New Listing
1614 3 Street Nw, Calgary
$898,000 - 4 Beds, 1 Baths, 1,148 Sf
MLS® # A2202862
Century 21 Bamber Realty LTD.
2204 24 Avenue Nw, Calgary
$824,000
5 Beds
2 Baths
1,256 Sqft
.14 Acres
1 Garages
Investor/Developer Alert! A rare opportunity in the highly sought-after community of Banff Trail! This property presents a prime investment for those looking to hold for redevelopment in a rapidly growing area. The 50x120 ft lot, zoned RC-2, offers unmatched potential for multi-family or custom development.
Situated just minutes from downtown Calgary, this location is a developer's dream with easy access to major amenities and key institutions. You’re steps from the University of Calgary, SAIT, North Hill Mall, McMahon Stadium, and renowned medical facilities including Foothills and Children’s Hospitals. The property also offers proximity to parks, the University District, and a range of recreational amenities.
Across from Branton Junior High School, and close to Ecole Banff Trail Elementary & William Aberhart High School, the site offers excellent access to public transportation, with both Banff Trail (9-min walk) and Lion's Park (20-min walk) C-train stations nearby. With access to both U of C and SAIT within minutes, this location is ideal for future tenants or buyers seeking easy transit.
This 1200 sq. ft. character bungalow is consistently rented, making it a solid income-producing property in the meantime, but its true value lies in the unlimited redevelopment potential offered by the lot size and location. The home includes three spacious bedrooms, a full bathroom, and a lower level with separate access, a second kitchen, bedroom, bathroom, and laundry. A single garage and rear laneway add further development possibilities.
With its exceptional location and unmatched redevelopment potential, this is a rare opportunity you don’t want to miss. Schedule your viewing today to explore the future possibilities of this incredible property!
Essential Information
MLS® #A2194894
Price$824,000
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,256
Acres0.14
Year Built1953
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address2204 24 Avenue Nw
SubdivisionBanff Trail
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2M 1Z7
Amenities
Parking Spaces1
ParkingSingle Garage Detached
# of Garages1
Interior
Interior FeaturesNo Smoking Home
HeatingForced Air
CoolingNone
Has BasementYes
BasementFull, Suite
Appliances
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer, Window Coverings
Exterior
Exterior FeaturesPrivate Yard
RoofAsphalt Shingle
ConstructionWood Frame
FoundationPoured Concrete
Lot Description
Back Lane, Back Yard, Rectangular Lot
Additional Information
ZoningR-CG
Listing Details
OfficeRE/MAX First
LISTING MAP
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