Attention Investors and Developers!
Don't miss this rare opportunity to acquire a fantastic 50x125' R-C2 CORNER LOT in the Winston Heights community, currently zoned R-C2.
**Currently zoned R-C2 is "PROPOSED" to be changed to R-CG on August 6th 2024, as per CITY BLANKET RE-ZONING RULES (please confirm with the City of Calgary).
This lot holds immense potential for redevelopment, possibly into a 4 to 8 unit building with the appropriate City Approval and Zoning. The property features a spacious bungalow with a LEGAL basement suite, boasting separate laundry on both levels. It is nestled on a serene street with numerous new constructions, and offers proximity to a golf course, shopping centers, and transit.
Additional features include a large single detached garage, paved back alley, and mature trees enhancing the yard's charm. Plus, it's just a 30-minute walk to downtown and a 15-minute walk to the future Green Line Station.
With the neighborhood witnessing a surge in new developments, the potential for redevelopment or sustained rental income is highly promising. Don't miss out on this exceptional value!
Listed by Classic Property Management & Realty Ltd
Data was last updated July 5, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$994,000
Min list price:
$415,000
Max list price:
$2,599,000
Avg days on market:
39
Min days on market:
3
Max days on market:
164
Avg price per sq.ft.:
$529.21
These statistics are generated based on the current listing's property type
and located in
Winston Heights/Mountview. 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.