Calgary, AB T2G2Z6,1125 8 Street SE
Calgary, AB T2G2Z6,1125 8 Street SE
Calgary, AB T2G2Z6,1125 8 Street SE
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Gary Basra

Gary Basra

+1(403) 919-3525
$ 750,000
Est. payment | /mo

1 Bed

1 Bath

710 SqFt

Save
$ 750,000
Est. payment | /mo
Save

1 Bed

1 Bath

710 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 710 sqft

Price per Sqft $1,056

Subdivision Ramsay

MLS® Listing ID A2276037

Style Bungalow

Bedrooms 1

Year Built 1944

Lot Size 4,897 Sqft

Acres 0.11243295

Property Sub-Type Freehold

Property Description

FANTASTIC opportunity to acquire a well-located development site in Calgary's evolving inner-city community of Ramsay. Located at 1123/1125 8 Street SE, this 33x148 site(both together - 66x148) features newly approved HGO (Housing – Grade-Oriented) zoning and a preliminary design for a 28-unit multi-family project as supported by the City. This lot also has the potential for subdivision into 2 - 33x74 lots (east/west) with City approvals. Seller would prefer both sold together or may consider seperate sales. City planning meetings have been completed and are supportive, with development approval drawings able to be prepared quickly for submission. The nearly 10,000 sq. ft. parcel offers dual street access from 8 Street SE and Maggie Street to the west. Our proposed concept respects the neighborhood's historic character while delivering modern, attainable inner-city housing. Ideally situated steps from Red's Diner and within walking distance to Stampede Park, the BMO Centre, and the Culture and Entertainment District, including the future SAM Centre and Inglewood's vibrant retail and nightlife. Ramsay continues to benefit from public and private reinvestment, making this an attractive long-term opportunity. With potential CMHC MLI Select eligibility, this project offers enhanced financing options while contributing to Calgary's growing rental housing needs. Come have a look today and make us an offer! (id:24570)

Location

State AB

Rooms

Kitchen 0.0

Extra Room 1 Main level 7.00 Ft x 4.00 Ft 4pc Bathroom

Extra Room 2 Main level 8.00 Ft x 10.00 Ft Bedroom

Interior

Heating Other

Cooling None

Flooring Other, Wood

Exterior

Parking Features No

Fence Not fenced

View Y/N No

Total Parking Spaces 3

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by Century 21 Bamber Realty LTD.

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Gary Basra

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(403) 919-3525

gary@realtyinvestment.ca

1210 20 Ave SE, Calgary, T2G, 3G2, Canada

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1125 8 Street SE