$732,000
$700,000
4.6%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
1,178 SqFt
SOLD DATE : 07/15/2024
Key Details
Sold Price $732,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,178 sqft
Price per Sqft $621
Subdivision Lakeview
MLS® Listing ID A2147972
Sold Date 07/15/24
Style Bungalow
Bedrooms 3
Full Baths 1
Half Baths 1
Originating Board Calgary
Year Built 1961
Annual Tax Amount $4,475
Tax Year 2024
Lot Size 5,952 Sqft
Acres 0.14
Property Description
Attention Investors and Developers! Embrace an exceptional opportunity in the vibrant inner-city community of Lakeview. This 1961 bungalow occupies an ideal position on a spectacular, flat lot, perfectly poised for redevelopment following the City of Calgary’s recent approval of amended city-wide rezoning.
The property boasts dimensions of 18.14 meters wide by 30.48 meters deep, with current zoning designated as R-C1. The proposed zoning change to R-CG (effective August 6th, pending final confirmation by the City of Calgary - please verify directly with them) significantly enhances the potential for transformation into a stunning row-house development, contingent upon City Approval and Zoning guidelines.
Offered at $700,000, this rare find in a sought-after location creates an opportunity for future returns.
Some of the Location Highlights are as follows:
- Recreation: Enjoy proximity to North Glenmore Park, scenic pathways along the Glenmore Reservoir, and the Elbow River, all just a short walk or bike ride away.
- Shopping & Dining: Discover eclectic shops and cafes at Lakeview Plaza, mere steps from your doorstep.
- Parks & Playgrounds: Numerous nearby parks and playgrounds offer ample green space and recreational opportunities.
- Schools: Exceptional walkability to neighborhood schools located just down the street.
- Transit: Conveniently located a few houses away from the nearest bus stop.
- Accessibility: Quick access to major Calgary thoroughfares ensures easy commuting in any direction in less than a 5-minute drive.
The proposed zoning change underscores the redevelopment potential, making this an ideal project for visionary investors. Contact us today to seize this exciting opportunity and delve deeper into the future possibilities of this exceptional property in Lakeview!
Location
Province AB
County Calgary
Area Cal Zone W
Zoning R-C1
Direction SW
Rooms
Other Rooms 1
Basement Full, Partially Finished
Interior
Interior Features See Remarks
Heating Central, Natural Gas
Cooling None
Flooring Carpet
Appliance Electric Stove, Garage Control(s), Range Hood, Refrigerator, Washer/Dryer, Window Coverings
Laundry In Basement
Exterior
Garage Double Garage Detached
Garage Spaces 2.0
Garage Description Double Garage Detached
Fence Fenced
Community Features Park, Schools Nearby, Shopping Nearby
Roof Type Asphalt Shingle
Porch None
Lot Frontage 59.52
Parking Type Double Garage Detached
Total Parking Spaces 4
Building
Lot Description Back Lane, Back Yard, Front Yard, Interior Lot, Landscaped, Rectangular Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Stucco,Wood Frame
Others
Restrictions None Known
Tax ID 91557313
Ownership Private
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