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Key Details
Sold Price $2,450,000
Property Type Vacant Land
Sub Type Commercial Land
Listing Status Sold
Purchase Type For Sale
Subdivision Bankview
MLS® Listing ID A2055737
Sold Date 01/24/24
Originating Board Calgary
Annual Tax Amount $6,834
Tax Year 2023
Lot Size 10,700 Sqft
Acres 0.25
Property Description
Attention Developers; Inner-city Corner Land Assembly! Price of $2,250,000 includes three parcels: 2103 14 St SW, 2107 14 St SW, and 1437 19 Ave SW. with respective homes. Great opportunity for developers and flexible sale terms available. The parcel is zoned MU-1f3.8h21, excellent for a mid-rise apartment building or townhomes with mixed-use potential (residential, retail, and office). Site is 10,700 sf providing a total buildable area up to 40,660 sf. Situated on a corner bordered by 14 St and 19 Ave SW, just one block away from the Red Mile along 17 Avenue. Convenient walking access to trendy restaurants, unique shops, café’s and bars. Moreover, the site offers breathtaking views of Downtown Calgary and the north skyline, making it perfect for a 5-6 story building. The property currently includes 13 rental units that generate a steady stream of income, and you can continue renting out these units until you break ground on your development project. Exceptional land assembly opportunity for any astute developer. Call for further information including income details, and the seller may consider a VTB with favorable terms.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning MU-1 f3.8h21
Exterior
Fence None
Others
Restrictions Restrictive Covenant
Tax ID 83247406
Ownership Private
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