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Key Details
Sold Price $626,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 998 sqft
Price per Sqft $627
Subdivision Bankview
MLS® Listing ID A2048536
Sold Date 06/21/23
Style Bungalow
Bedrooms 4
Full Baths 2
Originating Board Calgary
Year Built 1952
Annual Tax Amount $3,882
Tax Year 2022
Lot Size 5,328 Sqft
Acres 0.12
Property Description
Don't miss this incredible opportunity to invest in a prime property located on a coveted street in the vibrant inner-city community of Bankview. Boasting M-CG d72 zoning, this property offers exceptional investment potential with 5328 sq ft of potential redevelopment on a spacious 50 x 107 ft lot. What's more, this property already features a lower (illegal) suite, allowing for immediate rental income while you plan for redevelopment.
This beautifully renovated raised bungalow offers a perfect blend of original charm and modern updates, with an abundance of natural light highlighting the stunning original hardwood floors throughout the main living space. The cozy front living room boasts a wood-burning fireplace, while the back kitchen has been expertly designed with a large center island, wall-to-wall modern espresso cabinets, white quartz counters, and undermount lighting. The two bedrooms are generously sized and share a renovated 4-piece bath with spa-like features.
The lower level also offers a beautifully renovated living space with vinyl plank flooring, a modern wall-to-wall kitchen, and two spacious bedrooms, along with a renovated 3-piece bath featuring an oversized shower with spa-like jets. The property offers two separate entrances, two furnaces, two hot water tanks, two electrical panels, and two parking spots, making it an ideal investment opportunity for a savvy buyer. And with the today's tight rental market and increased rents, the sky's really the limit!
With its proximity to trendy 17th Avenue and downtown, as well as the charming community of Marda Loop, this property is truly a must-see for anyone looking to expand their investment portfolio in a highly sought-after location. Don't miss out on the chance to own a piece of prime real estate in one of Calgary's most desirable neighbourhoods!
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-CG d72
Direction E
Rooms
Basement Full, Suite
Interior
Interior Features Granite Counters, Kitchen Island, No Animal Home, No Smoking Home, Open Floorplan, Separate Entrance
Heating Forced Air, Natural Gas
Cooling None
Flooring Carpet, Ceramic Tile, Hardwood
Fireplaces Number 1
Fireplaces Type Living Room, Stone, Wood Burning
Appliance Built-In Oven, Dishwasher, Dryer, Electric Stove, Microwave, Range Hood, Refrigerator, Washer
Laundry In Basement, See Remarks
Exterior
Garage Off Street, Parking Pad
Garage Description Off Street, Parking Pad
Fence Fenced
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Asphalt Shingle
Porch Deck
Lot Frontage 49.94
Exposure E,W
Total Parking Spaces 3
Building
Lot Description Back Yard, Few Trees, Landscaped, Street Lighting, Rectangular Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Vinyl Siding,Wood Frame
Others
Restrictions None Known
Tax ID 82938701
Ownership Private
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