Outstanding Redevelopment Opportunity – Prime Corner Lot with Approved 4-Plex Plans!This is a rare and exciting investment opportunity on a large 8,320 sq. ft. corner lot, already approved for a 4-unit residential build (BP approved). Zoned M-C1, the property offers endless redevelopment potential in one of Calgary’s most sought-after locations.The existing raised bungalow features two separate units, each with private entrances and oversized windows for an abundance of natural light. Options abound: live in one unit and rent the other, rent both for immediate income, or develop the site into a modern multi-family build.Located just a short walk to Westbrook Mall and the LRT station, this property offers unbeatable convenience with shopping, restaurants, schools, and amenities all nearby.Upper unit includes 2 bedrooms, 1 full bathroom, a spacious living room with original hardwood floors, a kitchen with ample cabinetry, and shared laundry access.The bright, illegal basement suite features large windows, 2 bedrooms, 1 full bath, a generous living area, and a spacious kitchen.Other highlights include a double attached garage and the incredible potential of this expansive corner lot.This is truly a money-making opportunity in a location with limitless future value. Properties like this don’t come along often—book your showing today! (id:47421)
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Detailed Information
Bedrooms
2+2
Bathrooms
2
Lot
59 x 0 m
Amenities Nearby
Shopping
Listing Contract Date
2025-05-23
Municipal ID
0032439010
Ownership Type
Freehold
# of Parking Spaces
4
Plan
1362S
Property Type
Single Family
Structures
None
Transaction Type
For sale
Zoning Description
M-C1
Building
Appliances
Dishwasher, Washer & Dryer
Architectural Style
Bungalow
Basement Development
Finished
Basement Type
Full (Finished)
Constructed Date
1958
Construction Style (Attachment)
Detached
Cooling Type
None
Exterior Finish
Stucco
Flooring Type
Hardwood
Foundation Type
Poured Concrete, Wood
Heating Fuel
Natural gas
Heating Type
Central heating
Stories Total
1
Total Finished Area
864 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Bedroom
Basement
10.00 M x 8.00 M
Bedroom
Basement
10.00 M x 9.00 M
4pc Bathroom
Basement
5.00 M x 8.00 M
Bedroom
Main level
11.00 M x 9.00 M
Primary Bedroom
Main level
12.00 M x 9.00 M
4pc Bathroom
Main level
5.00 M x 9.00 M
Parking Spaces
Name
Spaces
Attached Garage
1
Land
Total Size
8320 square feet
Amenities
Shopping
Fence Type
Fence
Size of Irregular Land
8320.00
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