2 Bedroom
1 Bathroom
1,847 sqft
Bungalow
None
Forced Air
$1,285,000
Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities.Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities.The property is currently improved with a bungalow duplex configuration: one side is tenant-occupied, and the other side includes an illegal basement suite and is presently vacant, offering immediate flexibility for investors or future planning.The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years.An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals. (id:57810)
Property Details
|
MLS® Number
|
A2290081 |
|
Property Type
|
Multi-family |
|
Community Name
|
Bankview |
|
Features
|
See Remarks |
|
Parking Space Total
|
4 |
|
Plan
|
3909r |
Building
|
Bathroom Total
|
1 |
|
Bedrooms Above Ground
|
2 |
|
Bedrooms Total
|
2 |
|
Appliances
|
None |
|
Architectural Style
|
Bungalow |
|
Basement Development
|
Finished |
|
Basement Features
|
Separate Entrance, Suite |
|
Basement Type
|
Full (finished) |
|
Constructed Date
|
1950 |
|
Construction Material
|
Poured Concrete, Wood Frame |
|
Construction Style Attachment
|
Attached |
|
Cooling Type
|
None |
|
Exterior Finish
|
Concrete |
|
Flooring Type
|
Hardwood |
|
Foundation Type
|
Poured Concrete |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
1 |
|
Size Interior
|
1,847 Sqft |
|
Total Finished Area
|
1846.57 Sqft |
Parking
|
Other
|
|
|
Parking Pad
|
|
|
Attached Garage
|
1 |
Land
|
Acreage
|
No |
|
Fence Type
|
Not Fenced |
|
Size Depth
|
32.66 M |
|
Size Frontage
|
22.97 M |
|
Size Irregular
|
745.00 |
|
Size Total
|
745 M2|7,251 - 10,889 Sqft |
|
Size Total Text
|
745 M2|7,251 - 10,889 Sqft |
|
Zoning Description
|
M-cg D72 |
Rooms
| Level |
Type |
Length |
Width |
Dimensions |
|
Main Level |
Living Room/dining Room |
|
|
23.50 Ft x 13.50 Ft |
|
Main Level |
Other |
|
|
10.83 Ft x 7.50 Ft |
|
Main Level |
Primary Bedroom |
|
|
11.50 Ft x 11.00 Ft |
|
Main Level |
Bedroom |
|
|
11.00 Ft x 9.00 Ft |
|
Main Level |
4pc Bathroom |
|
|
Measurements not available |
https://www.realtor.ca/real-estate/29426677/1607-25-avenue-sw-calgary-bankview