405 22 AVE NE Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2E 1T8
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,211 sqft
Price per Sqft $478
Subdivision Winston Heights/Mountview
MLS Listing ID A2170476
Style 2 Storey
Bedrooms 4
Full Baths 2
Originating Board Calgary
Year Built 1947
Annual Tax Amount $2,623
Tax Year 2024
Lot Size 4,996 Sqft
Acres 0.11
Property Description
Enhanced value alert! Price significantly reduced on this high potential property & project. This exceptional 40’X125’ property offers a unique investment opportunity for builders and investors alike. Full working drawings, development permit and all necessary consultations done for building permit approval are available so you can break ground immediately and start realizing returns quickly. The property is ideally located in an up-and-coming neighborhood close to downtown and major transit routes, making it highly desirable for future homeowners and renters. The 3-plex layout has been thoughtfully designed to appeal to modern buyers. Each unit can be sold individually and would be very appealing to first time buyers thanks to the property’s prime location and the increasing need for housing in the area. Alternatively, this development is also perfect for a long-term hold strategy. The location is set to see continued growth in value, making it an ideal rental income property. Extremely close proximity to public transportation, downtown amenities, shopping and schools, tenants will enjoy both convenience and urban living at its best. This is a low-risk, high-reward opportunity for a builder or investor to capitalize on either short—term sales or long-term rental potential. Seize this opportunity to develop a turnkey project in one of the city’s most promising area. With everything ready to go, this 3-plex investment could be part of your portfolio! Should you wish to wait a while to start your project, with a little love, the current home on the property could be rented. Currently vacant and easy to show.
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-C1
Direction N
Rooms
Basement Full,Unfinished
Interior
Interior Features Storage
Heating Forced Air,Natural Gas
Cooling None
Flooring Hardwood,Linoleum,Tile
Inclusions None
Appliance Dishwasher,Refrigerator,Washer/Dryer
Laundry Laundry Room
Exterior
Garage Double Garage Detached,On Street
Garage Spaces 2.0
Garage Description Double Garage Detached,On Street
Fence Fenced
Community Features Park,Playground,Schools Nearby,Shopping Nearby
Roof Type Asphalt Shingle
Porch Deck
Lot Frontage 39.96
Parking Type Double Garage Detached,On Street
Exposure N
Total Parking Spaces 2
Building
Lot Description Back Lane,Back Yard,Rectangular Lot
Foundation Poured Concrete
Architectural Style 2 Storey
Level or Stories One and One Half
Structure Type Composite Siding
Others
Restrictions None Known
Tax ID 95347647
Ownership Private