1603/1605 37 Avenue Sw, Calgary

$759,900

6 Beds
2 Baths
1,709 Sqft
0 Acres

Altadore River Park prime development opportunity with rare recently rezoned M-CG zoning allows for both multi-residential and row housing with more lot coverage than RC-G zoning. Located a couple blocks from River Park and walking distance to Downtown, this lot is ideally situated for a future development. This is a 43.11’ X 125.46' lot with potential of 5,511 Sq Ft of developable land with endless opportunity to build a multi-storey or row housing project. Close to all amenities including restaurants, big-box and grocery stores, and short trek to parks and schools. Existing full duplex is fully rented on a large corner lot. Each side is a 3 bedrooms duplex in livable condition. Two bedrooms located on the main floor, with a full 4-piece bathroom, kitchen with dining nook, and a large living room with hardwood floors. The basement offers another bedroom/den, laundry area, and plenty of storage space. There is a newer hot water tank and roof in the last few years, and one of the units has a newer furnace. Fully rented so you can have steady income until you are ready to build. This is a rare opportunity to buy a great investment property. Land is in high demand in well located areas of Altadore. Don't miss this rare opportunity! Please do not disturb tenants.

Essential Information
MLS® #A1066676
Price$759,900
Bedrooms6
Bathrooms2.00
Full Baths2
Square Footage1,709
Acres0.00
Year Built1959
TypeResidential
Sub-TypeDuplex
StyleBungalow, Side by Side
StatusActive
Community Information
Address1603/1605 37 Avenue Sw
SubdivisionAltadore
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2T 2H2
Amenities
Parking Spaces6
ParkingStall
Interior
Interior FeaturesSee Remarks
HeatingForced Air, Natural Gas
Has BasementYes
BasementFull, Partially Finished
Appliances

Dryer, Electric Stove, Refrigerator, Washer

Exterior
Exterior FeaturesNone
RoofAsphalt Shingle
ConstructionStucco, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Corner Lot, Front Yard, Landscaped, Street Lighting, Rectangular Lot, See Remarks

Additional Information
Date ListedFebruary 4th, 2021
ZoningM-CG
Listing Details
OfficeMAXWELL CAPITAL REALTY

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