107 40 AVE NE Active Save Request In-Person Tour Request Virtual Tour
Calgary,AB T2E 2M6
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,231 sqft
Price per Sqft $1,462
Subdivision Highland Park
MLS Listing ID A2165483
Style Bungalow
Bedrooms 3
Full Baths 3
Half Baths 1
Originating Board Calgary
Year Built 1910
Annual Tax Amount $2,921
Tax Year 2024
Lot Size 6,824 Sqft
Acres 0.16
Property Description
PRIME DEVELOPMENTAL OPPORTUNITY! Approved and rezoned M-H1 property in the desirable & mature community of Highland Park. The current M-H1 zoning offers an unparalleled investment opportunity which allows for an 6-8 storey (26 m) multi-residential development with commercial on the main floor. Capitalize on its close proximity and views to downtown Calgary, easy access to the city's vibrant core and future green line LRT, and its immediate income-producing potential as its current residential state. Strategically-located near local landmarks, transportation hubs, parks/playgrounds, and connectivity to both residential and commercial amenities. CALLING ALL INVESTORS, DEVELOPERS, & BUILDERS!
Location
Province AB
County Calgary
Area Cal Zone Cc
Zoning M-H1
Direction N
Rooms
Other Rooms 1
Basement Finished,Full
Interior
Interior Features See Remarks
Heating Forced Air,Natural Gas
Cooling None
Flooring Other
Appliance See Remarks
Laundry Other
Exterior
Garage Parking Pad
Garage Spaces 1.0
Garage Description Parking Pad
Fence Partial
Community Features Park,Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights
Roof Type Asphalt Shingle
Porch Other
Lot Frontage 120.02
Total Parking Spaces 4
Building
Lot Description City Lot
Foundation Poured Concrete
Architectural Style Bungalow
Level or Stories One
Structure Type Wood Frame
Others
Restrictions Call Lister
Ownership Private