107 40 Avenue NE
Calgary T2E 2M6
MLS® Number: A2165483
$ 1,800,000
3
BEDROOMS
3 + 1
BATHROOMS
1,231
SQUARE FEET
1910
YEAR BUILT
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!
| COMMUNITY | Highland Park |
| PROPERTY TYPE | Detached |
| BUILDING TYPE | House |
| STYLE | Bungalow |
| YEAR BUILT | 1910 |
| SQUARE FOOTAGE | 1,231 |
| BEDROOMS | 3 |
| BATHROOMS | 4.00 |
| BASEMENT | Finished, Full |
| AMENITIES | |
| APPLIANCES | See Remarks |
| COOLING | None |
| FIREPLACE | N/A |
| FLOORING | Other |
| HEATING | Forced Air, Natural Gas |
| LAUNDRY | Other |
| LOT FEATURES | City Lot |
| PARKING | Parking Pad |
| RESTRICTIONS | Call Lister |
| ROOF | Asphalt Shingle |
| TITLE | Fee Simple |
| BROKER | RE/MAX Real Estate (Central) |
| ROOMS | DIMENSIONS (m) | LEVEL |
|---|---|---|
| Kitchen | 12`5" x 11`3" | Lower |
| Bedroom | 12`0" x 9`1" | Lower |
| Game Room | 13`3" x 12`10" | Lower |
| Laundry | 13`2" x 9`4" | Lower |
| Furnace/Utility Room | 10`10" x 9`3" | Lower |
| 4pc Bathroom | 0`0" x 0`0" | Lower |
| 3pc Bathroom | 0`0" x 0`0" | Lower |
| Kitchen | 17`5" x 13`6" | Main |
| Living Room | 25`6" x 16`3" | Main |
| Bedroom - Primary | 18`8" x 13`2" | Main |
| Bedroom | 11`2" x 10`0" | Main |
| 4pc Bathroom | 0`0" x 0`0" | Main |
| 2pc Ensuite bath | 0`0" x 0`0" | Main |
