$1,800,000 FOR SALE

Detached Bungalow

Bedrooms: 2+1Bathrooms: 4Lot: 36.58 x 17.32 m

107 40 Avenue Ne
Calgary, AB T2E 2M6

PRIME DEVELOPMENTAL OPPORTUNITY! Approved and rezoned M-H1 property in the desirable & mature community of Highland Park. The current M-H1 zoning offers an unparalleled investment opportunity which allows for an 6-8 storey (26 m) multi-residential development with commercial on the main floor. Capitalize on its close proximity and views to downtown Calgary, easy access to the city's vibrant core and future green line LRT, and its immediate income-producing potential as its current residential state. Strategically-located near local landmarks, transportation hubs, parks/playgrounds, and connectivity to both residential and commercial amenities. CALLING ALL INVESTORS, DEVELOPERS, & BUILDERS! (id:47423)

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Listed By RE/MAX Real Estate (Central)
Data Provided By Calgary Real Estate Board
MLS® Listing Number A2165483
Last Updated Sep 13, 2024
Property Summary
Property Type Detached

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Community Highland Park
Price History
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Detailed Information
Bedrooms 2+1
Bathrooms 4
Lot 36.58 x 17.32 m
Amenities Nearby Park, Playground, Schools, Shopping
Features See remarks, Other
Listing Contract Date 2024-09-10
Municipal ID 0019042621
Ownership Type Freehold
# of Parking Spaces 4
Plan 3674S
Property Type Single Family
Transaction Type For sale
Zoning Description M-H1
Building
Appliances See remarks
Architectural Style Bungalow
Basement Development Finished
Basement Type Full (Finished)
Constructed Date 1910
Construction Material Wood frame
Construction Style (Attachment) Detached
Cooling Type None
Flooring Type Other
Foundation Type Poured Concrete
# of Half Bathrooms 1
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 1
Total Finished Area 1231.47 sqft
Type House
Rooms
Room Level Dimensions Notes
KitchenLower level12.42 Ft x 11.25 Ft
BedroomLower level12.00 Ft x 9.08 Ft
Recreational, Games roomLower level13.25 Ft x 12.83 Ft
Laundry roomLower level13.17 Ft x 9.33 Ft
FurnaceLower level10.83 Ft x 9.25 Ft
4pc BathroomLower level.00 Ft x .00 Ft
3pc BathroomLower level.00 Ft x .00 Ft
KitchenMain level17.42 Ft x 13.50 Ft
Living roomMain level25.50 Ft x 16.25 Ft
Primary BedroomMain level18.67 Ft x 13.17 Ft
BedroomMain level11.17 Ft x 10.00 Ft
4pc BathroomMain level.00 Ft x .00 Ft
2pc BathroomMain level.00 Ft x .00 Ft
Parking Spaces
Name Spaces
Parking Pad
Land
Total Size 634 square meters
Amenities Park, Playground, Schools, Shopping
Fence Type Partially fenced
Size of Irregular Land 634.00

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