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Key Details
Sold Price $1,200,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 808 sqft
Price per Sqft $1,485
Subdivision Altadore
MLS® Listing ID A2135277
Sold Date 05/26/24
Style Bungalow
Bedrooms 2
Full Baths 2
Originating Board Calgary
Year Built 1950
Annual Tax Amount $4,357
Tax Year 2023
Lot Size 6,243 Sqft
Acres 0.14
Property Description
Attention Investors and Developers! Discover an incredible opportunity in the vibrant inner-city community of Altadore. This 1950s bungalow (being sold as-is/where-is), situated on a spacious sloped corner lot measuring 50' x 125', is a prime candidate for redevelopment. With the potential to transform this property into a beautiful row-house development, subject to City Approval and Zoning, this is a rare find in a sought-after location.
Lot Size: 50' wide x 125' long
Current Zoning: R-C2
Proposed Zoning Change: R-CG (Effective August 6th, subject to City of Calgary confirmation - please contact the City of Calgary)
Offered at: $1,050,000
Location Highlights:
Recreation: Just steps from the off-leash dog park, Glenmore Athletic Park and Aquatic Centre, and scenic river pathways.
Shopping & Dining: Close to the bustling Marda Loop Shopping District with its eclectic mix of shops, restaurants, and cafes.
Parks & Playgrounds: Multiple parks and playgrounds nearby provide plenty of green space and recreational opportunities.
Schools: Exceptional walkability to top-rated schools, including Rundle Academy, Altadore School, and Central Memorial High School.
Accessibility: Less than a 10-minute drive to downtown Calgary and the prestigious Glencoe Club.
Seize this chance to invest in a rapidly developing area with a strong sense of community and outstanding amenities. The proposed zoning change enhances the redevelopment potential, making this an ideal project for forward-thinking investors.
Contact us today to explore this exciting opportunity and learn more about the future possibilities for this exceptional property in Altadore!
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning R-C2
Direction W
Rooms
Basement Full, Partially Finished
Interior
Interior Features See Remarks
Heating Forced Air, Natural Gas
Cooling None
Flooring Hardwood, Linoleum
Appliance Dryer, Freezer, Washer
Laundry In Basement
Exterior
Garage Double Garage Detached
Garage Spaces 2.0
Garage Description Double Garage Detached
Fence Partial
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Walking/Bike Paths
Roof Type Asphalt Shingle
Porch None
Lot Frontage 49.94
Parking Type Double Garage Detached
Exposure W
Total Parking Spaces 4
Building
Lot Description Back Lane, Brush, Corner Lot, Sloped
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Wood Frame,Wood Siding
Others
Restrictions None Known
Tax ID 83063586
Ownership Private
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