Property Details

107 40 Avenue NE
Calgary (A2256063)

$999,900
4
3+1
1,220 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. There is potential to purchase the neighbouring property 4019 Centre A St NE that was also rezoned M-H1 - see rendering in photos which encapsulates both lots. Call for more information.

Property details

Basic Info

MLS® #
A2256063
Property Type:
Residential
Subtype:
Detached
Subdivision:
Highland Park
Price
$999,900
Sale/Lease:
For Sale
Size:
1,220 sq.ft.
Bedrooms:
4
Bathrooms:
3 full / 1 half
Year Built:
1910 (115 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached, Driveway, Off Street, Paved
Fence:
Partial
Basement:
Finished, Full, Suite, Walk-Out To Grade
Features:
Beamed Ceilings, Ceiling Fan(s), Chandelier, Laminate Counters, Storage, Vaulted Ceiling(s)
Fireplaces:
1
Inclusions:
N/A
Appliances:
None, See Remarks
Laundry:
In Basement
Exterior Features:
Balcony, Private Yard
Patio/Porch Features:
Balcony(s), Patio

Neighborhood Info

Nearby Amenities:
Golf, Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Lot / Land Info

Lot Size:
0.16 acres
Lot Features:
Back Lane, Back Yard, Backs on to Park/Green Space, Corner Lot, Rectangular Lot, Sloped, Treed
Zoning:
M-H1

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Stucco,Wood Frame,Wood Siding
Floors:
Carpet, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Golf, Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Listing Info

Possession:
Immediate
Your Agent
  • Daniel Cram

    Sutton Group Grande Prairie
    780-814-9482

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