Calgary, AB T2A 1N5,1722 45 ST
Calgary, AB T2A 1N5,1722 45 ST
Calgary, AB T2A 1N5,1722 45 ST
Calgary, AB T2A 1N5,1722 45 ST
Calgary, AB T2A 1N5,1722 45 ST
Calgary, AB T2A 1N5,1722 45 ST
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$599,900

$599,900

Est.Price: ?

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Est. payment /mo

5 Beds

2 Baths

981 SqFt


SOLD DATE : 06/11/2024

Key Details

Sold Price $599,900

Property Type Single Family Home

Sub Type Detached

Listing Status Sold

Purchase Type For Sale

Square Footage 981 sqft

Price per Sqft $611

Subdivision Forest Lawn

MLS® Listing ID A2135228

Sold Date 06/11/24

Style Bungalow

Bedrooms 5

Full Baths 2

Originating Board Calgary

Year Built 1959

Annual Tax Amount $2,280

Tax Year 2023

Lot Size 5,866 Sqft

Acres 0.13

Property Description

**Mixed Use Property: A Prime Investment Opportunity for Investors and Builders**

Attention all investors and builders! This exceptional mixed-use property presents a rare opportunity to own a renovated home on a highly sought-after mixed-use zoned lot MU-1 f4.5h20
The Land Use Class MU-1f4.5h20 district allows for both commercial and residential uses in street-oriented buildings. This flexibility makes it an ideal redevelopment lot for a wide range of businesses.

**Commercial Potential**

The street-level commercial space offers endless possibilities for business ventures. Consider establishing a thriving child daycare, a stylish salon, a convenient convenience store, or even a lucrative liquor or cannabis store(subject to city of calgary approval). The high visibility and foot traffic provide an excellent platform for business growth.## Developer's Dream: Prime Location zoned MU-1 f4.5h20 that offers unlimited potential.
**Imagine this:** A beautifully renovated income-generating home nestled in a prime location, ready to deliver consistent revenue from day one. This isn't just a dream, it's a reality waiting for you!

This stunning property offers the perfect blend of modern comfort and lucrative investment potential. With **3 bedrooms upstairs** and a **separate 2-bedroom illegal basement suite**, you have the potential to generate a **monthly rental income of $4000+**.
* **Modern Upgrades:** The home has been meticulously renovated with modern touches like **newer kitchens featuring quartz countertops** and **luxury vinyl plank flooring throughout**. This ensures a high-quality living experience for tenants, attracting discerning renters and maximizing rental rates.
* **Income-Generating illegal Suite:** The separate illegal basement suite offers additional rental income, maximizing the property's earning potential. This is a fantastic way to diversify your income stream and increase your ROI.
* **Double Garage:** Provides ample parking and storage space, a valuable amenity for potential tenants.
* **Turnkey Investment:** This property is ready for new owners. It's already generating significant rental income, minimizing the need for extensive renovations or marketing.

**This is more than just a house, it's a turnkey investment opportunity.** Imagine the potential for consistent cash flow and long-term appreciation. This property is perfect for savvy investors, landlords, and developers seeking a lucrative and low-maintenance investment.

Location

Province AB

County Calgary

Area Cal Zone E

Zoning MU-1 f4.5h20

Direction E

Rooms

Basement Full, Suite

Interior

Interior Features Quartz Counters

Heating Forced Air

Cooling None

Flooring Vinyl Plank

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Dishwasher, Electric Stove, Refrigerator, Washer/Dryer

Laundry In Basement

Exterior

Garage Double Garage Detached

Garage Spaces 2.0

Garage Description Double Garage Detached

Fence Fenced

Community Features None

Roof Type Asphalt Shingle

Porch None

Lot Frontage 48.99

Parking Type Double Garage Detached

Total Parking Spaces 4

Building

Lot Description Back Lane, Dog Run Fenced In

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type None

Others

Restrictions None Known

Tax ID 82850142

Ownership REALTOR®/Seller; Realtor Has Interest

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Mark & Natalie Neustaedter

Mark & Natalie Neustaedter

+1(403) 585-6908

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Century 21 Bravo Realty
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