Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities.Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities.The property is a bungalow duplex configuration: both sides are tenant-occupied. One side is rented out as a full bungalow (up & down), the other side is rented out as upper and lower suites.The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years.An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals. (id:51989)
Features of 1607 25 Avenue Sw
- MLS® Number A2311367
- Price $1,185,000
- Bedrooms: 2
- Bathrooms: 1
- Square Footage: 1847 sqft
- Community Name: Bankview
- Features See Remarks
- Parking Space Total 4
- Plan 3909r
Buildings
| Bathroom Total | 1 | Bedrooms Above Ground | 2 |
| Bedrooms Total | 2 | Architectural Style | Bungalow |
| Basement Development | Finished | Basement Features | Separate Entrance, Suite |
| Basement Type | Full (finished) | Constructed Date | 1950 |
| Construction Material | Poured Concrete, Wood Frame | Construction Style Attachment | Attached |
| Cooling Type | None | Exterior Finish | Concrete |
| Flooring Type | Carpeted, Hardwood | Foundation Type | Poured Concrete |
| Heating Fuel | Natural Gas | Heating Type | Forced Air |
| Stories Total | 1 | Size Interior | 1847 Sqft |
| Total Finished Area | 1846.57 Sqft |
Parking
| Exposed Aggregate | |
| Other | |
| Parking Pad | |
| Attached Garage | 1 |
Land
| Acreage | No | Fence Type | Partially Fenced |
| Size Depth | 32.66 M | Size Frontage | 22.97 M |
| Size Irregular | 745.00 | Size Total | 745 M2|7,251 - 10,889 Sqft |
| Size Total Text | 745 M2|7,251 - 10,889 Sqft | Zoning Description | M-cg D72 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room/dining Room | 23.50 Ft x 13.50 Ft | ||
| Main Level | Other | 10.83 Ft x 7.50 Ft | ||
| Main Level | Primary Bedroom | 11.50 Ft x 11.00 Ft | ||
| Main Level | Bedroom | 11.00 Ft x 9.00 Ft | ||
| Main Level | 4pc Bathroom | Measurements not available |
Agents and Offices
- Jamie Newton
- Garth Anderson
- Office: RE/MAX First