107 40 AVE NE Active

Calgary,AB T2E2M6

$ 999900

4 Beds

4 Baths

1219 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,219 sqft

Price per Sqft $820

Subdivision Highland Park

MLS Listing ID A2256063

Style Bungalow

Bedrooms 4

Full Baths 3

Half Baths 1

Year Built 1910

Annual Tax Amount $3,494

Tax Year 2025

Lot Size 6,824 Sqft

Acres 0.16

Property Sub-Type Detached

Source Calgary

Property Description

Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. There is potential to purchase the neighbouring property 4019 Centre A St NE that was also rezoned M-H1 - see rendering in photos which encapsulates both lots. Call for more information.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-H1

Direction N

Rooms

Other Rooms 1

Basement Finished,Full,Suite,Walk-Out To Grade

Interior

Interior Features Beamed Ceilings,Ceiling Fan(s),Chandelier,Laminate Counters,Storage,Vaulted Ceiling(s)

Heating Forced Air

Cooling None

Flooring Carpet,Linoleum

Fireplaces Number 1

Fireplaces Type Gas,Living Room,Masonry,Raised Hearth

Appliance None,See Remarks

Laundry In Basement

Exterior

Parking Features Double Garage Detached,Driveway,Off Street,Paved

Garage Spaces 2.0

Garage Description Double Garage Detached,Driveway,Off Street,Paved

Fence Partial

Community Features Golf,Other,Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights

Roof Type Asphalt Shingle

Porch Balcony(s),Patio

Lot Frontage 57.0

Total Parking Spaces 5

Building

Lot Description Back Lane,Back Yard,Backs on to Park/Green Space,Corner Lot,Rectangular Lot,Sloped,Treed

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Stucco,Wood Frame,Wood Siding

Others

Restrictions Airspace Restriction

Tax ID 101389084

Ownership Private

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