5706 2 Street Sw, Calgary

$1,249,990

8 Beds
4 Baths
2,072 Sqft
.14 Acres
0 Garages

| DC-1 with Permitted Use of MU-1 (MU-1f8h75) | Upper Units: 3 bedrooms, 1 bathroom each | Each unit has its laundry facilities | Walk-out Basement Suites | Backing onto Park | Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.

Essential Information
MLS® #A2162576
Price$1,249,990
Bedrooms8
Bathrooms4.00
Full Baths4
Square Footage2,072
Acres0.14
Year Built1968
TypeResidential
Sub-TypeDuplex
StyleBi-Level, Side by Side
StatusActive
Community Information
Address5706 2 Street Sw
SubdivisionManchester
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2H 1Y6
Amenities
Parking Spaces4
ParkingParking Pad
Interior
Interior FeaturesSee Remarks, Separate Entrance
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
Appliances

Electric Oven, Range Hood, Refrigerator, Washer/Dryer Stacked

Basement

Exterior Entry, Finished, Full, Suite, Walk-Out

Exterior
Exterior FeaturesBalcony
RoofFlat Torch Membrane
ConstructionStucco, Vinyl Siding
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Backs on to Park/Green Space, Gentle Sloping, Landscaped, Rectangular Lot

Additional Information
ZoningDC
Listing Details
OfficeCIR Realty
LISTING MAP

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