Price Reduction
Listing Provided Courtesy Of:
MAXWELL CAPITAL REALTY
Address
1603 / 1605 37 Avenue SW Calgary, AB
Price
$ 739,900
Property Attributes
  • Listing#A1066571
  • TypeMulti-Family
  • CityCalgary
  • AreaCalgary - Zone CC
  • NeighbourhoodAltadore
  • Postal CodeT2T 2H2
  • StyleBungalow,Side by Side
  • Price$ 739,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1713
  • Lot Size5,511 SqFt
Listing Provided Courtesy Of:
MAXWELL CAPITAL REALTY
Data Source:
Pillar 9 MLS System
Property Description

Altadore River Park prime development opportunity with rare recently rezoned M-CG zoning allows for both multi-residential and row housing with more lot coverage than RC-G zoning. Located a couple blocks from River Park and walking distance to Downtown, this lot is ideally situated for a future development. This is a 43.11’ X 125.46' lot with potential of 5,511 Sq Ft of developable land with endless opportunity to build a multi-storey or row housing project. Close to all amenities including restaurants, big-box and grocery stores, and short trek to parks and schools. Existing full duplex is fully rented on a large corner lot. Each side is a 3 bedrooms duplex in livable condition. Two bedrooms located on the main floor, with a full 4-piece bathroom, kitchen with dining nook, and a large living room with hardwood floors. The basement offers another bedroom/den, laundry area, and plenty of storage space. There is a newer hot water tank and roof in the last few years, and one of the units has a newer furnace. Fully rented so you can have steady income until you are ready to build. This is a rare opportunity to buy a great investment property. Land is in high demand in well located areas of Altadore. Don't miss this rare opportunity! Please do not disturb tenants.

Price History
2/4/2021 Listed $759,900
3/11/2021 2% - $749,900
4/8/2021 2% - $739,900

General Features

Arch Style Bungalow, Side by Side
Community Features Park, Schools Nearby, Playground, Sidewalks, Street Lights, Tennis Court(s), Shopping Nearby
Construction Materials Stucco, Wood Frame
Cooling None
District CAL Zone CC
Heating Forced Air, Natural Gas
Property SubType Duplex
Property Type Multi-Family
Roof Asphalt Shingle
Structure Type Duplex
Subdivision Name Altadore
Zoning M-CG

Interior Features

Basement Full, Unfinished
Building Area Total Metres 0.00
Building Area Total Sf 0.00
Main Level Areas SquareFeet

Exterior Features

Building Area Total 0.00
Foundation Poured Concrete
Frontage Length 13.39M 43`11
Lot Description Back Lane, Back Yard, Corner Lot, Front Yard, Lawn, Near Shopping Center, Landscaped, Street Lighting, Near Public Transit, Rectangular Lot
Lot Size Acres 0.13
Parking Features Stall
Parking Total 4
Patio And Porch Features Front Porch

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in T2T 2H2

Price
AVG $740K
$740K
Visits
AVG 81
156
Year Built
AVG 1959
1959

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