AB > Calgary > Winston Heights-Mountview
Calgary, AB T2E 1T8,405 22 AVE Northeast
$579,900
Est. payment /mo
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4 BD
2 BA
1,211 SqFt
Price Dropped by $50K

405 22 AVE Northeast Calgary, AB T2E 1T8

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Noor Shihab

Noor Shihab

+1(403) 800-9255

UPDATED:

11/04/2024 08:15 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,211 sqft

Price per Sqft $478

Subdivision Winston Heights/Mountview

MLS® Listing ID A2170476

Style 2 Storey

Bedrooms 4

Full Baths 2

Year Built 1947

Lot Size 4,996 Sqft

Acres 0.11

Property Description

Enhanced value alert! Price significantly reduced on this high potential property & project. This exceptional 40’X125’ property offers a unique investment opportunity for builders and investors alike. Full working drawings, development permit and all necessary consultations done for building permit approval are available so you can break ground immediately and start realizing returns quickly. The property is ideally located in an up-and-coming neighborhood close to downtown and major transit routes, making it highly desirable for future homeowners and renters. The 3-plex layout has been thoughtfully designed to appeal to modern buyers. Each unit can be sold individually and would be very appealing to first time buyers thanks to the property’s prime location and the increasing need for housing in the area. Alternatively, this development is also perfect for a long-term hold strategy. The location is set to see continued growth in value, making it an ideal rental income property. Extremely close proximity to public transportation, downtown amenities, shopping and schools, tenants will enjoy both convenience and urban living at its best. This is a low-risk, high-reward opportunity for a builder or investor to capitalize on either short—term sales or long-term rental potential. Seize this opportunity to develop a turnkey project in one of the city’s most promising area. With everything ready to go, this 3-plex investment could be part of your portfolio! Should you wish to wait a while to start your project, with a little love, the current home on the property could be rented. Currently vacant and easy to show.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-C1

Direction N

Rooms

Basement Full, Unfinished

Interior

Interior Features Storage

Heating Forced Air, Natural Gas

Cooling None

Flooring Hardwood, Linoleum, Tile

Inclusions None

Appliance Dishwasher, Refrigerator, Washer/Dryer

Laundry Laundry Room

Exterior

Exterior Feature Garden

Garage Double Garage Detached, On Street

Garage Spaces 2.0

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby

Roof Type Asphalt Shingle

Porch Deck

Lot Frontage 39.96

Exposure N

Total Parking Spaces 2

Building

Lot Description Back Lane, Back Yard, Rectangular Lot

Dwelling Type House

Foundation Poured Concrete

Architectural Style 2 Storey

Level or Stories One and One Half

Structure Type Composite Siding

Others

Restrictions None Known

Tax ID 95347647

Listed by Century 21 Bravo Realty

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Noor Shihab

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+1(403) 800-9255

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405 22 AVE Northeast