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$450,000

7244 Ogden Road SE

Ogden, Calgary, Alberta

3 bed·1 bath·Detached·MLS® A2329561·15h ago

About this home

Land, location, and long-term upside: this is the kind of opportunity investors wait for! A standout opportunity for investors, builders and developers in the fast-evolving community of Ogden. This 8,547 sq. ft. corner lot is zoned R-2 with discretionary live-work use already built into the bylaw, this teardown opens the door to a dwelling that supports both residential living and small-scale business use (think home offices, personal services, or craft production). With defined guidelines already established for parking, work area limits, and signage, the groundwork is done, now it's just a matter of building your vision! Located steps from the future Ogden Green Line LRT Station, the site is well-positioned to benefit from Transit-Oriented Development (TOD) planning and potential land use redesignation, subject to City of Calgary approval and buyer due diligence. Quick access to Fish Creek Park, Glenmore Trail, Deerfoot Trail and downtown Calgary, with nearby amenities including Jack Setters Arena, the Millican-Ogden Community Association, George Moss Park, Refinery Park, Pop Davies Athletic Park, Beaver Dam Flats, Bow River pathways, schools, shops and restaurants. Oversized, well-located development parcels in established communities are increasingly rare, especially those poised to benefit from major transit investment. A strong hold, an ideal build site, or a smart long-term land play. (id:66681)

Property details

Bedrooms
3
Bathrooms
1
Half baths
0
Year built
1947
Property type
Residential
Building type
Bungalow
Appliances
None
Parking
Detached Garage (1)
Zoning
DC (pre 1P2007)
Community
Ogden
MLS®
A2329561
Days on market
23

Location

Listing information last updated 15h 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

$90,000 (20%)

Base loan amount$360,000

$2,195 / month

First payment: $1,628 interest, $567 principal