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    Description

    Exceptional Investment & Redevelopment Opportunity! This prime 5,995 SF, 50' x 120' M-C1 lot is perfectly situated near central 16 Ave / Centre St, offering incredible potential for investors and developers alike. The well-maintained 1.5-storey, 1,761 SF home features 6 bedrooms and 3 full baths, fully rented and generating strong positive cash flow. Enjoy the convenience of a central location with multiple transit options just steps away, providing easy access to downtown and surrounding areas. The property also boasts ample rear parking, ideal for tenants. Great for first time investors or seasoned builders. Opportunities like this—combining immediate rental income with future development upside—are extremely rare in Calgary. Secure this prime property today before it's gone! (id:58070)

    Property Features

    • MLS® Number A2194906
    • Price $928,000
    • Bedrooms: 7
    • Bathrooms: 3
    • Square Footage: 1761 sqft
    • Property Type: House
    • Community Name: Crescent Heights
    • Amenities Near By Shopping
    • Features See Remarks, Level
    • Parking Space Total 7
    • Plan 4714n
    • Structure None

    Buildings

    Bathroom Total 3 Bedrooms Above Ground 6
    Bedrooms Below Ground 1 Bedrooms Total 7
    Appliances See Remarks Basement Features Suite
    Basement Type Full Constructed Date 1912
    Construction Material Wood Frame Construction Style Attachment Detached
    Cooling Type None Flooring Type Ceramic Tile
    Foundation Type Poured Concrete Heating Fuel Natural Gas
    Heating Type Forced Air Stories Total 2
    Size Interior 1761 Sqft Total Finished Area 1761 Sqft
    Type House

    Land

    Acreage No Fence Type Partially Fenced
    Land Amenities Shopping Size Depth 36.57 M
    Size Frontage 15.24 M Size Irregular 557.00
    Size Total 557 M2|4,051 - 7,250 Sqft Size Total Text 557 M2|4,051 - 7,250 Sqft
    Zoning Description M-c1

    Rooms

    Level Type Dimensions
    Lower Level Family Room 4.34 M x 3.02 M
    Lower Level 3pc Bathroom 2.52 M x 1.68 M
    Lower Level Bedroom 3.81 M x 3.02 M
    Lower Level Kitchen 3.25 M x 2.41 M
    Main Level 3pc Bathroom 2.82 M x 2.26 M
    Main Level Bedroom 4.72 M x 3.35 M
    Main Level Bedroom 4.24 M x 3.86 M
    Main Level Bedroom 3.68 M x 2.77 M
    Main Level Kitchen 3.81 M x 3.07 M
    Main Level Den 4.22 M x 1.83 M
    Upper Level 4pc Bathroom 2.29 M x 1.80 M
    Upper Level Primary Bedroom 5.03 M x 3.33 M
    Upper Level Bedroom 3.96 M x 3.91 M
    Upper Level Bedroom 3.05 M x 2.74 M
    Address
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