1516 47 Street SE, Calgary   ||   $598,000

DETAILS

MLS® NUMBER A2197631
BUILDING TYPE Detached
PROPERTY CLASS Residential
TOTAL BEDROOMS 5
BATHROOMS 2
SQUARE FOOTAGE 904 Square Feet
YEAR BUILT 1959
BASEMENT None
GARAGE Yes
TOTAL PARKING 2
Attention investors and developers! This property is being sold together with 1510 47 St SE, creating a substantial 100\' x 120\' (12,000 sf) combined lot with immense development potential. There is potential to get up to 8 townhomes with 8 legal basement suites, for a total of 16 units. This redevelopment project could cater to Calgary\'s growing demand for housing. Currently featuring a ILLEGAL SUITED HOME, with tenants in place. The functional main floor offers a spacious living room, a bright kitchen, a full bathroom, and three generously sized bedrooms. The lower level features a fully developed illegal suite with its own separate entry, full kitchen, shared laundry, full bathroom, and two bedrooms. The exterior of the home is equally impressive, with an oversized detached double garage, an additional parking pad, and a beautifully landscaped private yard perfect for entertaining. Whether you\'re an experienced builder or developer seeking your next project or an investor looking to capitalize on cash flow and future development possibilities, this offering is truly exceptional. Owner is unaware of any permits for the basement development.
Listing Brokerage: Royal LePage METRO

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