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    Description

    | DEVELOPMENT LOT | DEVELOPMENT PERMIT APPROVED | SHOVEL READY TO BUILD 4 TOWNHOUSES WITH 4 BASEMENT SUITES. Located in Calgary’s premier and highly sought-after community of Varsity, just minutes from the University of Calgary, Foothills Hospital, Market Mall, and the LRT, this property presents a RARE investment and development opportunity. Take ADVANTAGE of the already approved Development Permit and begin construction immediately, saving valuable time, costs, and uncertainty in the planning process. The existing home features 6 bedrooms, offering excellent holding income potential by renting out individual rooms while preparing for redevelopment. Whether you are an investor, builder, or developer, this is a turnkey opportunity in one of Calgary’s most established and desirable neighbourhoods with strong long-term demand and exceptional future potential. (id:58070)

    Property Features

    • MLS® Number A2339483
    • Price $969,000
    • Bedrooms: 6
    • Bathrooms: 2
    • Square Footage: 1150 sqft
    • Property Type: House
    • Community Name: Varsity
    • Amenities Near By Schools, Shopping
    • Features See Remarks, Back Lane
    • Parking Space Total 2
    • Plan 4263jk

    Buildings

    Bathroom Total 2 Bedrooms Above Ground 4
    Bedrooms Below Ground 2 Bedrooms Total 6
    Appliances Refrigerator, Dishwasher, Stove, Washer & Dryer Architectural Style Bungalow
    Basement Development Finished Basement Features Separate Entrance
    Basement Type Full (finished) Constructed Date 1967
    Construction Style Attachment Detached Cooling Type None
    Exterior Finish Metal Flooring Type Vinyl Plank
    Foundation Type Poured Concrete Heating Type Forced Air
    Stories Total 1 Size Interior 1150 Sqft
    Total Finished Area 1150 Sqft Type House

    Parking

    Detached Garage 2

    Land

    Acreage No Fence Type Cross Fenced, Fence
    Land Amenities Schools, Shopping Land Disposition Cleared
    Size Depth 33.53 M Size Frontage 16.76 M
    Size Irregular 5930.91 Size Total 5930.91 Sqft|4,051 - 7,250 Sqft
    Size Total Text 5930.91 Sqft|4,051 - 7,250 Sqft Zoning Description R-cg

    Rooms

    Level Type Dimensions
    Basement Living Room 18.83 Ft x 26.17 Ft
    Basement Bedroom 11.00 Ft x 8.67 Ft
    Basement Bedroom 10.00 Ft x 8.67 Ft
    Basement 3pc Bathroom .00 Ft x .00 Ft
    Basement Furnace .00 Ft x .00 Ft
    Main Level Bedroom 8.92 Ft x 10.75 Ft
    Main Level Bedroom 9.25 Ft x 12.50 Ft
    Main Level Bedroom 8.92 Ft x 10.75 Ft
    Main Level Primary Bedroom 14.25 Ft x 9.42 Ft
    Main Level Living Room 13.83 Ft x 8.67 Ft
    Main Level Kitchen 14.58 Ft x 13.25 Ft
    Main Level 3pc Bathroom .00 Ft x .00 Ft
    Address
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