Active
107 40 Avenue NE
Calgary Alberta, T2E 2M6
$1,800,000
$1,462.23 per sqft
Active
3 Beds
4 Baths
1,231 sqft
Residential
Built in 1910
PRIME DEVELOPMENTAL OPPORTUNITY! Approved and rezoned M-H1 property in the desirable & mature community of Highland Park. The current M-H1 zoning offers an unparalleled investment opportunity which allows for an 6-8 storey (26 m) multi-residential development with commercial on the main floor. Capitalize on its close proximity and views to downtown Calgary, easy access to the city's vibrant core and future green line LRT, and its immediate income-producing potential as its current residential state. Strategically-located near local landmarks, transportation hubs, parks/playgrounds, and connectivity to both residential and commercial amenities. CALLING ALL INVESTORS, DEVELOPERS, & BUILDERS!
A2165483
MLSⓇ ID
September 10, 2024
Listed
November 22, 2024
Updated
Map
107 40 Avenue NE
Calgary Alberta, T2E 2M6
Interior Features
Total Stories
1
Bedrooms
3
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Interior Features
See Remarks
Appliances
See Remarks
Laundry Description
Other
Floor Description
Other
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Lot Size
0.16 Acres
Exterior Features
Lighting, Other
Lot Features
City Lot
Architectual Style
Bungalow
Roof
Asphalt Shingle
Other Property Details
Days on Market
57
Garage
Yes
Garage Spaces
1
Parking
Parking Pad
Parking Total
4
View
No
County
Calgary
Pool
No
Zoning
M-H1
Courtesy of RE/MAX Real Estate (Central), David Lem
Listing Contact: 403-477-3536
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Data last updated 9:17 AM UTC, 11/22/2024