$1,800,000 $9,663 est/mo Sourced by Back At You
107 40 Avenue , Calgary, AB T2E 2M6
Calgary, AB T2E 2M6
Description
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!
Details
| MLS# | A2165483 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 122 |
| Listing Provided By | RE/MAX Real Estate (Central) | David Lem |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 4 Total |
| SQ Feet | 1,231 |
| Garage | 1 |
| Zoning | M-H1 |
| Acreage | 0.16 |
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Learn More About This Property
| State | AB |
|---|---|
| County | Calgary |
| City | Calgary |
| Zip Code | T2E 2M6 |
| Area | Calgary |
| Community Name | Highland Park |
| Listing VS Median (in Highland Park) | |
Price: $1,800,000 low | high Med: $789,300 SqFt: 1,231 low | high Med: 1,682 $ / SqFt: $1,462 low | high Med: $479 On Site: 122 low | high Med: 83.000000 | |
Listing Updated: January 10, 2025 at 5:29:52 PM PST