| DC-1 with Permitted Use of MU-1 (MU-1f8h75) | Upper Units: 3 bedrooms, 1 bathroom each | Each unit has its laundry facilities | Walk-out Basement Suites | Backing onto Park | Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you’re seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.

Property Details

Price:
$1,249,990
MLS #:
A2162576
Status:
Active
Beds:
8
Baths:
4
Address:
5706 2 Street SW
Type:
Single Family
Subtype:
Full Duplex
Subdivision:
Manchester
City:
Calgary
Listed Date:
Sep 4, 2024
Province:
AB
Finished Sq Ft:
2,072
Postal Code:
216
Lot Size:
6,253 sqft / 0.14 acres (approx)
Year Built:
1968

Schools

Interior

Appliances
Electric Oven, Range Hood, Refrigerator, Washer/ Dryer Stacked
Basement
Separate/ Exterior Entry, Finished, Full, Suite, Walk- Out To Grade
Bathrooms Full
4
Laundry Features
In Unit

Exterior

Exterior Features
Balcony
Lot Features
Back Lane, Back Yard, Backs on to Park/ Green Space, Gentle Sloping, Landscaped, Rectangular Lot
Parking Features
Parking Pad
Parking Total
4
Patio And Porch Features
Balcony(s)
Roof
Flat Torch Membrane

Financial

Map

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