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 

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. 

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Data last updated 9:17 AM UTC, 11/22/2024

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