Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. There is potential to purchase the neighbouring property 4019 Centre A St NE that was also rezoned M-H1 - see rendering in photos which encapsulates both lots. Call for more information.
Address
107 40 Avenue NE
List Price
$999,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Highland Park
Bedrooms
4
Bathrooms
4
Floor Area
1,220 Sq. Ft.
Lot Size
6824 Sq. Ft.
Year Built
1910
MLS® Number
A2256063
Listing Brokerage
Royal LePage Benchmark
Basement Area
Finished, Full, Suite, Walk-Out To Grade
Postal Code
T2E2M6
Zoning
M-H1
Site Influences
Treed, Sloped, Rectangular Lot, Back Yard, Playground, Other, Sidewalks, Street Lights, Golf, Park, Backs on to Park/Green Space, Corner Lot, Back Lane, Schools Nearby, Shopping Nearby
