Calgary, AB T2S2W7 · Parkhill · House · Active
Exceptional redevelopment opportunity in the highly sought-after community of Parkhill. Situated on an M-C1 zoned lot, this property offers outstanding potential for investors, builders, and developers. While the existing home has benefited from numerous recent upgrades—including a newer roof, windows, doors, plumbing lines, electrical panel and wiring, furnace, and hot water tank—the true value lies in the land and its future development potential.An approved Development Permit for a four-storey apartment building is already in place, creating a rare opportunity to develop a long-term income-producing asset in one of Calgary’s most desirable inner-city locations. Whether you are an experienced developer expanding your portfolio or an entrepreneur seeking a manageable multifamily project, this property presents exceptional possibilities. (id:57554)
Listing data courtesy of CREA DDF®. Deemed reliable but not guaranteed.
Exceptional redevelopment opportunity in the highly sought-after community of Parkhill. Situated on an M-C1 zoned lot, this property offers outstanding potential for investors, builders, and developers. While the existing home has benefited from numerous recent upgrades—including a newer roof, windows, doors, plumbing lines, electrical panel and wiring, furnace, and hot water tank—the true value lies in the land and its future development potential.An approved Development Permit for a four-storey apartment building is already in place, creating a rare opportunity to develop a long-term income-producing asset in one of Calgary’s most desirable inner-city locations. Whether you are an experienced developer expanding your portfolio or an entrepreneur seeking a manageable multifamily project, this property presents exceptional possibilities. (id:57554)
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Parking
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$499,900
3816 Parkhill Place SW
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Estimated monthly payment
$2,622/mo
5% down · 4.09% rate · 25yr amort
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