* Amounts are estimates only. Final payment amounts may vary.
Description
HUGE INVESTMENT POTENTIAL – BUILDERS, AND SAVVY INVESTORS, TAKE NOTE!! This rare 80’x125’ R-CG CORNER LOT in the heart of RICHMOND offers an incredible opportunity to build in one of Calgary’s most desirable inner-city communities. This legally suited bungalow can be a great long term hold rental property or house hack, making it a perfect income generating investment. With city approval, this large 8,880 sq/ft lot can also be developed into a dream property! Ideally located just minutes from MARDA LOOP, SANDY BEACH PARK, and a short drive to DOWNTOWN. This property is also close to Mount Royal University and Crowchild Trail, making the location perfect for any investment strategy. The upper level features two spacious bedrooms, warm hardwood flooring, a cozy fireplace, a bright 4pc bathroom, and both living and family room areas that create a welcoming and functional space. The kitchen is bright and functional with large corner windows and an eating area. The lower level is a legal, registered one bedroom suite, with a large living room area and a full bathroom. The basement NEWLY RENOVATED KITCHEN has vinyl plank flooring and lots of storage. The lower level also features shared laundry, lots of storage, and newer furnace installed in 2021. The roof was just re-done in 2021, the deck and patio were updated in 2023. Whether you're looking to build, or hold as a rental property, this is a rare and valuable investment opportunity in one of Calgary’s most walkable and centrally located gorgeous neighbourhoods. DON’T MISS OUT on this opportunity, reach out, come and take a look for yourself!
Property details
Basic Info
MLS® #
A2264521
Property Type:
Residential
Subtype:
Detached
Subdivision:
Richmond
Price
$895,000
Sale/Lease:
For Sale
Size:
1,201 sq.ft.
Bedrooms:
3
Bathrooms:
2
Year Built:
1952 (73 years old)
Building Info
Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Single Garage Attached
Fence:
Fenced
Basement:
Finished, Full, Separate/Exterior Entry
Features:
Built-in Features, Closet Organizers
Fireplaces:
1
Inclusions:
N/A
Appliances:
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Window Coverings
Laundry:
Laundry Room, Lower Level
Exterior Features:
Private Yard, Storage
Patio/Porch Features:
Deck
Neighborhood Info
Nearby Amenities:
Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
Lot / Land Info
Lot Size:
0.20 acres
Lot Features:
Back Lane, Back Yard, Corner Lot, Front Yard, Private