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Attention builders, developers, and investors! Exceptional redevelopment opportunity in the heart of Forest Lawn. This R-CG zoned property is ideally located just two blocks from vibrant 17 Avenue SE (International Avenue), surrounded by ongoing redevelopment in one of Calgary’s most active inner-city growth corridors. Minutes to downtown, transit, shopping, restaurants, schools, and major commuter routes.A rare opportunity offering immediate cash flow today and exceptional redevelopment potential for tomorrow. This income-producing property features 5 bedrooms, 2 bathrooms, and a legal secondary suite. The main floor offers 3 bedrooms and a beautifully renovated bathroom with subway tile, new tub, vanity, and tile flooring. The updated kitchen features stainless steel appliances and a subway tile backsplash. Many windows have been replaced throughout the home.The legal lower suite includes 2 spacious bedrooms, large windows, a renovated kitchen with full appliances and ample counter space, an updated bathroom, shared laundry, and additional storage.Major updates include renovated main floor bathroom, renovated lower suite and kitchen, updated windows, furnace, and a 2021 hot water tank. The property also offers a single detached garage with additional rear parking.The true value lies in the future potential. This R-CG property comes with a fully approved Development Permit (DP) for a triple detached garage with a suite above. Approved plans are included, allowing you to eliminate entitlement risk, significantly reduce your project timeline, and save thousands in consultant fees and soft costs. Build with confidence using this permit-ready opportunity while generating rental income from day one.Whether you’re looking for a strong cash-flow investment or your next inner-city development project, this is a rare opportunity in a sought-after location with exceptional upside. (id:37074)
| MLS® Number | A2324699 |
| Property Type | Single Family |
| Neigbourhood | Forest Lawn - Forest Heights |
| Community Name | Forest Lawn |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | Back Lane, Pvc Window, No Animal Home, Level |
| Parking Space Total | 1 |
| Plan | 9027gu |
| Detached Garage | 1 |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Refrigerator, Dishwasher, Stove, Window Coverings, Washer & Dryer |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Separate Entrance, Suite |
| Basement Type | Full (finished) |
| Constructed Date | 1961 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Flooring Type | Carpeted, Ceramic Tile, Laminate |
| Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 958 Ft2 |
| Total Finished Area | 958 Sqft |
| Type | House |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Family Room | 14.42 Ft x 11.67 Ft | ||
| Basement | Kitchen | 10.00 Ft x 9.00 Ft | ||
| Basement | Dining Room | 5.00 Ft x 5.00 Ft | ||
| Basement | Bedroom | 10.50 Ft x 13.83 Ft | ||
| Basement | Bedroom | 10.83 Ft x 9.67 Ft | ||
| Basement | 4pc Bathroom | 7.50 Ft x 5.00 Ft | ||
| Basement | Furnace | 11.00 Ft x 7.00 Ft | ||
| Basement | Laundry Room | 7.50 Ft x 3.50 Ft | ||
| Main Level | Kitchen | 8.00 Ft x 8.00 Ft | ||
| Main Level | Pantry | 3.25 Ft x 2.58 Ft | ||
| Main Level | Living Room | 15.75 Ft x 15.25 Ft | ||
| Main Level | Dining Room | 7.00 Ft x 6.00 Ft | ||
| Main Level | Foyer | 4.00 Ft x 4.00 Ft | ||
| Main Level | Primary Bedroom | 11.67 Ft x 11.00 Ft | ||
| Main Level | Bedroom | 11.67 Ft x 8.17 Ft | ||
| Main Level | Bedroom | 11.50 Ft x 8.00 Ft | ||
| Main Level | 4pc Bathroom | 8.00 Ft x 5.00 Ft | ||
| Main Level | Other | 3.00 Ft x 3.00 Ft |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping |
| Landscape Features | Landscaped |
| Size Depth | 37.3 M |
| Size Frontage | 15.2 M |
| Size Irregular | 566.00 |
| Size Total | 566 M2|4,051 - 7,250 Sqft |
| Size Total Text | 566 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-cg |
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.
