4124 16 Street Sw Calgary, Alberta T2T 4H6

3 Bedroom 2 Bathroom 970 ft2
Bungalow None Forced Air

$1,149,900

PRIME 50' x 125' R-CG LOT IN A DESIRABLE LOCATION! Here is a great opportunity for a full-size development lot in Altadore, one of Calgary's most desirable inner-city communities. Ideally located, this property is just a short 7-min drive from Mount Royal University and within a 5-min drive or 20-min walk of numerous shops, services, recreational facilities, and multiple schools. With zoning that allows for various development options, including a duplex, large single-family home, or townhomes with or without basement suites (subject to city approval), this location works well for either! The existing home is a '50s era bungalow and features a 2-bed, 1-bath main floor and in the basement a 1-bed, 1-bath illegal suite (windows may not meet current egress requirements) - fully liveable & easily rentable while you do up plans and get your permits for development, providing an opportunity for additional rental income. The property also boasts a sizeable East-facing backyard and a detached garage. Located steps from the off-leash dog park, Glenmore Athletic Park, Aquatic Centre, and scenic river pathways, outdoor enthusiasts will love the recreational opportunities. The vibrant Marda Loop Shopping District is just minutes away, offering a dynamic mix of cafes, restaurants, and local boutiques. Families will appreciate the proximity to top-rated schools like Rundle Academy, Altadore School, and Central Memorial High School, while the short commute to downtown Calgary and the prestigious Glencoe Club adds to the convenience and appeal. If you're seeking a redevelopment project in a prime location or looking for an investment property with great development potential, this listing offers an ideal solution. Act quickly—opportunities like this are few and far between. Reach out today for more information! (id:57810)

Property Details

MLS® Number A2203134
Property Type Single Family
Neigbourhood Altadore
Community Name Altadore
Amenities Near By Park, Playground, Schools, Shopping
Features See Remarks, Back Lane
Parking Space Total 2
Plan 1426af
Structure Deck

Building

Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 1
Bedrooms Total 3
Appliances Washer, Refrigerator, Stove, Dryer
Architectural Style Bungalow
Basement Development Finished
Basement Type Full (finished)
Constructed Date 1950
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Brick, Stucco
Flooring Type Carpeted, Linoleum
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 970 Ft2
Total Finished Area 970.22 Sqft
Type House

Parking

Detached Garage 2

Land

Acreage No
Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping
Size Depth 38.17 M
Size Frontage 15.22 M
Size Irregular 581.00
Size Total 581 M2|4,051 - 7,250 Sqft
Size Total Text 581 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

Rooms

Level Type Dimensions
Lower Level Bedroom 9.08 Ft x 9.08 Ft
Lower Level 3pc Bathroom Measurements not available
Main Level 4pc Bathroom Measurements not available
Main Level Primary Bedroom 9.67 Ft x 9.67 Ft
Main Level Bedroom 9.00 Ft x 9.00 Ft

https://www.realtor.ca/real-estate/28041503/4124-16-street-sw-calgary-altadore

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