ATTENTION ALL DEVELOPERS & INVESTORS! AMAZING OPPORTUITY W/M-C1 LAND USE in the heart of South Calgary w/great access to transit, Stanley Park and all the shops and restaurants in trendy Marda Loop. 50×125 lot with M-C1 zoning has numerous possibilities for redevelopment. M-C1 allows for 3-4 storey apartment building or townhomes. Neighbouring home is also for sale (A2024780) providing a M-C1 lot size of 100 x 125 w/increased building potential for higher density. Looking for a revenue property? Raised bungalow w/original hardwood floors, 3 bedrooms/1 bath suite on the main floor. Basement is fully finished w/2 bedroom illegal suite down with separate entrance, large windows & shared laundry. Build now or hold for the future….never hard to find tenants in this location. Take advantage of a great piece of property with tons of potential.

Property Details

Price:
$799,900
MLS #:
A2022516
Status:
Active
Beds:
3
Baths:
1.00
Address:
1516 27 Avenue SW
Type:
Single Family
City:
Calgary
Listed Date:
Feb 13, 2023
Province:
AB
Square Ft (approx):
1,139
Postal Code:
602
Subdivision:
South Calgary
Lot Size:
6,243 sqft / 0.14 acres (approx)
Year Built:
1954

Schools

Interior

Appliances
Electric Stove, Refrigerator
Basement
Separate/ Exterior Entry, Finished, Suite, Walk- Out
Bathrooms Full
1
Laundry Features
In Basement

Exterior

Exterior Features
Private Entrance
Lot Features
Back Lane, Rectangular Lot, Sloped
Parking Features
Single Garage Detached
Parking Total
1
Patio And Porch Features
None
Roof
Asphalt Shingle

Financial

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1516 27 Avenue SW
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