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Divjot Singh

realtordivjot@gmail.com +1(403) 371-5050

$674,900

Est. payment - /mo

5 Beds

2 Baths

958 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 958

Square Footage 958 sqft

Price per Sqft $704

Subdivision Forest Lawn

MLS® Listing ID A2324699

Style Bungalow

Bedrooms 5

Year Built 1961

Lot Size 6,092 Sqft

Acres 0.13986164

Property Sub-Type Freehold

Property Description

Attention builders, developers, and investors! Exceptional redevelopment opportunity in the heart of Forest Lawn. This R-CG zoned property is ideally located just two blocks from vibrant 17 Avenue SE (International Avenue), surrounded by ongoing redevelopment in one of Calgary's most active inner-city growth corridors. Minutes to downtown, transit, shopping, restaurants, schools, and major commuter routes.A rare opportunity offering immediate cash flow today and exceptional redevelopment potential for tomorrow. This income-producing property features 5 bedrooms, 2 bathrooms, and a legal secondary suite. The main floor offers 3 bedrooms and a beautifully renovated bathroom with subway tile, new tub, vanity, and tile flooring. The updated kitchen features stainless steel appliances and a subway tile backsplash. Many windows have been replaced throughout the home.The legal lower suite includes 2 spacious bedrooms, large windows, a renovated kitchen with full appliances and ample counter space, an updated bathroom, shared laundry, and additional storage.Major updates include renovated main floor bathroom, renovated lower suite and kitchen, updated windows, furnace, and a 2021 hot water tank. The property also offers a single detached garage with additional rear parking.The true value lies in the future potential. This R-CG property comes with a fully approved Development Permit (DP) for a triple detached garage with a suite above. Approved plans are included, allowing you to eliminate entitlement risk, significantly reduce your project timeline, and save thousands in consultant fees and soft costs. Build with confidence using this permit-ready opportunity while generating rental income from day one.Whether you're looking for a strong cash-flow investment or your next inner-city development project, this is a rare opportunity in a sought-after location with exceptional upside. (id:24570)

Location

Province AB

Rooms

Kitchen 2.0

Extra Room 1 Basement 14.42 Ft x 11.67 Ft Family room

Extra Room 2 Basement 10.00 Ft x 9.00 Ft Kitchen

Extra Room 3 Basement 5.00 Ft x 5.00 Ft Dining room

Extra Room 4 Basement 10.50 Ft x 13.83 Ft Bedroom

Extra Room 5 Basement 10.83 Ft x 9.67 Ft Bedroom

Extra Room 6 Basement 7.50 Ft x 5.00 Ft 4pc Bathroom

Interior

Heating Forced air,

Cooling None

Flooring Carpeted, Ceramic Tile, Laminate

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 1

Garage Yes

Private Pool No

Building

Lot Description Landscaped

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

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Listed by Real Estate Professionals Inc.

Nearby Locations

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Divjot Singh

+1(403) 371-5050

Agent

2024 43 Street SE Calgary, AB T2B1H4

Divjot Singh

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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