Property Details

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Featured in:

Winners:

117 24 Avenue NE
Calgary (A2139082)

$949,000
5
3
1,160 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

CALLING ALL BUILDERS, DEVELOPERS & INVESTORS! Discover an exceptional investment opportunity with this prime property. A premium lot with zoning for 5 row townhomes and 5 legal basement suites. Transition from purchase to development is seamless with comprehensive Development Permit (DP) plans in place, an approved DTR1, and upcoming DP approval. Ideal for qualified investors aiming to maximize benefits under the CMHC MLI Select program, this project offers substantial incentives. Currently generating $2500 in rental income from a bungalow setup, seize the chance to develop in the vibrant community of Tuxedo Park. Don’t miss out on this unique opportunity to create a highly sought-after investment property!

Property details

Basic Info

MLS® #
A2139082
Property Type:
Residential
Subtype:
Detached
Subdivision:
Tuxedo Park
Price
$949,000
Sale/Lease:
For Sale
Size:
1,160 sq.ft.
Bedrooms:
5
Bathrooms:
3
Year Built:
1949 (75 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached, Parking Pad
Fence:
Partial
Basement:
Finished, Full
Features:
Separate Entrance
Fireplaces:
1
Inclusions:
N/A
Appliances:
Dishwasher, Electric Stove, Garage Control(s), Range Hood, Refrigerator, Window Coverings
Laundry:
In Basement
Exterior Features:
Fire Pit
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Golf, Park, Schools Nearby, Shopping Nearby

Lot / Land Info

Lot Size:
0.14 acres
Lot Features:
Back Lane, Level, Rectangular Lot
Zoning:
M-C1

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Stucco,Wood Frame
Floors:
Carpet, Hardwood, Tile
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Golf, Park, Schools Nearby, Shopping Nearby

Listing Info

Possession:
30 Days / Neg
Days on Market:
26
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Grassroots Realty Group Ltd.
1-833-477-6687

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