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$1,200,000

316 16A Street NW

Hillhurst, Calgary, Alberta

4 bed·2 bath·Detached·MLS® A2358101·Listed today

About this home

Discover a rare opportunity in the heart of Hillhurst, one of Calgary's most desirable and established inner city communities, where mature tree lined streets, beautiful character homes and contemporary infills create an exceptional setting for your next chapter. Situated on a generous 50' x 135' lot, this charming 1951 bungalow offers an exciting range of possibilities for homeowners, renovators, investors and builders alike.Perfectly positioned directly across from Queen Elizabeth High School, serving Grades 7 through 12, with Queen Elizabeth School offering Kindergarten through Grade 6 adjacent, this location places educational opportunities close to home. Kensington Road, its popular cafés, restaurants, boutique shops and everyday conveniences are just a short stroll away. Enjoy easy access to the Bow River pathways, Riley Park, nearby recreation and Calgary's vibrant downtown core. The surrounding streetscape tells a wonderful story of neighbourhood evolution, where original homes have been lovingly maintained and beautifully renovated, while others have been thoughtfully reimagined as custom residences and contemporary infills. With only a handful of original bungalows remaining on this block, the possibilities here are particularly intriguing. Imagine refreshing the existing home and embracing its mid century character, creating a beautiful custom residence, or exploring the potential for a semi detached redevelopment with secondary suites, subject to City of Calgary approval and applicable land use regulations. Currently designated R-C2, the parcel offers an opportunity to investigate different residential configurations while enjoying the benefits of a substantial lot, established neighbourhood and paved rear lane access. Whether your vision is to preserve, renovate or create something entirely new, this is an exceptional opportunity to establish your future in one of Calgary's most sought after inner city communities. A wonderful home today, with exciting possibilities for tomorrow. (id:66681)

Property details

Bedrooms
4
Bathrooms
2
Half baths
0
Year built
1951
Property type
Residential
Building type
Bungalow
Appliances
Refrigerator, Stove
Parking
Detached Garage (4)
Zoning
R-C2
Community
Hillhurst
MLS®
A2358101
Days on market
0

Location

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Listing information last updated 1d 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

$240,000 (20%)

Base loan amount$960,000

$5,854 / month

First payment: $4,343 interest, $1,512 principal