Property Details

Featured in:

Winners:

Featured in:

Winners:

1123 8 Street SE
Calgary (A2275575)

$750,000
1
1
950 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

FANTASTIC opportunity to acquire a well-located development site in Calgary’s evolving inner-city community of Ramsay. Located at 1123/1125 8 Street SE, this 33x148 site(both together - 66x148) features newly approved HGO (Housing – Grade-Oriented) zoning and a preliminary design for a 28-unit multi-family project as supported by the City (no approvals in place yet) Seller would prefer both sold together or may consider seperate sales. City planning meetings have been completed and are supportive, with development approval drawings able to be prepared quickly for submission. The nearly 10,000 sq. ft. parcel offers dual street access from 8 Street SE and Maggie Street to the west. Our proposed concept respects the neighborhood’s historic character while delivering modern, attainable inner-city housing. Ideally situated steps from Red’s Diner and within walking distance to Stampede Park, the BMO Centre, and the Culture and Entertainment District, including the future SAM Centre and Inglewood’s vibrant retail and nightlife. Ramsay continues to benefit from public and private reinvestment, making this an attractive long-term opportunity. With potential CMHC MLI Select eligibility, this project offers enhanced financing options while contributing to Calgary’s growing rental housing needs. Come have a look today and make us an offer!

Property details

Basic Info

MLS® #
A2275575
Property Type:
Residential
Subtype:
Detached
Subdivision:
Ramsay
Price
$750,000
Sale/Lease:
For Sale
Size:
950 sq.ft.
Bedrooms:
1
Bathrooms:
1
Year Built:
1908 (118 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
No
Parking:
Off Street
Fence:
Fenced
Basement:
No
Features:
See Remarks
Inclusions:
None
Appliances:
None
Laundry:
See Remarks
Exterior Features:
None
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Park, Playground, Schools Nearby, Sidewalks, Street Lights

Lot / Land Info

Lot Size:
0.11 acres
Lot Features:
Back Lane, Back Yard, City Lot
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt
Exterior:
Concrete
Floors:
Hardwood, Linoleum
Foundation:
Poured Concrete
Heating:
Other
Cooling:
None
Amenities:
Park, Playground, Schools Nearby, Sidewalks, Street Lights

Listing Info

Possession:
Negotiable
Days on Market:
1
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Grassroots Realty Group Ltd.
1-833-477-6687

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