Exceptional opportunity awaits INVESTORS AND BUILDERS within the prestigious CMHC MLI SELECT PROGRAM! Situated on a spacious 51′ x 126′ CORNER LOT with coveted R-C1 zoning, this property holds promise for lucrative returns and endless potential. With the option to rezone for a 4-plex featuring 4 legal suites in the basement for future development, or to utilize it as a rental property with separate accommodations, the possibilities abound. Nestled in a vibrant community, it offers unrivaled convenience with various amenities nearby, including shops, restaurants, schools, and rapid transit. Step into the inviting bungalow to explore its unique charm, featuring an illegal suite providing dual rental opportunities with private entrances. The main floor offers a cozy retreat for families, boasting spacious living areas, a well-appointed kitchen, and three generous bedrooms. Outside, the fully fenced backyard beckons for relaxation and gatherings, while the basement illegal suite provides additional space for rental income or extended family stays. Enjoy the added convenience of a double detached garage and mature landscaping, creating a tranquil oasis. With easy access to downtown and major routes, along with ongoing city redevelopment plans, this property offers a prime investment opportunity. Don’t miss your chance to secure a foothold in one of the city’s most desirable neighborhoods. Whether you’re an investor, developer, or seeking your forever home, this property offers the ideal foundation for your aspirations.
Property Details
Price:
$679,900
MLS #:
A2123146
Status:
Active
Beds:
3
Baths:
1
Address:
901 38 Street SE
Type:
Single Family
Subtype:
Detached
Subdivision:
Forest Lawn
City:
Calgary
Listed Date:
Apr 15, 2024
Province:
AB
Finished Sq Ft:
1,052
Postal Code:
211
Lot Size:
6,479 sqft / 0.15 acres (approx)
Year Built:
1959
Schools
Interior
Appliances
Range, Refrigerator, Stove(s), Washer/ Dryer, Window Coverings
Basement
Separate/ Exterior Entry, Full, Suite
Bathrooms Full
1
Laundry Features
Common Area
Exterior
Exterior Features
None
Lot Features
Back Lane, Back Yard, City Lot, Corner Lot, Front Yard, Level, Rectangular Lot
Parking Features
Double Garage Detached
Parking Total
4
Patio And Porch Features
None
Roof
Asphalt Shingle
Financial
Map
Contact Us
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901 38 Street SE
Calgary, AB
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