*Visit Multimedia Link for full details* ATTENTION BUILDERS, DEVELOPERS & INVESTORS! FULL SIZE 50' x 120' R-C2 LOT IN ALTADORE! Here is a great opportunity for a full-size development lot in Altadore, one of Calgary's most desirable inner-city communities. Pending municipal changes to the land use bylaw this lot will become R-CG which would allow for a multitude of development options including the potential for 4 townhomes with basement suites for a total of 8 units. (Requires approved development permit and city approval) Amazing rental potential when you consider this development site is walking distance to Mount Royal University! Facing directly onto green space, this property is just a short 16 min walk from Mount Royal University and within a 5 min drive or 25 min walk of numerous shops, services, recreational facilities and multiple schools. One of the few remaining lots on this block with green space right out front, this property would also offer some great MOUNTAIN VIEWS from a second or third storey. The existing home is a 50's era bungalow with illegal basement suite - easily rentable while you do up plans and get your permits for development. The upper 2-bed unit offers hardwood floors, large living and dining rooms, full kitchen with breakfast nook, and 4-pc bath. The lower level contains an illegal 2-bedroom suite (windows may not meet current egress requirements), providing an opportunity for additional rental income. A large storage room and shared laundry complete the lower level. The property also has a sizeable backyard, detached garage, and carport. Altadore is renowned as one of Calgary's most desirable inner city communities, chock full of amenities, parks and schools. Commuting downtown or throughout the city is a breeze thanks to quick access to Crowchild Trail and Glenmore Trail. If you're seeking a redevelopment project in a prime location or looking for an investment property with great development potential, this listing offers an ideal solution.
