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$500,000

7438 Ogden Road SE

Ogden, Calgary, Alberta

1 bed·1 bath·Detached·MLS® A2338557·1d ago

About this home

DEVELOPMENT OPPORTUNITY on a DOUBLE LOT! Welcome to 7438 Ogden Road SE, offering exciting potential for builders, developers and investors in an established Calgary community. Situated on two lots along a main roadway, the property currently features a bungalow and detached double garage and is designated R-CG, a residential zoning district that allows for a variety of low-density housing forms and greater flexibility for redevelopment than traditional single-detached zoning. Explore the possibilities of this well-positioned property while considering your future plans. Buyers are encouraged to conduct their own due diligence regarding land use, development possibilities, permitting, lot requirements and intended use.LOCATION is a major advantage! The property is within walking distance of a planned Green Line LRT station and approximately a 2-minute walk to a bus stop located across the street.Enjoy convenient access throughout the city, with Deerfoot Meadows approximately 7 minutes away, Chinook Centre approximately 9 minutes away and Downtown Calgary approximately 16 minutes away. Outdoor recreation is also close at hand, with Carburn Park approximately 7 minutes away and Beaver Dam Flats approximately 5 minutes away.DOUBLE LOT. R-CG ZONING. TRANSIT ACCESS. FUTURE LRT PROXIMITY. A compelling opportunity in an established southeast Calgary location with redevelopment potential and convenient access to shopping, recreation, transit and the downtown core. (id:66681)

Property details

Bedrooms
1
Bathrooms
1
Half baths
0
Year built
1945
Property type
Residential
Building type
Bungalow
Appliances
Refrigerator, Dishwasher, Stove, Window Coverings
Parking
Detached Garage, Other (4)
Zoning
R-C2
Community
Ogden
MLS®
A2338557
Days on market
21

Location

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Listing information last updated 1d 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

$100,000 (20%)

Base loan amount$400,000

$2,439 / month

First payment: $1,809 interest, $630 principal