4220 Centre Street Ne Calgary, Alberta T2E 2Y9
$975,000
BUILDERS AND INVESTORS CORNER LOT - Located in the heart of Highland Park, this corner lot spans 5,801 square feet and presents an exceptional investment opportunity. Supported by the City of Calgary, Development Permit (DP) and rezoning applications are already underway, guided by an approved community master plan. With MU-1 zoning potential, this property allows for main-floor commercial use with up to six stories of residential above.Positioned on a busy road, the property ensures excellent visibility for commercial ventures. It also benefits from NE Calgary’s lower property taxes and CMHC financing availability, making it a strategic financial choice. Included in the deal are architectural drawings that have been reviewed and supported by the City of Calgary, with city comments regarding proposed development available upon request.With a $3.5 million valuation, this lot sits in a highly visible and vibrant stretch with multiple other development opportunities along the same street. Its location and approved potential make it a standout choice for developers and investors alike. Proximity to the proposed Green Line only adds to its long-term appeal, presenting a rare opportunity to be part of a growing and dynamic community. (id:52784)
Property Details
| MLS® Number | A2181615 |
| Property Type | Single Family |
| Neigbourhood | Franklin |
| Community Name | Highland Park |
| AmenitiesNearBy | Park, Playground, Schools, Shopping |
| Features | See Remarks, Other, Back Lane |
| ParkingSpaceTotal | 2 |
| Plan | 6482gn |
| Structure | None |
Building
| BathroomTotal | 1 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Appliances | See Remarks |
| ArchitecturalStyle | Bungalow |
| BasementType | See Remarks |
| ConstructedDate | 1953 |
| ConstructionMaterial | Wood Frame |
| ConstructionStyleAttachment | Detached |
| CoolingType | None |
| ExteriorFinish | Stucco |
| FlooringType | Laminate |
| FoundationType | Poured Concrete |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 1054 Sqft |
| TotalFinishedArea | 1054 Sqft |
| Type | House |
Parking
| Parking Pad | |
| Detached Garage | 1 |
Land
| Acreage | No |
| FenceType | Not Fenced |
| LandAmenities | Park, Playground, Schools, Shopping |
| SizeDepth | 35.36 M |
| SizeFrontage | 15.24 M |
| SizeIrregular | 5801.00 |
| SizeTotal | 5801 Sqft|4,051 - 7,250 Sqft |
| SizeTotalText | 5801 Sqft|4,051 - 7,250 Sqft |
| ZoningDescription | R-cg |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Bedroom | 11.42 Ft x 8.17 Ft | ||
| Main Level | 4pc Bathroom | 9.83 Ft x 6.25 Ft | ||
| Main Level | Bedroom | 9.83 Ft x 8.67 Ft | ||
| Main Level | Dining Room | 10.08 Ft x 8.17 Ft | ||
| Main Level | Kitchen | 9.92 Ft x 11.33 Ft | ||
| Main Level | Living Room | 14.92 Ft x 14.42 Ft | ||
| Main Level | Primary Bedroom | 11.42 Ft x 8.83 Ft |
https://www.realtor.ca/real-estate/27705175/4220-centre-street-ne-calgary-highland-park
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December 03 2024 07:55:39
Calgary Real Estate Board
Charles