PRIME DEVELOPMENTAL OPPORTUNITY! Approved and rezoned M-H1 property in the desirable & mature community of Highland Park. The current M-H1 zoning offers an unparalleled investment opportunity which allows for an 6-8 storey (26 m) multi-residential development with commercial on the main floor. Capitalize on its close proximity and views to downtown Calgary, easy access to the city's vibrant core and future green line LRT, and its immediate income-producing potential as its current residential state. Strategically-located near local landmarks, transportation hubs, parks/playgrounds, and connectivity to both residential and commercial amenities. CALLING ALL INVESTORS, DEVELOPERS, & BUILDERS!
| Address |
107 40 Avenue NE |
| List Price |
$1,800,000 |
| Property Type |
Residential |
| Type of Dwelling |
Detached |
| Style of Home |
Bungalow |
| Area |
Calgary CC |
| Sub-Area |
Highland Park |
| Bedrooms |
3 |
| Bathrooms |
4 |
| Floor Area |
1,231 Sq. Ft. |
| Lot Size |
6824 Sq. Ft. |
| Year Built |
1910 |
| MLS® Number |
A2165483 |
| Listing Brokerage |
RE/MAX Real Estate (Central)
|
| Basement Area |
Finished, Full |
| Postal Code |
T2E 2M6 |
| Zoning |
M-H1 |
| Site Influences |
City Lot, Schools Nearby, Shopping Nearby, Park, Playground, Sidewalks, Street Lights |
