Data was last updated 2024-11-04 at 13:15:05 GMT
$579,900

405 22 Avenue NE   Calgary, Alberta

MLS®: A2170476
URL:    
Enhanced value alert! Price significantly reduced on this high potential property & project. This exceptional 40?X125? property offers a unique investment opportunity for builders and investors alike. Full working drawings, development permit and all necessary consultations done for building permit approval are available so you can break ground immediately and start realizing returns quickly. The property is ideally located in an up-and-coming neighborhood close to downtown and major transit routes, making it highly desirable for future homeowners and renters. The 3-plex layout has been thoughtfully designed to appeal to modern buyers. Each unit can be sold individually and would be very appealing to first time buyers thanks to the property?s prime location and the increasing need for housing in the area. Alternatively, this development is also perfect for a long-term hold strategy. The location is set to see continued growth in value, making it an ideal rental income property. Extremely close proximity to public transportation, downtown amenities, shopping and schools, tenants will enjoy both convenience and urban living at its best. This is a low-risk, high-reward opportunity for a builder or investor to capitalize on either short?term sales or long-term rental potential. Seize this opportunity to develop a turnkey project in one of the city?s most promising area. With everything ready to go, this 3-plex investment could be part of your portfolio! Should you wish to wait a while to start your project, with a little love, the current home on the property could be rented. Currently vacant and easy to show.
Enhanced value alert! Price significantly reduced on this high potential property & project. This exceptional 40?X125? property offers a unique investment opportunity for builders and investors alike. Full working drawings, development permit and all necessary consultations done for building permit approval are available so you can break ground immediately and start realizing returns quickly. The property is ideally located in an up-and-coming neighborhood close to downtown and major transit routes, making it highly desirable for future homeowners and renters. The 3-plex layout has been thoughtfully designed to appeal to modern buyers. Each unit can be sold individually and would be very appealing to first time buyers thanks to the property?s prime location and the increasing need for housing in the area. Alternatively, this development is also perfect for a long-term hold strategy. The location is set to see continued growth in value, making it an ideal rental income property. Extremely close proximity to public transportation, downtown amenities, shopping and schools, tenants will enjoy both convenience and urban living at its best. This is a low-risk, high-reward opportunity for a builder or investor to capitalize on either short?term sales or long-term rental potential. Seize this opportunity to develop a turnkey project in one of the city?s most promising area. With everything ready to go, this 3-plex investment could be part of your portfolio! Should you wish to wait a while to start your project, with a little love, the current home on the property could be rented. Currently vacant and easy to show.

Listing Information

Prop. Type:
Detached
Property Style:
2 Storey
Status:
Active
City:
Calgary
Bedrooms:
4
Full Bathrooms:
2
Neighbourhood:
Winston Heights/Mountview
Area:
Calgary
Province:
Alberta
MLS® Number:
A2170476
Listing Price:
$579,900

General Information

Year Built:
1947
Total Square Feet:
1211ft2

Additional Information

Basement Dev:
Full, Unfinished
Parking:
Double Garage Detached, On Street

VIP-Only Information

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This property is listed by Century 21 Bravo Realty and provided here courtesy of Bryan Logel. For more information or to schedule a viewing please contact Bryan Logel.
Bryan Logel
RE/MAX Real Estate (central)
Phone: 403-216-1600
Mobile Phone: 403-803-5740
Inquire Via Email
The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.