107 40 AVE Northeast, Calgary, AB T2E 2M6 - MLS#A2165483

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Michael Smith

michael@mstrealty.ca +1(403) 919-2247

$ 1,800,000

Est. payment | -/mo

3 Beds

4 Baths

1,231 SqFt

Save

$ 1,800,000

Est. payment | -/mo

Save

3 Beds

4 Baths

1,231 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,231 sqft

Price per Sqft $1,462

Subdivision Highland Park

MLS® Listing ID A2165483

Style Bungalow

Bedrooms 3

Full Baths 3

Half Baths 1

Year Built 1910

Lot Size 6,824 Sqft

Acres 0.16

Property 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!

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-H1

Direction N

Rooms

Basement Finished, Full

Interior

Interior Features See Remarks

Heating Forced Air, Natural Gas

Cooling None

Flooring Other

Appliance See Remarks

Laundry Other

Exterior

Exterior Feature Lighting, Other

Parking Features Parking Pad

Garage Spaces 1.0

Fence Partial

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch Other

Lot Frontage 120.02

Total Parking Spaces 4

Building

Lot Description City Lot

Dwelling Type House

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Wood Frame

Others

Restrictions Call Lister

Listed by RE/MAX Real Estate (Central)

+1(403) 919-2247

michael@mstrealty.ca

#700-1816 Crowchild Trail NW, Calgary, AB, T2M 3Y7, CAN

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