4220 Centre Street Ne Calgary, Alberta T2E 2Y9
$975,000
BUILDERS AND INVESTORS CORNER LOT - Located in the heart of Highland Park, this corner lot spans 5,801 square feet and presents an exceptional investment opportunity. Supported by the City of Calgary, Development Permit (DP) and rezoning applications are already underway, guided by an approved community master plan. With MU-1 zoning potential, this property allows for main-floor commercial use with up to six stories of residential above.Positioned on a busy road, the property ensures excellent visibility for commercial ventures. It also benefits from NE Calgary’s lower property taxes and CMHC financing availability, making it a strategic financial choice. Included in the deal are architectural drawings that have been reviewed and supported by the City of Calgary, with city comments regarding proposed development available upon request.With a $3.5 million valuation, this lot sits in a highly visible and vibrant stretch with multiple other development opportunities along the same street. Its location and approved potential make it a standout choice for developers and investors alike. Proximity to the proposed Green Line only adds to its long-term appeal, presenting a rare opportunity to be part of a growing and dynamic community. (id:57810)
Property Details
| MLS® Number | A2181615 |
| Property Type | Single Family |
| Neigbourhood | Franklin |
| Community Name | Highland Park |
| Amenities Near By | Park, Playground, Schools, Shopping |
| Features | See Remarks, Other, Back Lane |
| Parking Space Total | 2 |
| Plan | 6482gn |
| Structure | None |
Building
| Bathroom Total | 1 |
| Bedrooms Above Ground | 3 |
| Bedrooms Total | 3 |
| Appliances | See Remarks |
| Architectural Style | Bungalow |
| Basement Type | See Remarks |
| Constructed Date | 1953 |
| Construction Material | Wood Frame |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Stucco |
| Flooring Type | Laminate |
| Foundation Type | Poured Concrete |
| Heating Type | Forced Air |
| Stories Total | 1 |
| Size Interior | 1,054 Ft2 |
| Total Finished Area | 1054 Sqft |
| Type | House |
Parking
| Parking Pad | |
| Detached Garage | 1 |
Land
| Acreage | No |
| Fence Type | Not Fenced |
| Land Amenities | Park, Playground, Schools, Shopping |
| Size Depth | 35.36 M |
| Size Frontage | 15.24 M |
| Size Irregular | 5801.00 |
| Size Total | 5801 Sqft|4,051 - 7,250 Sqft |
| Size Total Text | 5801 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | R-cg |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Bedroom | 11.42 Ft x 8.17 Ft | ||
| Main Level | 4pc Bathroom | 9.83 Ft x 6.25 Ft | ||
| Main Level | Bedroom | 9.83 Ft x 8.67 Ft | ||
| Main Level | Dining Room | 10.08 Ft x 8.17 Ft | ||
| Main Level | Kitchen | 9.92 Ft x 11.33 Ft | ||
| Main Level | Living Room | 14.92 Ft x 14.42 Ft | ||
| Main Level | Primary Bedroom | 11.42 Ft x 8.83 Ft |
https://www.realtor.ca/real-estate/27705175/4220-centre-street-ne-calgary-highland-park
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December 03 2024 07:55:39
Calgary Real Estate Board
Charles
