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405 22 Avenue Ne Calgary, Alberta T2E 1T8

4 Bedroom 2 Bathroom 1211.4 sqft
None Forced Air

$579,900

Enhanced value alert! Price significantly reduced on this high potential property & project. This exceptional 40’X125’ property offers a unique investment opportunity for builders and investors alike. Full working drawings, development permit and all necessary consultations done for building permit approval are available so you can break ground immediately and start realizing returns quickly. The property is ideally located in an up-and-coming neighborhood close to downtown and major transit routes, making it highly desirable for future homeowners and renters. The 3-plex layout has been thoughtfully designed to appeal to modern buyers. Each unit can be sold individually and would be very appealing to first time buyers thanks to the property’s prime location and the increasing need for housing in the area. Alternatively, this development is also perfect for a long-term hold strategy. The location is set to see continued growth in value, making it an ideal rental income property. Extremely close proximity to public transportation, downtown amenities, shopping and schools, tenants will enjoy both convenience and urban living at its best. This is a low-risk, high-reward opportunity for a builder or investor to capitalize on either short—term sales or long-term rental potential. Seize this opportunity to develop a turnkey project in one of the city’s most promising area. With everything ready to go, this 3-plex investment could be part of your portfolio! Should you wish to wait a while to start your project, with a little love, the current home on the property could be rented. Currently vacant and easy to show. (id:51438)

Property Details

MLS® Number A2170476
Property Type Single Family
Neigbourhood Pineridge
Community Name Winston Heights/Mountview
AmenitiesNearBy Park, Playground, Schools, Shopping
Features Back Lane
ParkingSpaceTotal 2
Plan 5613fo
Structure Deck

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsTotal 4
Appliances Refrigerator, Dishwasher, Washer & Dryer
BasementDevelopment Unfinished
BasementType Full (unfinished)
ConstructedDate 1947
ConstructionStyleAttachment Detached
CoolingType None
ExteriorFinish Composite Siding
FlooringType Hardwood, Linoleum, Tile
FoundationType Poured Concrete
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 1211.4 Sqft
TotalFinishedArea 1211.4 Sqft
Type House

Parking

Detached Garage 2
Street

Land

Acreage No
FenceType Fence
LandAmenities Park, Playground, Schools, Shopping
SizeDepth 38.1 M
SizeFrontage 12.18 M
SizeIrregular 4996.40
SizeTotal 4996.4 Sqft|4,051 - 7,250 Sqft
SizeTotalText 4996.4 Sqft|4,051 - 7,250 Sqft
ZoningDescription M-c1

Rooms

Level Type Dimensions
Basement Furnace 9.67 Ft x 9.42 Ft
Main Level Living Room 15.92 Ft x 11.75 Ft
Main Level Other 3.92 Ft x 7.83 Ft
Main Level Bedroom 13.92 Ft x 7.83 Ft
Main Level Other 11.75 Ft x 11.50 Ft
Main Level Laundry Room 9.50 Ft x 9.17 Ft
Main Level 4pc Bathroom 8.58 Ft x 5.42 Ft
Main Level Bedroom 11.83 Ft x 8.50 Ft
Upper Level Bedroom 15.00 Ft x 7.83 Ft
Upper Level 3pc Bathroom 5.08 Ft x 6.33 Ft
Upper Level Primary Bedroom 15.00 Ft x 11.83 Ft

https://www.realtor.ca/real-estate/27503404/405-22-avenue-ne-calgary-winston-heightsmountview

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