Attention investors, developers, and those seeking a stunning bungalow to call home! This exceptional property offers not only immediate comfort, aptly named your dream home, but also incredible future potential for redevelopment into a duplex, fourplex, or more, pending city approval. Boasting a spectacular 360-degree mountain view, this home sits on a spacious 4,326 sq ft lot, blending charm, function, and opportunity.Currently rented and generating a rental income of $5,300 per month, this property provides immediate financial returns while offering future potential.
As you enter, a welcoming front yard and deck greet you, with wide stairs leading to the front door. Step inside to a mudroom perfect for shoe racks and jackets. The home offers privacy with separate doors for the main level and the illegal basement. The main level is bright and airy, featuring an open-concept living area that seamlessly connects to a beautiful kitchen and dining area. The living space is enhanced by a cozy fireplace framed with built-in shelving and offers stunning mountain views from almost every angle. The master bedroom, an additional bedroom, and a well-appointed 4-piece bathroom complete the floor. A back door leads to a spacious lawn where you can relax and enjoy uninterrupted mountain vistas.
The developed illegal basement is a standout, boasting high ceilings, in-slab heated floors, and large windows that allow natural light to pour in. It includes a spacious family room with a built-in wet bar, two additional bedrooms, a second 4-piece bath, a full laundry room, and ample storage. The family room and bedrooms also feature mountain views, adding to the basement’s appeal.
Outside, a large deck with a built-in kitchen is perfect for entertaining while overlooking the expansive, fenced yard. Mature trees, a flower garden, and a fish pond create a peaceful outdoor sanctuary. Additionally, a small sunroom attached to the mudroom offers a cozy spot to enjoy summer days with your family or friends.
This property is situated on the valley floor, ensuring ample sunlight and breathtaking 360° views from every angle. For those considering future development, the property is zoned under the TPT-CR Teepee Town Comprehensive Redevelopment District. This provides an exceptional opportunity for redevelopment, with permitted uses including accessory buildings, accessory dwelling units (attached or detached), duplex dwellings, home occupations (Class 1), open spaces, public utilities, townhouses, and stacked townhouses. Discretionary uses include bed and breakfast operations, care facilities, common amenity housing, cultural establishments, daycare centers, home occupations (Class 2), and public buildings—all subject to city approval.
Great Location: Located within walking distance of downtown, this home is perfectly positioned near many of the area’s most desirable amenities, including a wide variety of restaurants, parks, hotels, cafés, recreational centre, a hospital, grocery stores.More details
**Incredible opportunity** Introducing the newly constructed unit in 4Plex along with a LEGAL SUITE on the Main floor. It comes with 3 bedrooms, 4 full bathrooms and two Balconies. It is zoned as a residential unit and offers a luxurious and modern interior package. The main level is comprised of a single attached garage with a legal suite (full kitchen, dining area, full bathroom, closet and all the appliances). Moving up to the first floor, you have a modern and large living room, kitchen and dining area. The kitchen includes quartz countertops, ample cabinets and a large island. There is a contemporary electric fireplace in the living room. There is also a 3pc bathroom on this floor. The first-floor balcony offers spectacular views of the mountains that surround this property. The Second floor consists of 3 bedrooms and laundry. The primary bedroom comes with a 3pc ensuite bathroom, closet and Balcony. The other 2 bedrooms are good size and also have closets. The property is minutes away from the Bow Valley Trail and is within walking distance from downtown and local parks.More details
**Incredible opportunity** Introducing the newly constructed house near all the amenities. It comes with 3 bedrooms, 3 full bathrooms and two Balconies. It is zoned as a residential unit and offers a luxurious and modern interior package. The main level is comprised of a single attached garage and driveway to park additional cars. Moving up to the first floor, you have a modern, large living room, kitchen, and dining area. The kitchen includes quartz countertops, ample cabinets and a large island. There is a contemporary electric fireplace in the living room. There is also a full bathroom on this floor. The first-floor balcony offers spectacular views of the mountains that surround this property. The Second floor consists of 3 bedrooms and laundry. The primary bedroom comes with ensuite bathroom, closet and Balcony. The other 2 bedrooms are good size and also have closets. The property is minutes from the Bow Valley Trail and within walking distance from downtown and local parks.More details
Data was last updated December 22, 2024 at 08:05 AM (UTC)
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.