1407 28 Street Southwest, Calgary, Alberta T3C1L8

Listing courtesy of Royal LePage METRO.

$950,000
3
BD
2
BA
1,072
SqFt

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List Price
$950,000
MLS®
A2331540
Days on Market
35
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
3
Bathrooms
2
Living Area
1,072
Lot Size Dimensions
654.00
Lot Size
654
Subdivision
Shaganappi

Property Description

Attention developers, builders and investors - this is a rare opportunity to secure an exceptional redevelopment site in Shaganappi, one of Calgary’s most established and strategically located inner-city communities. Situated on an approximately 47' x 150' M-C2 zoned lot, the property checks the boxes investors look for: scale, zoning, transit, holding income and a head start on redevelopment, with a Development Permit application already submitted for a proposed 10-unit multi-residential project. The existing residence and legal one-bedroom basement suite provide holding income while the redevelopment process moves forward. The location is equally compelling - just one block from the LRT, minutes from downtown, and close to Westbrook Mall, parks, schools, recreation and everyday amenities. With the zoning, income and redevelopment work already in motion, the groundwork has been laid - the next owner gets to capitalize on the opportunity. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Shaganappi
Parking Spaces
1
Construction Materials
Wood frame
Cooling
None
Country
Canada
Flooring
Vinyl
Community Features
Golf Course Development
Heating
Forced air
Lot Features
See remarks, Back lane
Architectural Style
Bungalow
Stories
1
Lot Size
654

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Calculator source: Real Geeks