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Descriptions:
Attention builders, developers, and investors! Exceptional redevelopment opportunity in the heart of Forest Lawn. This R-CG zoned property is ideally located just two blocks from vibrant 17 Avenue SE (International Avenue), surrounded by ongoing redevelopment in one of Calgary’s most active inner-city growth corridors. Minutes to downtown, transit, shopping, restaurants, schools, and major commuter routes.
A rare opportunity offering immediate cash flow today and exceptional redevelopment potential for tomorrow. This income-producing property features 5 bedrooms, 2 bathrooms, and a legal secondary suite. The main floor offers 3 bedrooms and a beautifully renovated bathroom with subway tile, new tub, vanity, and tile flooring. The updated kitchen features stainless steel appliances and a subway tile backsplash. Many windows have been replaced throughout the home.
The legal lower suite includes 2 spacious bedrooms, large windows, a renovated kitchen with full appliances and ample counter space, an updated bathroom, shared laundry, and additional storage.
Major updates include renovated main floor bathroom, renovated lower suite and kitchen, updated windows, furnace, and a 2021 hot water tank. The property also offers a single detached garage with additional rear parking.
The true value lies in the future potential. This R-CG property comes with a fully approved Development Permit (DP) for a triple detached garage with a suite above. Approved plans are included, allowing you to eliminate entitlement risk, significantly reduce your project timeline, and save thousands in consultant fees and soft costs. Build with confidence using this permit-ready opportunity while generating rental income from day one.
Whether you’re looking for a strong cash-flow investment or your next inner-city development project, this is a rare opportunity in a sought-after location with exceptional upside.
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| Status: |
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Active
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| Includes: |
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n/a |
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| Site Influences: |
| Back Lane, Few Trees, Front Yard, Landscaped, Level, Low Maintenance Landscape, Rectangular Lot, Street Lighting |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
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| Neighbourhood: |
Forest Lawn
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| Lot Size: |
0.14
sq.ft.
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| Lot Shape: |
Back Lane,Few Trees,Front Yard,Landscaped,Level,Low Maintenance Landscape,Rectangular Lot,Street Lighting |
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| Property Info: |
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| Property Type: |
Residential Detached Single Family |
| Home Style: |
Bungalow |
| Year Built: |
1961 |
| Total Floor Area: |
958 sq. ft. |
| Brokerage: |
Real Estate Professionals Inc. |
| Construction Type: |
Wood Frame
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| Front Exposure: |
W
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| Exterior: |
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| Exterior: |
Wood Frame |
| Construction: |
Wood Frame |
| Frontage: |
15.20M 49`10" |
| Front Exposure: |
W |
| 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: |
7 |
| 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: |
Carpet, Ceramic Tile, 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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