Description

NEW PRICE! ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare opportunity to acquire this M-C1 zoned parcel together with adjacent 1827 43 Street SE for a total package price of $1,098,000. Combined, the properties create an impressive 100' x 122' land assembly totaling over 12,000 sq.ft. in the heart of Forest Lawn. Located directly on 17 Ave SE (International Avenue) and roughly 150m from the 44 St SE MAX Purple BRT station, the assembly benefits from a transit-supportive 25% parking stall reduction for multi-residential development under Calgary's Land Use Bylaw. No relaxation application is required based on the site's proximity to transit, which can materially improve site efficiency and future development potential. Zoned M-C1, this assembly provides flexibility for builders and investors seeking multi-residential redevelopment potential in an established inner-city location. Combined frontage of approximately 100 feet is increasingly difficult to find along this corridor. 1831 contains an existing owner-occupied bungalow that may provide interim holding value while development plans are pursued. Adjacent 1827 43 Street SE is not habitable and is being marketed strictly for land value. Minutes from schools, shopping, restaurants, transit, downtown and major commuter routes. PROPERTY MUST BE PURCHASED TOGETHER WITH 1827 43 STREET SE. TOTAL ASSEMBLY PRICE: $1,098,000.

Features

Fire Pit

Listing Provided By

The Real Estate District

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