301 46 Avenue SW Calgary, Alberta T2S 1B5

1,858 sqft

$999,900

Rare opportunity in sought-after Elboya. Situated on a prime 55' x 120' corner lot, this well-maintained legal triplex offers exceptional flexibility for investors, developers, and owner-occupiers alike. Whether you're looking to hold as a cash-flowing investment, explore redevelopment opportunities, or maximize density through future conversion, the possibilities here are endless. With similar corner parcels in the area currently being redeveloped, including an 8-unit project directly across the street, this property presents compelling long-term upside.Ideally located just minutes from downtown and within walking distance to Stanley Park, the Elbow River pathway system, Britannia Plaza, schools, parks, transit, and major commuter routes, this is one of Calgary's most desirable inner-city locations.The property consists of three well-maintained rental units with strong tenant appeal. Unit 303 occupies an entire side of the duplex and features an abundance of natural light, two spacious upper-level bedrooms, a generous living area, and a fully developed basement. Unit 301 has been thoughtfully configured into upper and lower suites, creating additional income potential. All units are well cared for, easily rentable, and offer attractive layouts for a wide range of tenants. Current occupants of Unit 303 have expressed interest in remaining, providing added stability for investors seeking immediate rental income.Financial information is available upon request. An outstanding opportunity to secure a revenue-generating property with significant future potential in one of Calgary's premier inner-city communities. (id:52784)

Property Details

MLS® Number A2317240
Property Type Multi-family
Community Name Elboya
Amenities Near By Park, Playground, Recreation Nearby, Schools, Shopping
Parking Space Total 4
Plan 357gu

Building

Appliances Refrigerator, Range - Electric, Dishwasher, Washer & Dryer
Constructed Date 1956
Construction Style Attachment Attached
Flooring Type Laminate, Parquet, Tile
Stories Total 1
Size Interior 1,858 Sqft
Total Finished Area 1857.94 Sqft
Type Multi-family

Parking

Detached Garage 2

Land

Acreage No
Land Amenities Park, Playground, Recreation Nearby, Schools, Shopping
Size Depth 36.55 M
Size Frontage 16.81 M
Size Irregular 612.00
Size Total 612 M2|4,051 - 7,250 Sqft
Size Total Text 612 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

https://www.realtor.ca/real-estate/29854351/301-46-avenue-sw-calgary-elboya

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