Astute investors and visionary developers, take note of this extraordinary offering that holds the potential for remarkable returns. Presenting an alluring prospect, this property can be seamlessly acquired in conjunction with the adjacent parcel (2023 35th Ave), culminating in an impressive, expansive lot frontage.
Situated within a locale characterized by a burgeoning landscape of higher-density properties, this endeavor envisions a transformative redevelopment. While the realization of this vision necessitates the esteemed endorsement of the City of Calgary, the positive prospects for approval are bolstered by the existing landscape of the neighborhood.
Gracing this half-duplex is an illicit suite in the basement, equipped with three generously sized bedrooms. Whether you're a discerning investor aiming to infuse sweat equity or a prudent first-time homeowner, this property beckons with opportunities to augment your financial portfolio and expedite mortgage repayment. The buoyant rental market in Calgary, marked by escalating rents and unwavering demand, augments the appeal of this investment.
Positioned a mere two blocks south of the chic and alluring Marda Loop shopping district, the location is imbued with unparalleled convenience and lifestyle enrichment. Here, a treasure trove of urban amenities awaits, ranging from trendsetting boutiques to delectable dining establishments, catering to the finest facets of cosmopolitan living. A short and seamless commute to downtown Calgary further enhances the allure of this address, rendering it an ideal blend of accessibility and tranquility.
Nature enthusiasts and pet owners alike will revel in the proximity to the majestic Elbow River and a multitude of off-leash dog parks, offering ample opportunities for outdoor leisure and recreational indulgence.
Do not miss the chance to seize this incredible opportunity. Arrange a viewing promptly to immerse yourself in the latent possibilities this property embodies. The future of prudent investment and visionary development awaits; act swiftly before this remarkable prospect slips through your fingers.
Data was last updated October 15, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$1,299,450
Min list price:
$689,500
Max list price:
$3,195,000
Avg days on market:
26
Min days on market:
1
Max days on market:
249
Avg price per sq.ft.:
$671.43
These statistics are generated based on the current listing's property type
and located in
Altadore. Average values are
derived using median calculations.
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.