107 40 Avenue Ne, Calgary

$1,800,000

3 Beds
4 Baths
1,231 Sqft
.16 Acres
1 Garages

PRIME DEVELOPMENTAL OPPORTUNITY! Approved and rezoned M-H1 property in the desirable & mature community of Highland Park. The current M-H1 zoning offers an unparalleled investment opportunity which allows for an 6-8 storey (26 m) multi-residential development with commercial on the main floor. Capitalize on its close proximity and views to downtown Calgary, easy access to the city's vibrant core and future green line LRT, and its immediate income-producing potential as its current residential state. Strategically-located near local landmarks, transportation hubs, parks/playgrounds, and connectivity to both residential and commercial amenities. CALLING ALL INVESTORS, DEVELOPERS, & BUILDERS!

Essential Information
MLS® #A2165483
Price$1,800,000
Bedrooms3
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,231
Acres0.16
Year Built1910
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address107 40 Avenue Ne
SubdivisionHighland Park
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2E 2M6
Amenities
Parking Spaces4
ParkingParking Pad
# of Garages1
Interior
Interior FeaturesSee Remarks
AppliancesSee Remarks
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFinished, Full
Exterior
Exterior FeaturesLighting, Other
Lot DescriptionCity Lot
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPoured Concrete
Additional Information
ZoningM-H1
Listing Details
OfficeRE/MAX Real Estate (Central)
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