8-unit multi-family development opportunity in the NW of Calgary with building plans in place. Project qualifies for CMHCs MLI Select program and development permit is in final stages of acceptance. Ideally located within walking distance to the new Superstore and commercial plaza, and minutes from Calgary Olympic Park and the impressive new Calgary Farmers Market. This larger city lot (50 x 122) presents an exceptional opportunity for developers and investors. The approved 4-unit, 4-suite multi-family project offers a total of 6,816 sq. ft of above-grade construction, featuring four spacious and thoughtfully designed 3-bedroom upper units (approximately 1,702 sq. ft. each, including 3 storey loft levels), along with four well-planned 1-bedroom lower units (approximately 505 sq. ft). The project also includes four garages. Development Permit approval is in final advertising stage and approval is expected within the next two weeks. The existing property is a 2-bedroom bungalow situated on a large, south-facing rear lot on a quiet street, offering interim rental income potential while preparing for redevelopment. (id:54406)
| Bathroom Total | 1 | Bedrooms Above Ground | 2 |
| Bedrooms Total | 2 | Appliances | Washer, Refrigerator, Stove, Dryer |
| Architectural Style | Bungalow | Basement Development | Unfinished |
| Basement Type | Partial (unfinished) | Constructed Date | 1951 |
| Construction Material | Poured Concrete, Wood Frame | Construction Style Attachment | Detached |
| Cooling Type | None | Exterior Finish | Concrete, Stucco |
| Flooring Type | Vinyl Plank | Foundation Type | Block |
| Heating Fuel | Natural Gas | Heating Type | Forced Air |
| Stories Total | 1 | Size Interior | 696 Sqft |
| Total Finished Area | 696 Sqft | Type | House |
| Other |
| Acreage | No | Fence Type | Partially Fenced |
| Land Amenities | Playground, Schools, Shopping | Size Depth | 37.18 M |
| Size Frontage | 15.24 M | Size Irregular | 566.00 |
| Size Total | 566 M2|4,051 - 7,250 Sqft | Size Total Text | 566 M2|4,051 - 7,250 Sqft |
| Zoning Description | R-cg |
| Level | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 15.00 Ft x 11.50 Ft |
| Main Level | Kitchen | 11.33 Ft x 9.83 Ft |
| Main Level | Laundry Room | 9.50 Ft x 6.08 Ft |
| Main Level | Primary Bedroom | 11.42 Ft x 9.50 Ft |
| Main Level | Bedroom | 11.50 Ft x 9.92 Ft |
| Main Level | 4pc Bathroom | 8.08 Ft x 5.00 Ft |
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