Exceptional Investment & Redevelopment Opportunity! This prime 5,995 SF, 50' x 120' M-C1 lot is perfectly situated near central 16 Ave / Centre St, offering incredible potential for investors and developers alike. The well-maintained 1.5-storey, 1,761 SF home features 6 bedrooms and 3 full baths, fully rented and generating strong positive cash flow. Enjoy the convenience of a central location with multiple transit options just steps away, providing easy access to downtown and surrounding areas. The property also boasts ample rear parking, ideal for tenants. Great for first time investors or seasoned builders. Opportunities like this—combining immediate rental income with future development upside—are extremely rare in Calgary. Secure this prime property today before it's gone! (id:54406)
| Bathroom Total | 3 | Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 1 | Bedrooms Total | 7 |
| Appliances | See Remarks | Basement Features | Suite |
| Basement Type | Full | Constructed Date | 1912 |
| Construction Material | Wood Frame | Construction Style Attachment | Detached |
| Cooling Type | None | Flooring Type | Ceramic Tile |
| Foundation Type | Poured Concrete | Heating Fuel | Natural Gas |
| Heating Type | Forced Air | Stories Total | 2 |
| Size Interior | 1761 Sqft | Total Finished Area | 1761 Sqft |
| Type | House |
| Acreage | No | Fence Type | Partially Fenced |
| Land Amenities | Shopping | Size Depth | 36.57 M |
| Size Frontage | 15.24 M | Size Irregular | 557.00 |
| Size Total | 557 M2|4,051 - 7,250 Sqft | Size Total Text | 557 M2|4,051 - 7,250 Sqft |
| Zoning Description | M-c1 |
| Level | Type | Dimensions |
|---|---|---|
| Lower Level | Family Room | 4.34 M x 3.02 M |
| Lower Level | 3pc Bathroom | 2.52 M x 1.68 M |
| Lower Level | Bedroom | 3.81 M x 3.02 M |
| Lower Level | Kitchen | 3.25 M x 2.41 M |
| Main Level | 3pc Bathroom | 2.82 M x 2.26 M |
| Main Level | Bedroom | 4.72 M x 3.35 M |
| Main Level | Bedroom | 4.24 M x 3.86 M |
| Main Level | Bedroom | 3.68 M x 2.77 M |
| Main Level | Kitchen | 3.81 M x 3.07 M |
| Main Level | Den | 4.22 M x 1.83 M |
| Upper Level | 4pc Bathroom | 2.29 M x 1.80 M |
| Upper Level | Primary Bedroom | 5.03 M x 3.33 M |
| Upper Level | Bedroom | 3.96 M x 3.91 M |
| Upper Level | Bedroom | 3.05 M x 2.74 M |
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