1407 28 Street SW, Calgary   ||   $950,000

DETAILS

MLS® NUMBER A2331540
BUILDING TYPE Detached
PROPERTY CLASS Residential
TOTAL BEDROOMS 3
BATHROOMS 2
SQUARE FOOTAGE 1072 Square Feet
YEAR BUILT 1947
BASEMENT None
GARAGE No
TOTAL PARKING 1
Attention developers, builders and investors - this is a rare opportunity to secure an exceptional redevelopment site in Shaganappi, one of Calgary’s most established and strategically located inner-city communities. Situated on an approximately 47' x 150' M-C2 zoned lot, the property checks the boxes investors look for: scale, zoning, transit, holding income and a head start on redevelopment, with a Development Permit application already submitted for a proposed 10-unit multi-residential project. The existing residence and legal one-bedroom basement suite provide holding income while the redevelopment process moves forward. The location is equally compelling - just one block from the LRT, minutes from downtown, and close to Westbrook Mall, parks, schools, recreation and everyday amenities. With the zoning, income and redevelopment work already in motion, the groundwork has been laid - the next owner gets to capitalize on the opportunity.
Listing Brokerage: Royal LePage METRO

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