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$875,000

409 29 Avenue NW

Mount Pleasant, Calgary, Alberta

2 bed·1 bath·Detached·MLS® A2319252·16d ago

About this home

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Exceptional opportunity in the highly sought-after community of Mount Pleasant on a PRIME 50' x 120' lot. Surrounded by redevelopment and luxury infill projects, this property offers outstanding potential for future development in one of Calgary's most desirable inner-city neighbourhoods.Ideally located on a quiet tree-lined street, this large lot provides endless possibilities for redevelopment, investment, or holding as a revenue property while planning your future project. The generous dimensions and desirable location make it an excellent candidate for a new luxury infill development, side-by-side project, or other redevelopment opportunities subject to City approval.Mount Pleasant continues to be one of Calgary's most in-demand communities, offering quick access to downtown, SAIT, schools, parks, pathways, transit, and an abundance of nearby amenities. Residents enjoy the perfect balance of mature neighbourhood charm and urban convenience.Whether you're a builder looking for your next project, an investor seeking long-term land value appreciation, or a buyer wanting to secure a premium inner-city lot, this is a rare opportunity in a location where demand continues to grow. Don't miss your chance to invest in one of Calgary's premier redevelopment communities. (id:66681)

Property details

Bedrooms
2
Bathrooms
1
Half baths
0
Year built
1949
Property type
Residential
Building type
Bungalow
Appliances
None
Parking
Detached Garage (3)
Zoning
R-CG
MLS®
A2319252
Days on market
71

Location

Listing information last updated 16d ago. Provided by the listing brokeragevia CREA’s DDF®, deemed reliable but not guaranteed accurate.

Mortgage estimate

Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.

Down payment

$175,000 (20%)

Base loan amount$700,000

$4,269 / month

First payment: $3,166 interest, $1,102 principal