$1,175,000

About this home

RARE PARKDALE DEVELOPMENT OPPORTUNITY – APPROVED 8-UNIT DEVELOPMENT PERMIT! An exceptionally rare opportunity for a CORNER lot in the highly sought-after inner-city community of Parkdale. This property comes with an APPROVED DEVELOPMENT PERMIT FOR AN 8-UNIT MULTI-RESIDENTIAL DEVELOPMENT—an increasingly difficult approval to replicate under Calgary's evolving planning policies. For builders, developers and investors, the value here is in the existing approval. With the development permit already secured, this property offers a significant head start. Opportunities of this nature have become extremely scarce, especially in one of Calgary's most desirable inner-city communities. Parkdale continues to be one of Calgary's most desirable redevelopment communities, offering excellent proximity to the Bow River pathway system, Foothills Medical Centre, Alberta Children's Hospital, University of Calgary, Market Mall, schools, parks and downtown Calgary. The location provides an outstanding combination of inner-city convenience, established neighborhood character and long-term redevelopment appeal. Whether you're a developer looking for your next project or an investor seeking a scarce inner-city land opportunity, properties with this level of development potential and existing approval rarely become available. (id:66681)

Property details

Bedrooms

4

Bathrooms

2

Half baths

0

Year built

1953

Property type

Residential

Building type

Bungalow

Appliances

Stove, Range

Parking

Detached Garage (2)

Zoning

R-CG

Community

Parkdale

MLS®

A2340475

Days on market

21

Location