Courtesy of Jerry Thai of Maxwell Capital Realty

LIST PRICE

$739,900

1603 / 1605 37 Avenue SW

Altadore – Calgary, AB
Sold
Courtesy of Jerry Thai of Maxwell Capital Realty
  • 1713 sqft
  • 67 years old, built in 1959
  • Bungalow, Side by Side

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.

Features & amenities

  • Back Lane
  • Back Yard
  • Corner Lot
  • Front Yard
  • Landscaped
  • Lawn
  • Near Public Transit
  • Near Shopping Center
  • Rectangular Lot
  • Street Lighting
  • Heating Forced Air, Natural Gas

Additional details

  • Type Multi-Family
  • Subtype Duplex

Neighbourhood

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Listing is presented by
Jerry Thai
MAXWELL CAPITAL REALTY
403-606-8562 jerry@jerrythai.com
This property was recently sold,
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