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!
Property Details
Price:
$1,800,000
MLS #:
A2165483
Status:
Active
Beds:
3
Baths:
4
Address:
107 40 Avenue NE
Type:
Single Family
Subtype:
Detached
Subdivision:
Highland Park
City:
Calgary
Listed Date:
Sep 13, 2024
Province:
AB
Finished Sq Ft:
1,231
Postal Code:
226
Lot Size:
6,824 sqft / 0.16 acres (approx)
Year Built:
1910
Schools
Interior
Appliances
See Remarks
Basement
Finished, Full
Bathrooms Full
3
Bathrooms Half
1
Laundry Features
Other
Exterior
Exterior Features
Lighting, Other
Lot Features
City Lot
Parking Features
Parking Pad
Parking Total
4
Patio And Porch Features
Other
Roof
Asphalt Shingle
Financial
Map
Contact Us
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