535 24 Ave Nw
Single Family in Calgary
Attention builders and investors, these lots are rare 50'x180' (frontage/depth) - approx. 9000 sqft M-C2 zoned inner city lot(s) 23 & 24. Tremendous land value. M-C2 & C-COR2 commercial zoning to the East and M-CG zoned 5 plex to the West. M-C2 zoning is one of the highest (multi-residential/medium density) with flexibility to develop 3 to 5 level condo building with City of Calgary approval. Drawings are conceptual/architectural drawings of what could be built or re-developed on this land an (11 unit) complex with underground parking - additional units are possible. Currently there is a FULLY RENOVATED bungalow with LEGALIZED basement suite (#533) and double garage - rented/occupied by 3 separate tenants. New roof (2018). Option to REDEVELOP NOW or HOLD this turn-key renovated rental property and redevelop down the road. Located in the COVETED inner city community of Mount Pleasant - close to Confederation Park & amenities of 4th Street & 16th Avenue NW. Quick commute to LRT/SAIT, UofC & Downtown. Two sets of newer appliances (fridge, stove, dishwasher, washer & dryers) included. Steps from Mount Pleasant Community Sportsplex (community swimming pool). St. Joseph's Elementary/Junior High School & park is located across the street.
About the Neighbourhood
Mount Pleasant is a very good neighbourhood to buy a home in for those who prefer a relaxed atmosphere. This part of the city is very quiet overall, as the streets are usually very tranquil. Finally, there are about 10 green spaces nearby for residents to relax in and they are especially well-spread out, making them very easy to access.Learn more >
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