Daryl Carlson - 403-259-4141

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Single Family in Calgary

$975,000.00
4220 Centre Street Northeast - MLS® #: A2181615
  • (118)
  • 117
  • 118
  • 3 Bedrooms
  • 1 Bathrooms
  • 1054 Sq Ft
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Daryl Carlson
403-259-4141

Property Type

Single Family

Description

BUILDERS AND INVESTORS CORNER LOT - Located in the heart of Highland Park, this corner lot spans 5,801 square feet and presents an exceptional investment opportunity. Supported by the City of Calgary, Development Permit (DP) and rezoning applications are already underway, guided by an approved community master plan. With MU-1 zoning potential, this property allows for main-floor commercial use with up to six stories of residential above.Positioned on a busy road, the property ensures excellent visibility for commercial ventures. It also benefits from NE Calgary’s lower property taxes and CMHC financing availability, making it a strategic financial choice. Included in the deal are architectural drawings that have been reviewed and supported by the City of Calgary, with city comments regarding proposed development available upon request.With a $3.5 million valuation, this lot sits in a highly visible and vibrant stretch with multiple other development opportunities along the same street. Its location and approved potential make it a standout choice for developers and investors alike. Proximity to the proposed Green Line only adds to its long-term appeal, presenting a rare opportunity to be part of a growing and dynamic community. (id:6769

Property Details

Subarea
Highland Park

Lot
5801

Year Built
1953

Flooring
Laminate

Parking Type
2

Rooms Dimension

RoomFloorDimension
BedroomMain level11.42 Ft x 8.17 Ft
4pc BathroomMain level9.83 Ft x 6.25 Ft
BedroomMain level9.83 Ft x 8.67 Ft
Dining roomMain level10.08 Ft x 8.17 Ft
KitchenMain level9.92 Ft x 11.33 Ft
Living roomMain level14.92 Ft x 14.42 Ft
Primary BedroomMain level11.42 Ft x 8.83 Ft

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Listing data last updated date: 2024-12-05 04:57:46

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Listing Agent: Shawn Lukacsy

Brokerage: Charles