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Attention builders and investors, these lots are rare 50'x180' (frontage/depth) - approx. 9000 sqft M-C2 zoned inner city lot(s) 23 & 24. Tremendous land value. M-C2 & C-COR2 commercial zoning to the East and M-CG zoned 5 plex to the West. M-C2 zoning is one of the highest (multi-residential/medium density) with flexibility to develop 3 to 5 level condo building with City of Calgary approval. Drawings are conceptual/architectural drawings of what could be built or re-developed on this land an (11 unit) complex with underground parking - additional units are possible. Currently there is a FULLY RENOVATED bungalow with LEGALIZED basement suite (#533) and double garage - rented/occupied by 3 separate tenants. New roof (2018). Option to REDEVELOP NOW or HOLD this turn-key renovated rental property and redevelop down the road. Located in the COVETED inner city community of Mount Pleasant - close to Confederation Park & amenities of 4th Street & 16th Avenue NW. Quick commute to LRT/SAIT, UofC & Downtown. Two sets of newer appliances (fridge, stove, dishwasher, washer & dryers) included. Steps from Mount Pleasant Community Sportsplex (community swimming pool). St. Joseph's Elementary/Junior High School & park is located across the street.
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Listing information last updated on August 24th, 2019 at 11:45am MDT.
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