Property Details
4 Cheyenne Crescent NW
Calgary (A2354914)
Description
**Rare Investment and Redevelopment Opportunity in Charleswood**Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property.The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants.The approved Development Permit is for a **four-unit row home development with four legal basement suites**, offering excellent rental-income potential and possible eligibility for the **CMHC MLI Select Program**. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex.The approved Development Permit and building plans are included in the listing documents.This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood.**Please note:** The Development Permit is currently under appeal.
Property details
- MLS® #
- A2354914
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Charleswood
- Price
- $899,000
- Sale/Lease:
- For Sale
- Size:
- 1,071 sq.ft.
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1960 (66 years old)
- Structure Type:
- House
- Building Style:
- Bungalow
- Garage:
- Yes
- Parking:
- Single Garage Detached
- Fence:
- Fenced
- Basement:
- Full
- Features:
- Granite Counters
- Inclusions:
- none
- Appliances:
- Electric Range, Electric Stove, Refrigerator, Washer/Dryer
- Laundry:
- In Basement
- Exterior Features:
- Private Yard
- Patio/Porch Features:
- None
- Nearby Amenities:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks
- Lot Size:
- 0.14 acres
- Lot Features:
- Corner Lot
- Water:
- Public
- Sewer:
- Public Sewer
- Zoning:
- R-CG
- Roof:
- Asphalt Shingle
- Exterior:
- Asphalt,Concrete,Stucco
- Floors:
- Laminate
- Foundation:
- Poured Concrete
- Heating:
- Forced Air, Natural Gas
- Cooling:
- None
- Amenities:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks
- Possession:
- 30 Days / Neg
- Days on Market:
- 5
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Realty Aces
Justin Wiechnik
587-899-3773
justin@realtyaces.ca
Ryan Wood
403-828-4645
ryansells247@gmail.com
Damien Berg
403-575-5035
damien@realtyaces.ca
Kipp McGonigal
403-813-2697
kipp@gokipp.com
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Contact
Grassroots Realty Group – Airdrie, Calgary & Surrounding Area
Suite # 717, 203-304 Main Street South
Airdrie, AB T4B 3C3
Certifications & Affiliations
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.