3 Gateway Drive Sw, Calgary

$1,025,000

5 Beds
2 Baths
1,087 Sqft
.17 Acres
2 Garages

PRIME DEVELOPMENT OPPORTUNITY! Attention Builders & Developers! 60x120 CORNER LOT on 17th Avenue SW, in Glendale! This oversized lot with R-CG zoning has incredible build potential. It's located just steps from the 45th Street LRT Station with easy transit access, and is minutes to Downtown, shopping, restaurants, and major routes throughout the city. Surrounded by ongoing and recent multi-family redevelopment, this site is perfectly positioned for a new multi-family project in one of Calgary’s most connected and desirable inner-city communities. The lot has excellent frontage and access, making it ideal for medium-density residential development (subject to city approval). While the value is in the land, the existing home is spacious, well-kept and features a compliant Airbnb unit in the basement, offering strong potential as a holding property with immediate rental income. Don't miss out on this opportunity - this is a strategic location with outstanding potential for long-term growth and return.

Essential Information
MLS® #A2207932
Price$1,025,000
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage1,087
Acres0.17
Year Built1959
TypeResidential
Sub-TypeDetached
Style4 Level Split
StatusActive
Community Information
Address3 Gateway Drive Sw
SubdivisionGlendale.
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT3E 4J8
Amenities
Parking Spaces5
# of Garages2
Parking

Alley Access, Double Garage Detached, Garage Faces Front, Multiple Driveways, On Street

Interior
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFinished, Full
Interior Features

Kitchen Island, No Smoking Home, Open Floorplan, Quartz Counters, Separate Entrance, Storage, Vinyl Windows, Wood Windows

Appliances

Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Range Hood, Refrigerator, Washer, Window Coverings

Exterior
Exterior FeaturesPrivate Yard
RoofAsphalt Shingle
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, City Lot, Corner Lot, Front Yard, Lawn, Rectangular Lot

Construction

Stucco, Vinyl Siding, Wood Frame

Additional Information
ZoningR-CG
Listing Details
OfficeReal Broker
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