Seize this outstanding investment opportunity in the vibrant Glendale neighborhood! Nestled on a large corner lot, this charming bungalow presents a unique blend of comfort, convenience, and redevelopment potential. Zoned H-GO, the property offers substantial possibilities for building a high-demand rental complex. It’s ideally located within walking distance of local shops, restaurants, the library, a recreation centre, and other amenities, with excellent access to public transit.
The existing, well-maintained two-bedroom home features a thoughtfully designed layout. The main floor boasts a spacious primary suite, with a convenient 2-piece en-suite for added privacy. The open living room is perfect for entertaining, seamlessly connecting to the dining room and kitchen. The family room offers a versatile space, perfect for a variety of uses. A full 4-piece bathroom enhances the functionality of the space. The lower level expands the living area with a large rec room, offering endless possibilities for entertainment, relaxation, or hobbies. This floor also includes a third bedroom, a 3-piece bathroom, and a practical laundry area, making the home highly efficient.
The outdoor space is just as inviting, featuring a fenced-in yard with a deck, an oversized detached garage, and ample front parking, along with an extra parking spot beside the garage. Whether you’re looking to generate rental income now or hold the property for future redevelopment, this is a solid investment.
For those ready to develop, plans are available and the Development Permit has been submitted.
Data was last updated October 30, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
5,063
Avg list price:
$599,900
Min list price:
$164,900
Max list price:
$10,000,000
Avg days on market:
34
Min days on market:
1
Max days on market:
460
Avg price per sq.ft.:
$437.91
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
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.