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1624 26 Avenue Sw Calgary, Alberta T2T 1C6

4250 sqft

$1,699,900

A prime corner lot with over 7700 sqft of development site located in the highly sought-after Inner city Calgary neighbourhood of Bankview. Ideally situated within walking distance to the bustling Marda Loop Area with popular restaurants, unique service shops, and charming nightlife venues that contribute to a vibrant community atmosphere. This unique lot currently has a 3 storey Brick Building complex with Five – 2 bedroom units (approx. 700sqft) and One – 1 bedroom unit (approx. 600sqft). This Apartment Complex is zoned: M-C2 zoned (FAR: 2.5, 16M), which can build a +/-29 UNITS, 5 Storey Complex with a mixture of Bachelor, 1 bedroom and 2 bedrooms units on this lot (~19,250 sqft of developable area). Newer EPMD Roof. Lots of parking at the side and back of the building. Rent and Hold Long Term for future development or get plans in place to build a 5 storey complex for a long term rental property. Close to transit, 14th Street, Marda Loop, 17th Avenue shops and restaurants. (id:52784)

Property Details

MLS® Number A2157318
Property Type Multi-family
Neigbourhood Bankview
Community Name Bankview
ParkingSpaceTotal 7
Plan 3909r

Building

ConstructedDate 1958
FoundationType Poured Concrete
SizeExterior 4250 Sqft
SizeInterior 4250 Sqft
TotalFinishedArea 4250 Sqft
Type Multi-family

Land

Acreage No
SizeDepth 21.94 M
SizeFrontage 32.61 M
SizeIrregular 7696.00
SizeTotal 7696 Sqft|7,251 - 10,889 Sqft
SizeTotalText 7696 Sqft|7,251 - 10,889 Sqft
ZoningDescription M-c2

https://www.realtor.ca/real-estate/27287305/1624-26-avenue-sw-calgary-bankview

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