Daryl Carlson - 403-259-4141

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Multi-family in Calgary

$1,249,990.00
5706 2 Street Southwest - MLS® #: A2162576
  • (162)
  • 156
  • 230
  • 8 Bedrooms
  • 4 Bathrooms
  • 2072.15 Sq Ft
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Daryl Carlson
403-259-4141

Property Type

Multi-family

Description

| 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. (id:6769

Property Details

Subarea
Manchester

Lot
581

Year Built
1968

Flooring
Carpeted,Hardwood,Linoleum

Parking Type
4

Rooms Dimension

RoomFloorDimension
BedroomBasement11.67 Ft x 8.58 Ft
BedroomBasement11.58 Ft x 8.50 Ft
4pc BathroomBasement8.42 Ft x 4.92 Ft
4pc BathroomBasement8.25 Ft x 5.33 Ft
Primary BedroomLower level12.83 Ft x 16.33 Ft
Primary BedroomLower level12.83 Ft x 16.25 Ft
BedroomMain level13.00 Ft x 10.00 Ft
BedroomMain level13.42 Ft x 8.92 Ft
BedroomMain level13.33 Ft x 8.92 Ft
BedroomMain level13.08 Ft x 10.00 Ft
4pc BathroomMain level8.42 Ft x 5.00 Ft
4pc BathroomMain level8.25 Ft x 5.00 Ft

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Listing data last updated date: 2024-09-17 06:13:35

Not intended to solicit properties currently listed for sale.The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. The trademarks MLS®, Multiple Listing Service and the associated logos are owned by CREA® and identify the quality of services provided by real estate professionals who are members of CREA®. REALTOR® contact information provided to facilitate inquiries from consumers interested in Real Estate services. Please do not contact the website owner with unsolicited commercial offers.

Listing Agent: Paul Singh Bal

Brokerage: CIR Realty