$499,900
3816 Parkhill Place SW
Parkhill, Calgary, Alberta
About this home
Exceptional redevelopment opportunity in the highly sought-after community of Parkhill. Situated on an M-C1 zoned lot, this property offers outstanding potential for investors, builders, and developers. While the existing home has benefited from numerous recent upgrades—including a newer roof, windows, doors, plumbing lines, electrical panel and wiring, furnace, and hot water tank—the true value lies in the land and its future development potential.An approved Development Permit for a four-storey apartment building is already in place, creating a rare opportunity to develop a long-term income-producing asset in one of Calgary’s most desirable inner-city locations. Whether you are an experienced developer expanding your portfolio or an entrepreneur seeking a manageable multifamily project, this property presents exceptional possibilities. (id:66681)
Property details
- Bedrooms
- 1
- Bathrooms
- 1
- Half baths
- 0
- Year built
- 1908
- Property type
- Residential
- Building type
- Bungalow
- Appliances
- None
- Parking
- Other (1)
- Zoning
- M-C1
- Community
- Parkhill
- MLS®
- A2320969
- Days on market
- 56
Location
Listing information last updated 1mo 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.
$99,980 (20%)
$2,439 / month
First payment: $1,809 interest, $630 principal