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$1,350,000

7331 Keewatin Street SW

Kelvin Grove, Calgary, Alberta

4 bed·1 bath·Detached·MLS® A2333270·10d ago

About this home

Prime Inner-City Land Assembly with Conditional DP Approval!Exceptional redevelopment opportunity in the highly desirable community of Kelvin Grove. 7331 Keewatin Street SW and the neighboring property at 904 73 Avenue SW must be purchased together—no separate sales. Together, these two H-GO zoned parcels present a rare chance to secure a fully planned townhouse development site in one of Calgary's most established southwest communities.The proposed redevelopment has already achieved significant milestones, including Conditional Development Permit (DP) Approval and DSSP approvals, allowing a purchaser to substantially reduce planning timelines and move closer to construction. The approved concept is for 20 modern townhomes (10 units on each parcel), making this a true shovel-ready opportunity for builders and developers.The existing home at 7331 Keewatin Street SW is a well-maintained, extensively updated two-storey residence offering over 2,700 sq. ft. of developed living space with 5 bedrooms, providing excellent holding income potential while final development preparations are completed.Located just steps from schools, parks, transit, Chinook Centre and major transportation routes, this site combines an outstanding inner-city location with strong long-term redevelopment potential. Opportunities with conditional DP approval and H-GO zoning in mature southwest Calgary communities are increasingly rare.Both properties are offered together as one land assembly. No individual sales will be considered. (id:66681)

Property details

Bedrooms
4
Bathrooms
1
Half baths
0
Year built
1962
Property type
Residential
Appliances
Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer, Microwave Range Hood Combo, Garage door opener
Parking
Attached Garage (4)
Zoning
H-Go
Community
Kelvin Grove
MLS®
A2333270
Days on market
11

Location

Listing information last updated 10d 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

$270,000 (20%)

Base loan amount$1,080,000

$6,586 / month

First payment: $4,885 interest, $1,701 principal