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MLS® A2331540 · Active

1407 28 Street SW

Calgary, Alberta

$950,000

Source-listed price. Confirm sale or lease terms and availability.

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Property photographs

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Property details

MLS®
A2331540
Status
Active
Property type
Single Family
City
Calgary
Bedrooms
3
Bathrooms
2
Year built
1947
Living area
1072 square feet
Listing brokerage
Royal LePage METRO

About this property

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:65883)

Location

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Listing information provided through CREA DDF®. Listing courtesy of Royal LePage METRO. Source attribution · REALTOR.ca

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