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Descriptions:
**Rare Investment and Redevelopment Opportunity in Charleswood**
Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property.
The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants.
The approved Development Permit is for a **four-unit row home development with four legal basement suites**, offering excellent rental-income potential and possible eligibility for the **CMHC MLI Select Program**. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex.
The approved Development Permit and building plans are included in the listing documents.
This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood.
**Please note:** The Development Permit is currently under appeal.
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| Status: |
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Active
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| Includes: |
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none |
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| Site Influences: |
| Corner Lot |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
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| Neighbourhood: |
Charleswood
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| Lot Size: |
0.14
sq.ft.
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| Lot Shape: |
Corner Lot |
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| Property Info: |
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| Property Type: |
Residential Detached Single Family |
| Home Style: |
Bungalow |
| Year Built: |
1960 |
| Total Floor Area: |
1,071 sq. ft. |
| Brokerage: |
SkaiRise Realty |
| Construction Type: |
Asphalt,Concrete,Stucco
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| Front Exposure: |
NW
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| Exterior: |
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| Exterior: |
Asphalt, Concrete, Stucco |
| Construction: |
Asphalt,Concrete,Stucco |
| Frontage: |
25.98M 85`3" |
| Front Exposure: |
NW |
| Roof: |
Asphalt Shingle |
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| Rooms: |
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| Total Bedrooms: |
5
(Bedrooms Above: 3)
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| Bathrooms: |
Full: 2
/ Half: 0
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| Rooms Above: |
6 |
| Ensuite: |
No
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| Parking Plan Type: |
Single Garage Detached
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| Garage: |
1
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| Additional Info: |
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| Heating: |
Forced Air, Natural Gas |
| Basement: |
Full |
| Basement Type: |
Full |
| Floor Finish: |
Laminate |
| Fireplace Details: |
For Sale |
| Parking: |
Single Garage Detached |
| Total Parking: |
1
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| Restrictions: |
Contact for Restrictions |
| Heating Type: |
Forced Air,Natural Gas
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| Heating Fuel: |
Forced Air,Natural Gas
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| Restrictions: |
None Known
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Contact Cathy Gallagher -
100, 5810 - 2nd Street S.W., Calgary, Alberta, T2H 0H2
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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