Prime Development land- New city of Calgary By-Law indicates further relaxation for parking space requirement directly resulted more units could be built on the same lot. Possibility to be rezoned to M-H1 H20. MC-2 50’X120′ lot with legal secondary suite. in Mount Pleasant! MC-2 zoning allows for many medium density-multi-family projects. Adjacent to the areas where city of Calgary has an ambitious plan for redevelopment. Very possible to combine next door to make it to 100 ft, what is even more attractive is that, there is a higher chance to combine all five lots to make it a 250 ft wide great development site. Steps away from SAIT, short commute to downtown, University of Calgary, etc. The bonus here is a legal basement suite that conforms to all City requirements including a fire suppression system. Great holding property with land assembly possibilities. Very livable to generate great rental income.

Property Details

Price:
$769,000
MLS #:
A2026174
Status:
Active
Beds:
2
Baths:
2.00
Address:
515 17 Avenue NW
Type:
Single Family
City:
Calgary
Listed Date:
Feb 17, 2023
Province:
AB
Square Ft (approx):
1,013
Postal Code:
209
Subdivision:
Mount Pleasant
Lot Size:
5,995 sqft / 0.14 acres (approx)
Year Built:
1943

Schools

Interior

Appliances
Dryer, Electric Stove, Refrigerator, Washer
Basement
Finished, Full
Bathrooms Full
2
Laundry Features
In Basement

Exterior

Exterior Features
None
Lot Features
Back Lane, Rectangular Lot
Parking Features
Parking Pad
Parking Total
2
Patio And Porch Features
Deck
Roof
Asphalt Shingle

Financial

Map

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515 17 Avenue NW
Calgary, AB