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Approved 4-unit development (plus 4 legal suites) designed for maximum density and rental yield. Opportunities like this are rare—a fully prepped, shovel-ready inner-city development site where the heavy lifting has already been completed. Situated on a prime lot, this home is in liveable condition. There is a full illegal basement suite with bedroom and bathroom, and 3 bedrooms on the main level. The property has been rented until recently. This property comes with Development Permit (DP) approval in place, along with a fully approved Drainage Service Study Plan (DSSP), allowing a buyer to move forward with confidence and significantly reduced timelines.Extensive planning and due diligence have already been completed, including professional architectural designs and engineering work, eliminating months of upfront effort, uncertainty, and carrying costs. This is a true turnkey development opportunity, ideal for builders and investors looking to step directly into construction without the typical delays associated with approvals and servicing requirements.The approved plans maximize the site’s potential with a modern, efficient multi-unit layout designed to align with today’s market demand. With key approvals secured, this offering provides a clear and accelerated path to building permit and construction, making it a standout opportunity in today’s competitive development landscape.Located in a highly desirable inner-city area surrounded by ongoing redevelopment, strong resale values, and excellent access to amenities and transit, this property offers both immediate development potential and long-term upside.All supporting documentation is available, including approved plans, permits, and consultant reports. This is a rare chance to acquire a near shovel-ready project in one of the city’s most sought-after locations, skip the uncertainty and start building. (id:37074)
| MLS® Number | A2305076 |
| Property Type | Single Family |
| Neigbourhood | Shaganappi |
| Community Name | Shaganappi |
| Amenities Near By | Golf Course, Park, Playground, Recreation Nearby, Schools, Shopping |
| Community Features | Golf Course Development |
| Features | See Remarks, Other, Back Lane, Level |
| Parking Space Total | 2 |
| Plan | 8594gd |
| Structure | None |
| Detached Garage | 2 |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Appliances | Washer, Refrigerator, Range - Electric, Dryer |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance, Walk-up |
| Basement Type | Full (finished) |
| Constructed Date | 1951 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Flooring Type | Hardwood, Tile |
| Foundation Type | Poured Concrete |
| Heating Type | Baseboard Heaters, Central Heating, Forced Air |
| Stories Total | 1 |
| Size Interior | 995 Ft2 |
| Total Finished Area | 995.11 Sqft |
| Type | House |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Furnace | 12.08 Ft x 11.25 Ft | ||
| Basement | 4pc Bathroom | 5.33 Ft x 11.25 Ft | ||
| Basement | Eat In Kitchen | 9.33 Ft x 11.08 Ft | ||
| Basement | Bedroom | 12.00 Ft x 12.83 Ft | ||
| Basement | Den | 11.67 Ft x 10.83 Ft | ||
| Basement | Recreational, Games Room | 12.83 Ft x 10.92 Ft | ||
| Main Level | Primary Bedroom | 12.75 Ft x 10.67 Ft | ||
| Main Level | 4pc Bathroom | 4.92 Ft x 6.75 Ft | ||
| Main Level | Kitchen | 11.08 Ft x 11.25 Ft | ||
| Main Level | Living Room | 11.42 Ft x 19.75 Ft | ||
| Main Level | Bedroom | 10.75 Ft x 10.50 Ft | ||
| Main Level | Bedroom | 9.42 Ft x 10.17 Ft |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Golf Course, Park, Playground, Recreation Nearby, Schools, Shopping |
| Landscape Features | Lawn |
| Size Depth | 33.75 M |
| Size Frontage | 1.28 M |
| Size Irregular | 515.00 |
| Size Total | 515 M2|4,051 - 7,250 Sqft |
| Size Total Text | 515 M2|4,051 - 7,250 Sqft |
| Zoning Description | M-c2 |
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.
