405 22 Avenue NE Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2E1T8
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 1,211 sqft
Price per Sqft $478
Subdivision Winston Heights/Mountview
MLS Listing ID A2170476
Bedrooms 4
Originating Board Calgary Real Estate Board
Year Built 1947
Lot Size 4,996 Sqft
Acres 4996.4
Property Description
Enhanced value alert! Price significantly reduced on this high potential property & project. This exceptional 40’X125’ property offers a unique investment opportunity for builders and investors alike. Full working drawings, development permit and all necessary consultations done for building permit approval are available so you can break ground immediately and start realizing returns quickly. The property is ideally located in an up-and-coming neighborhood close to downtown and major transit routes, making it highly desirable for future homeowners and renters. The 3-plex layout has been thoughtfully designed to appeal to modern buyers. Each unit can be sold individually and would be very appealing to first time buyers thanks to the property’s prime location and the increasing need for housing in the area. Alternatively, this development is also perfect for a long-term hold strategy. The location is set to see continued growth in value, making it an ideal rental income property. Extremely close proximity to public transportation, downtown amenities, shopping and schools, tenants will enjoy both convenience and urban living at its best. This is a low-risk, high-reward opportunity for a builder or investor to capitalize on either short—term sales or long-term rental potential. Seize this opportunity to develop a turnkey project in one of the city’s most promising area. With everything ready to go, this 3-plex investment could be part of your portfolio! Should you wish to wait a while to start your project, with a little love, the current home on the property could be rented. Currently vacant and easy to show. (id:24570)
Location
State AB
Rooms
Extra Room 1 Basement 9.67 Ft x 9.42 Ft Furnace
Extra Room 2 Main level 15.92 Ft x 11.75 Ft Living room
Extra Room 3 Main level 3.92 Ft x 7.83 Ft Other
Extra Room 4 Main level 13.92 Ft x 7.83 Ft Bedroom
Extra Room 5 Main level 11.75 Ft x 11.50 Ft Other
Extra Room 6 Main level 9.50 Ft x 9.17 Ft Laundry room
Interior
Heating Forced air,
Cooling None
Flooring Hardwood,Linoleum,Tile
Exterior
Parking Features Yes
Garage Spaces 2.0
Garage Description 2
Fence Fence
View Y/N No
Total Parking Spaces 2
Private Pool No
Building
Story 1
Others
Ownership Freehold