Calgary, AB T2T 1M7,1712 29 AVE SW
Calgary, AB T2T 1M7,1712 29 AVE SW
Calgary, AB T2T 1M7,1712 29 AVE SW
Calgary, AB T2T 1M7,1712 29 AVE SW
Calgary, AB T2T 1M7,1712 29 AVE SW
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$890,000

$924,900

3.8%
Est.Price: ?

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Est. payment /mo

6,232 Sqft Lot


SOLD DATE : 12/11/2023

Key Details

Sold Price $890,000

Property Type Vacant Land

Sub Type Residential Land

Listing Status Sold

Purchase Type For Sale

Subdivision South Calgary

MLS® Listing ID A2097279

Sold Date 12/11/23

Originating Board Calgary

Annual Tax Amount $4,905

Tax Year 2023

Lot Size 6,232 Sqft

Acres 0.14

Lot Dimensions 50X125

Property Description

**ATTENTION ALL BUILDERS & INVESTORS** Seize the opportunity to elevate the South Calgary skyline with this prime M-C1 development parcel. Spanning an impressive 50x125 ft lot, this rare gem offers a canvas for creating a distinguished residential development for 4 units + 4 basement suites. Situated in an area of prestige, the property not only enjoys sweeping mountain vistas but also boasts unobstructed views of the city, providing a canvas for a truly exceptional living experience.

Key Features:

Generous Dimensions: The expansive 50x125 ft lot size provides developers with a generous foundation to craft four distinct units, ensuring each residence enjoys ample space for modern living.

Zoned M-C1: With M-C1 zoning, this property is a developer's dream. This zoning allows for the construction of multiple dwellings, offering flexibility in design and functionality, making it an ideal canvas for a sophisticated residential development.

Breathtaking Views: Elevated above the city, residents of this exclusive development will savor unparalleled views of the majestic Rocky Mountains to the west and the dynamic cityscape to the east. The unique blend of natural beauty and urban sophistication sets this opportunity apart.

Basement Suites: Enhance the appeal of each unit with the inclusion of basement suites, providing additional living space or a lucrative rental income opportunity. This feature not only adds value but also caters to the diverse needs of modern homeowners.

Urban Accessibility: Enjoy the convenience of urban living with easy access to major transportation routes, upscale amenities, and proximity to the vibrant cultural scene of South Calgary.

Development Potential:

Architectural Freedom: Capitalize on the flexibility of M-C1 zoning to design four distinct residences, each tailored to maximize space, light, and the captivating views that surround the property.

Rental Income Potential: The inclusion of basement suites not only enhances the living experience but also provides a valuable income stream, making this development a sound investment opportunity.

This is a rare chance to shape the future of South Calgary's residential landscape. With its prime location, expansive lot size, and M-C1 zoning, this development opportunity holds immense potential for creating a signature address in one of Calgary's most esteemed neighborhoods. Act now to secure your place in the evolution of South Calgary's skyline.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-C1

Exterior

Fence None

Lot Frontage 50.0

Others

Restrictions Non-Smoking Building

Ownership Private

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Mark & Natalie Neustaedter

Mark & Natalie Neustaedter

+1(403) 585-6908

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