$1,200,000.00 0.18 acre

4106 & 4108 1A Street SW, Calgary. T2S 1R8

Description

Opportunity knocks with a big bang, don't miss it!... This is one of very few / last redevelopment opportunities along the highly coveted Park Hill ridge above the Elbow River parklands, with easy access to the bicycle, walking, jogging pathways, Stanley Park tennis, swimming, skating, hockey, tobogganing, soccer, off leash areas and more. The lot is designated R-C2, 51 x 156 feet (7956 sq ft) and ideal for larger than typical luxury semidetached or detached infills, including their garages.If one single family house were to be built, a secondary lower level or above the garage suite could be accommodated with ease. It’s gentle slope front to back accommodates with ease lower level walkout and / or amazing garage opportunities. This price reflects land value but the opportunity for decent revenue while developing your plans is better than typical here. The circa 1962 duplex (with non conforming / illegal suites that were occupied until relatively recent) is in ‘as-is’ condition. The current tenants are on short fixed term leases, 4106 @ $1,375 till October 1, 2022 4108 @ $1,675 per month until April 1, 2023 (not including the suites / developed areas in the walkout lower level). As this property is priced based on land value and out of respect for the tenants including COVID matters, access inside prior to an acceptable written offer will be quite limited.

Listing Information

Prop. Type:Residential
Status:Active
MLS #:A1181352
City:Calgary
Neighbourhood:Parkhill
Province:Alberta
Building/Unit Size: 0 sq.ft
Land Size:0.18 Acre
Listing Price:$1,200,000.00
Listing Price Arce:$6,666,667 per Acre
Business Type:
Property Subtype:Duplex
Transaction Type:For Sale
Land Use Code:R-C2
Listing Contract Date:2022-02-28

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This listing is presented by CENTURY 21 BRAVO REALTY, courtesy of "RE/MAX REALTY PROFESSIONALS" listing brokerage.

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