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ATTENTION BUILDERS, DEVELOPERS, & INVESTORS! This is a great opportunity for a 58’ x 100’ M-C1 zoned lot in Glendale! Situated along vibrant 37 Street, this extra-wide lot is zoned M-C1, allowing for various redevelopment opportunities, including townhomes and residential (subject to city approval). Neighbouring lots have been approved for 6 units each, with parking at the rear. This location is fantastically walkable—just 7 minutes to amenities, including a Shoppers Drug Mart, and 12 minutes to Westbrook Mall, with Safeway and Walmart providing all your daily essentials. Public transit is right on the doorstep, plus the Westbrook LRT is just a 12-minute walk away. This property is a fantastic buy-and-hold investment. The existing home is in great shape, featuring a 3-bed main floor and a 2-bed basement illegal suite—both with their own in-suite laundry. The upper home has been renovated and is in excellent condition. Both units are currently rented to great tenants for over $3,000/month in combined earnings, allowing for additional rental income while you do up plans and get the permits for development. Seize this prime redevelopment opportunity in a thriving community—don’t miss your chance to invest in one of Calgary’s most desirable inner-city neighbourhoods! Reach out today for more information. (id:37074)
Property Features
Property Details
| MLS® Number | A2238324 |
| Property Type | Single Family |
| Neigbourhood | Glendale |
| Community Name | Glendale |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | See Remarks, Back Lane |
| Parking Space Total | 2 |
| Plan | 2860gr |
| Structure | Deck |
Parking
| Detached Garage | 2 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Appliances | Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave Range Hood Combo, Window Coverings, Garage Door Opener |
| Architectural Style | Bungalow |
| Basement Features | Suite |
| Basement Type | Full |
| Constructed Date | 1954 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Flooring Type | Hardwood, Laminate, Tile |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 996 Ft2 |
| Total Finished Area | 996.25 Sqft |
| Type | House |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | Bedroom | 10.75 Ft x 10.42 Ft | ||
| Basement | Bedroom | 15.08 Ft x 9.75 Ft | ||
| Basement | Recreational, Games Room | 15.25 Ft x 13.42 Ft | ||
| Basement | Kitchen | 11.67 Ft x 9.33 Ft | ||
| Basement | 4pc Bathroom | .00 Ft x .00 Ft | ||
| Main Level | Living Room | 14.92 Ft x 11.50 Ft | ||
| Main Level | Kitchen | 15.33 Ft x 12.67 Ft | ||
| Main Level | Primary Bedroom | 11.50 Ft x 10.67 Ft | ||
| Main Level | Bedroom | 10.75 Ft x 8.00 Ft | ||
| Main Level | Bedroom | 11.50 Ft x 8.75 Ft | ||
| Main Level | 4pc Bathroom | .00 Ft x .00 Ft |
Land
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping |
| Size Depth | 30.46 M |
| Size Frontage | 17.67 M |
| Size Irregular | 538.00 |
| Size Total | 538 M2|4,051 - 7,250 Sqft |
| Size Total Text | 538 M2|4,051 - 7,250 Sqft |
| Zoning Description | M-c1 |
