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New

$900,000

2131 16A Street SW

Bankview, Calgary, Alberta

5 bed·3 bath·Detached·MLS® A2336396·15h ago

About this home

Owner has applied for a building permit for legal 8 plex. It is in the process. Exceptional H-GO redevelopment opportunity on a prime 50' x 106 'lot in the heart of Bankview, just steps from 17th Avenue SW! 2131 16A Street SW offers approximately 1,498 sq. ft. above grade, 5 bedrooms, 3 full bathrooms, an illegal basement suite, downtown skyline views, rear lane access and valuable H-GO zoning—an outstanding combination for homeowners, investors and developers.This distinctive two-storey character home offers a spacious and functional layout with high ceilings, hardwood flooring, generous room sizes and plenty of natural light. The developed lower level includes an illegal suite, providing flexibility for extended family .Outside, enjoy a private fenced yard, mature landscaping, rear lane access and ample off-street parking. The elevated Bankview setting provides attractive downtown views, while the location puts you within an easy walk of the restaurants, cafés, shopping and nightlife of 17th Avenue, with Marda Loop and downtown Calgary only minutes away.A major highlight is the property's H-GO zoning, offering enhanced density and redevelopment potential for builders and investors looking to hold, renovate or explore future multi-residential development, subject to City approvals and applicable development requirements.Live in it, rent it, hold it or redevelop it—a rare opportunity to secure a prime 50' x 118' inner-city lot with H-GO zoning, an existing income-producing home and an exceptional Bankview location.Please note seller will not be providing rpr. (id:66681)

Property details

Bedrooms
5
Bathrooms
3
Half baths
0
Year built
1950
Property type
Residential
Appliances
Washer, Refrigerator, Stove, Dryer
Parking
Other (4)
Zoning
H-GO
Community
Bankview
MLS®
A2336396
Days on market
0

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

$180,000 (20%)

Base loan amount$720,000

$4,391 / month

First payment: $3,257 interest, $1,134 principal