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Rare opportunity to develop 6 rental units in inner-city SW Calgary.Investor and builder opportunity in the established southwest community of Glenbrook. This property is offered with a submitted Development Permit application for a 6-unit residential project, consisting of two side-by-side dwellings, each with a legal basement suite, plus two detached backyard suites.A significant amount of planning and design work has been completed, allowing a buyer to advance a multi-unit development without starting from the initial stages (subject to City of Calgary approval). The proposed configuration is designed to support multiple rental units in a well-located inner-city neighbourhood.The project may be considered for CMHC MLI Select financing, subject to buyer qualification, lender approval, and program requirements. The backyard suite component may also align with City of Calgary programs, offering potential additional development benefits (subject to eligibility and availability).The existing property is a solid bungalow featuring a 3-bedroom upper unit and 1-bedroom basement suite; however, the primary value is in the redevelopment potential.Ideally located near Mount Royal University, Signal Hill and Westhills shopping, Richmond Road, Sarcee Trail, public transit, schools, and parks.Full development information is available upon request. (id:37074)
| MLS® Number | A2305957 |
| Property Type | Single Family |
| Neigbourhood | Glenbrook |
| Community Name | Glenbrook |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | See Remarks, Back Lane, Level |
| Parking Space Total | 4 |
| Plan | 5709hl |
| Structure | Porch |
| Oversize | |
| Detached Garage | 1 |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 4 |
| Appliances | Dishwasher |
| Architectural Style | Bungalow |
| Basement Development | Finished |
| Basement Features | Suite |
| Basement Type | Full (finished) |
| Constructed Date | 1958 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Stucco |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Flooring Type | Hardwood, Linoleum, Vinyl Plank |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 948 Ft2 |
| Total Finished Area | 948 Sqft |
| Type | House |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Basement | 3pc Bathroom | 5.33 Ft x 6.00 Ft | ||
| Basement | Family Room | 10.67 Ft x 17.50 Ft | ||
| Basement | Bedroom | 7.58 Ft x 13.33 Ft | ||
| Basement | Other | 9.42 Ft x 15.75 Ft | ||
| Basement | Laundry Room | 11.25 Ft x 14.83 Ft | ||
| Main Level | Other | 3.83 Ft x 6.00 Ft | ||
| Main Level | Living Room | 12.75 Ft x 13.00 Ft | ||
| Main Level | Other | 10.00 Ft x 14.83 Ft | ||
| Main Level | Primary Bedroom | 10.00 Ft x 12.50 Ft | ||
| Main Level | Bedroom | 8.58 Ft x 10.08 Ft | ||
| Main Level | Bedroom | 8.00 Ft x 11.33 Ft | ||
| Main Level | 4pc Bathroom | 5.00 Ft x 8.00 Ft |
| Acreage | No |
| Fence Type | Fence |
| Land Amenities | Park, Playground, Schools, Shopping |
| Size Depth | 35.03 M |
| Size Frontage | 15.26 M |
| Size Irregular | 533.00 |
| Size Total | 533 M2|4,051 - 7,250 Sqft |
| Size Total Text | 533 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-cg |
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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.
