1607 25 Avenue Sw, Calgary, Alberta T2T 0Z9

Listed for:
$1,185,000
2 beds
1 baths
Listed 12 days ago
1607 25 Avenue Sw, Calgary, Alberta T2T 0Z9

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About

Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities.Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities.The property is a bungalow duplex configuration: both sides are tenant-occupied. One side is rented out as a full bungalow (up & down), the other side is rented out as upper and lower suites.The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years.An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals. (id:27476)

Property Highlights

MLS® Number
A2311367
Type
Multi-family
Community Name
Bankview
Ownership Type
Freehold
Land Size
745 m2|7,251 - 10,889 sqft
Parking Space Total
4

Building

Storeys
1.00
Square Footage
1847 sqft
Bathrooms Total
1
Bedrooms Above Ground
2
Bedrooms Total
2
Exterior Finish
Concrete
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Separate entrance, Suite
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
RE/MAX First
MLS® number:
A2311367
Agent:
Jamie Newton
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