***INVESTOR/BUILDER ALERT*** M-CG d111 zoning, 50 x 130, Double Lot, Potential to develop a 4 plex + 4 basement suites OR an 8 unit apartment building (just like the one beside it). The property currently generates around $40,000 per year in rental income (up and down together) and still has potential to go up. Sunalta is a HIGH DEMAND community for its TOP Public school zone (Sunalta School K-6, Mount Royal School 7-9, Western Canada High School 10-12), its walking distance to LRT, Downtown Core, and everything else that downtown life style can offer! Whether redevelopment for Resale or Rental, it holds its value for immediate action or future plan! Book your showing today before it is gone!
Address
1615 12 Avenue SW
List Price
$1,098,888
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bi-Level
Area
Calgary CC
Sub-Area
Sunalta
Bedrooms
3
Bathrooms
2
Floor Area
987 Sq. Ft.
Lot Size
6501 Sq. Ft.
Year Built
1948
MLS® Number
A2164015
Listing Brokerage
Royal LePage Benchmark
Basement Area
Finished, Full
Postal Code
T3C 0R3
Zoning
M-CG d111
Site Influences
Back Lane, Back Yard, Schools Nearby, Shopping Nearby, Park, Playground, Rectangular Lot, Sidewalks