Calgary, AB T3C1T5,1444 38 ST SW
Calgary, AB T3C1T5,1444 38 ST SW
Calgary, AB T3C1T5,1444 38 ST SW
Calgary, AB T3C1T5,1444 38 ST SW
Calgary, AB T3C1T5,1444 38 ST SW
Calgary, AB T3C1T5,1444 38 ST SW
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$1,120,000

$1,169,000

4.2%
Est.Price: ?

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Est. payment /mo

1,991 SqFt


SOLD DATE : 06/09/2023

Key Details

Sold Price $1,120,000

Property Type Multi-Family

Sub Type 4 plex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,991 sqft

Price per Sqft $562

Subdivision Rosscarrock

MLS® Listing ID A2050707

Sold Date 06/09/23

Originating Board Calgary

Year Built 1961

Annual Tax Amount $5,855

Tax Year 2022

Lot Size 6,060 Sqft

Acres 0.14

Property Description

This property offers great potential for rentals, featuring two main floor units with three bedrooms each, as well as two lower level units with three bedrooms each. This property is suitable for traditional monthly rentals or can be utilized as an Airbnb, providing flexibility. Numerous renovations have been undertaken over the years, including flooring, plumbing updates, and fresh paint. Each unit is equipped with its own in-suite laundry facilities. At the rear, there is an oversized double garage that has been divided into two spacious single units, which can be rented separately. Total Bedrooms - 13( in all units) Bathrooms - 3 (3 piece) 1 (4 piece). All Units have their own entrances.

The property will serves as an excellent investment while future development plans can be designed. It benefits from its proximity to multiple high-frequency bus routes, Westbrook Mall, and the Westbrook C-Train station. Additionally, its convenient location near 17th Ave and Bow Trail grants easy access to major shopping centers, restaurants, coffee shops. With city approval and permits, there is significant potential for future redevelopment, either as a corner fourplex or by utilizing the higher zoning density of M-C2 to construct even more units. Rosscarrock is undergoing a transformation into an attractive inner city community, with numerous newer buildings being developed in the vicinity.
This corner 4 plex at 1444 that was originally built as a 4 plex and features M-C2 zoning. The 1444 property is not warranted as a legal 4 plex, as the city does not have records for, nor does the seller have permits from original construction back in 1961

Location

Province AB

County Calgary

Area Cal Zone W

Zoning M-C2

Interior

Appliance Dishwasher, Refrigerator, Stove(s), Washer/Dryer

Exterior

Total Parking Spaces 2

Others

Restrictions None Known

Tax ID 76286343

Ownership Private

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