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  • Listing Provided By RE/MAX Len T.Wong&associates Real Estate
DESCRIPTION

Rare opportunity! Redevelopment or holding property. (87.5x130) 11, 375 sq ft Mc-2. Ideal for townhomes or multi family with re zoning potential. Great holding property as the 3 homes have been extensively renovated from kitchens to bathroom, paint, refinished hardwood floors, laundry facilities, newer windows and screening. Lots of parking in the back and front. 1518 has monthly revenues of $50k a year. 1520 and 1522 are used as AIR BnB with a basement suite rented out monthly and both homes are generating $150k a year in revenues. Prime location for tourists and tenants. A block off 17 Ave shopping and entertainment corridor. Easy downtown access with short walk to LRT and minutes to downtown. Property has great potential for redevelopment or holding property.

KEY DETAILS
  • Price:
  • $2,285,000
  • Bedrooms:
  • 0
  • Full Baths:
  • 0
  • Square Footage:
  • 11,375
  • Acreage:
  • n/a
  • Year Built:
  • 1912
  • Listing #:
  • C4182727
  • Street Address:
  • 1518, 1520, 1522 16 Ave SW
  • City:
  • Calgary-City Center
  • State:
  • AB
  • Postal Code:
  • T3C 0Z8
  • Area:
  • Sunalta
  • Listing Status:
  • For Sale -

Building

  • Total Building Square Footage:
  • 11375
  • Year Built:
  • 1912

Land

  • Conforms To Zoning:
  • Zone Cc
  • Lot Features:
  • Back Lane, Flat Site, Public Transportation, Shopping Nearby, Street Lighting

Listing

  • Days On Market:
  • 142

Source

CREB
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NOTES

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