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Royal LePage
Royal LePage
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$919,000

2+2 Beds

2 Baths

864 FEETSQ

QuickQuoteTM: $778K - $929K

Calgary AB, T3C 0G3

MLS® # A2224122

Property Information:

Outstanding Redevelopment Opportunity – Prime Corner Lot with Approved 4-Plex Plans!This is a rare and exciting investment opportunity on a large 8,320 sq. ft. corner lot, already approved for a 4-unit residential build (BP approved). Zoned M-C1, the property offers endless redevelopment potential in one of Calgary’s most sought-after locations.The existing raised bungalow features two separate units, each with private entrances and oversized windows for an abundance of natural light. Options abound: live in one unit and rent the other, rent both for immediate income, or develop the site into a modern multi-family build.Located just a short walk to Westbrook Mall and the LRT station, this property offers unbeatable convenience with shopping, restaurants, schools, and amenities all nearby.Upper unit includes 2 bedrooms, 1 full bathroom, a spacious living room with original hardwood floors, a kitchen with ample cabinetry, and shared laundry access.The bright, illegal basement suite features large windows, 2 bedrooms, 1 full bath, a generous living area, and a spacious kitchen.Other highlights include a double attached garage and the incredible potential of this expansive corner lot.This is truly a money-making opportunity in a location with limitless future value. Properties like this don’t come along often—book your showing today!

Inclusions: Dishwasher, Dryer, Refrigerator, Stove(s), Washer

Building Features:

  • Total Finished Area: 864.00

Property Features:

  • Bedrooms: 2+2
  • Bathrooms: 2+0
  • Architectural Style: Bungalow
  • Built in: 1958
  • Construction Materials: Stucco
  • Cooling: None
  • Exterior Features: Private Yard
  • Floor Space (approx): 864.00 Square Feet
  • Flooring: Hardwood
  • Foundation Details: Poured Concrete, Wood
  • Heating: Central, Natural Gas
  • Interior Features: Jetted Tub
  • Levels: One
  • Lot Size: 8320.00 Square Feet
  • Parking Features: Single Garage Attached
  • Roof: Asphalt Shingle
  • Zoning: M-C1
  • No. of Parking Spaces: 4

Courtesy of: Homecare Realty Ltd.

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 4010 8 Avenue SW, Calgary, AB, T3C 0G3

Demographic Information of 4010 8 Avenue SW, Calgary, AB, T3C 0G3

Life Stage

Young Singles

Employment Type

Service Sector

Average Household Income

$123,008.88

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

14.1 %

High school certificate or equivalent

30.84 %

Apprenticeship trade certificate/diploma

5.67 %

College/non-university certificate

15.76 %

University certificate (below bachelor)

1.86 %

University Degree

31.78 %

Commuter

Travel To Work

By Car

71.23 %

By Public Transit

20.27 %

By Walking

4.46 %

By Bicycle

2.89 %

By Other Methods

1.15 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

44.02 %

Houses

55.98 %

Own Vs. Rent

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