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$1,500,000

1902 5A Street SW

Cliff Bungalow, Calgary, Alberta

2 bed·2 bath·Detached·MLS® A2358038·Listed today

About this home

Situated on a prominent 50' x 115' corner lot in Calgary's sought-after Cliff Bungalow neighbourhood, this beautifully maintained character bungalow offers an exceptional combination of architectural charm, established business use, and future redevelopment potential.Currently operating as a therapy clinic, the thoughtfully configured interior offers five generously sized private (office) rooms, an inviting reception and waiting area, a functional kitchen, two bathrooms, and flexible space for a boardroom or additional offices. Large windows, hardwood flooring, fireplaces, and beautifully preserved period details create a welcoming atmosphere throughout. Six off-street parking stalls provide added convenience in this desirable inner-city location.The property has benefited from numerous improvements over the years, including energy-efficient windows, upgraded exterior insulation for improved energy efficiency, interior wall insulation for sound reduction, a high-efficiency furnace, central air conditioning, and updated roofing. Outside, mature landscaping, established perennial gardens, and an underground irrigation system complement the property's attractive setting.The existing land use designation accommodates business use, presenting an appealing opportunity for professional consulting practices seeking a distinctive and established location. Alternatively, the property offers potential for conversion back to residential use or future redevelopment. Its corner position, generous lot dimensions, and proximity to surrounding higher-density development make it particularly attractive to investors and developers exploring longer-term opportunities.Just steps from the vibrant shops, restaurants, and amenities of 4th Street and 17th Avenue, and minutes from downtown, this distinctive property offers a rare combination of character, functionality, and long-term potential. (id:66681)

Property details

Bedrooms
2
Bathrooms
2
Half baths
1
Year built
1943
Property type
Residential
Building type
Bungalow
Appliances
Refrigerator, Range - Electric, Microwave, Window Coverings
Parking
Parking Pad, Other (6)
Zoning
DC (PRE 1P2007)
MLS®
A2358038
Days on market
0

Location

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Listing information last updated 9h ago. Provided by the listing brokerage via 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

$300,000 (20%)

Base loan amount$1,200,000

$7,318 / month

First payment: $5,428 interest, $1,889 principal