, and the iconic Crescent Road ridge with stunning downtown skyline views. Prince’s Island Park is also within walking distance. Families and students benefit from proximity to schools, including Rosedale School, Crescent Heights High School, and SAIT, all within walking or a short d rive. This is a turnkey investment opportunity with significant upside in one of Calgary’s most sought-after inner-city communities. *Development Permit Approval is subject to compliance with all DP conditions* *DP Plans are available for review upon request* * Property photos are from a few years ago and may not reflect the current state of the property** VIEW MULTIMEDIA LINK FOR FULL DETAILS! ** (id:37074)
| MLS® Number | A2310978 |
| Property Type | Single Family |
| Neigbourhood | Northwest Calgary |
| Community Name | Crescent Heights |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | Cul-de-sac, See Remarks |
| Parking Space Total | 2 |
| Plan | 2411206 |
| Structure | Deck |
| Parking Pad |
| Bathroom Total | 1 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Appliances | None |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Constructed Date | 1910 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Carpeted, Hardwood, Tile |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 2 |
| Size Interior | 1,148 Ft2 |
| Total Finished Area | 1148.3 Sqft |
| Type | House |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | 10.00 Ft x 16.92 Ft | ||
| Main Level | Dining Room | 10.00 Ft x 12.92 Ft | ||
| Main Level | Bedroom | 7.67 Ft x 13.83 Ft | ||
| Main Level | Kitchen | 14.00 Ft x 9.92 Ft | ||
| Main Level | 4pc Bathroom | .00 Ft x .00 Ft | ||
| Upper Level | Primary Bedroom | 10.00 Ft x 15.83 Ft | ||
| Upper Level | Bedroom | 10.00 Ft x 12.58 Ft | ||
| Upper Level | Den | 13.17 Ft x 10.33 Ft |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping |
| Size Depth | 32.76 M |
| Size Frontage | 14.95 M |
| Size Irregular | 480.00 |
| Size Total | 480 M2|4,051 - 7,250 Sqft |
| Size Total Text | 480 M2|4,051 - 7,250 Sqft |
| Zoning Description | M-c1 |
When you contact Maverick Group, the best realtors in Airdrie, you will know that you are working with an agent and team who focuses on you and your needs. We will be with you every step of the way. From buying and selling to rental properties and relocation, we deliver results in the Airdrie real estate market and are ready to assist you with all of your real estate needs.
Real Estate Data supplied by CREA®’s MLS® System. CREA® is the owner of the copyright in its MLS® System. Data deemed reliable but not guaranteed accurate by CREA®. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals 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.
