Year Built: 1950
Area: 1847 sqft
Bedrooms: 2
Bathrooms: 1
Car Parking: 4
1607 25 Avenue Sw Calgary, Alberta T2T 0Z9 New
$1,285,000
Description
Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities.Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities.The property is currently improved with a bungalow duplex configuration: one side is tenant-occupied, and the other side includes an illegal basement suite and is presently vacant, offering immediate flexibility for investors or future planning.The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years.An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals. (id:51913)
Property Details
| Features : See Remarks |
| Parking Space Total : 4 |
| Plan : 3909r |
| MLS® Number : A2290081 |
| Property Type : Multi-family |
| Community Name : Bankview |
Building
| Bathroom Total : 1 |
| Bedrooms Above Ground : 2 |
| Bedrooms Total : 2 |
| Appliances : None |
| Architectural Style : Bungalow |
| Basement Development : Finished |
| Basement Features : Separate Entrance, Suite |
| Basement Type : Full (finished) |
| Constructed Date : 1950 |
| Construction Material : Poured Concrete, Wood Frame |
| Construction Style Attachment : Attached |
| Cooling Type : None |
| Exterior Finish : Concrete |
| Flooring Type : Hardwood |
| Foundation Type : Poured Concrete |
| Heating Fuel : Natural Gas |
| Heating Type : Forced Air |
| Stories Total : 1 |
| Size Interior : 1847 Sqft |
| Total Finished Area : 1846.57 Sqft |
Land
| Size Total : 745 M2|7,251 - 10,889 Sqft |
| Size Total Text : 745 M2|7,251 - 10,889 Sqft |
| Size Frontage : 22.97 M |
| Acreage : No |
| Fence Type : Not Fenced |
| Size Depth : 32.66 M |
| Size Irregular : 745.00 |
| Zoning Description : M-cg D72 |
Rooms
| Level | Type | Dimensions |
|---|---|---|
| Main Level | Living Room/dining Room | 23.50 Ft x 13.50 Ft |
| Main Level | Other | 10.83 Ft x 7.50 Ft |
| Main Level | Primary Bedroom | 11.50 Ft x 11.00 Ft |
| Main Level | Bedroom | 11.00 Ft x 9.00 Ft |
| Main Level | 4pc Bathroom | Measurements not available |
Map
Agents and Offices
- Jamie Newton
- Garth Anderson
- Office: RE/MAX First
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