Welcome to an extraordinary investment prospect tailor-made for builders and investors! Positioned on an expansive 50' x 120' lot with coveted MCG zoning, this captivating bungalow brings forth a wealth of opportunities - including the potential for constructing up to 4 townhouses on this prime property.Imagine the possibilities! The MCG zoning unlocks the potential to create a stunning development featuring 4 modern townhouses, each offering contemporary design, ample living space, and private amenities. The demand for well-designed townhomes in this sought-after location is ever-growing, making this venture a lucrative endeavor for astute developers.And there's more good news! In Calgary's hot rental market, the rental potential of these exquisite townhouses is truly exceptional. With a surge in rental demand, finding high-quality tenants for your new development should be a breeze. Enjoy a steady stream of rental income, and capitalize on the current market conditions that favor strong rental returns.As a bonus, the original plans showcased (in the supplements) are intended purely for demonstration purposes, providing an inspiring glimpse of the endless possibilities this lot holds. You have the creative freedom to design your dream project, tailored to suit the neighborhood's character while maximizing its value.Moreover, the strategic location just 200 meters away from the future Green Line LRT station further enhances the property's appeal, adding to its rental desirability. Your future tenants will appreciate easy access to transit and essential amenities, making it an even more attractive choice for potential renters.Seize this unique chance to be at the forefront of Calgary's urban growth and capitalize on the MCG zoning that allows for 4 townhouses. Explore the potential for a lucrative venture, all while providing residents with a premium living experience and convenient access to transit and essential amenities in this flourishing rental marke t. (id:42493)
| MLS® Number | A2067927 |
| Property Type | Single Family |
| Community Name | Highland Park |
| Features | Back Lane |
| Parking Space Total | 2 |
| Plan | 3674s |
| Structure | None |
| Bathroom Total | 2 |
| Bedrooms Above Ground | 2 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 3 |
| Appliances | Refrigerator, Range - Electric, Microwave, Washer/dryer Stack-up |
| Architectural Style | Bungalow |
| Basement Features | Suite |
| Basement Type | Full |
| Constructed Date | 1943 |
| Construction Style Attachment | Detached |
| Cooling Type | None |
| Exterior Finish | Stucco |
| Flooring Type | Laminate |
| Foundation Type | Poured Concrete |
| Heating Type | Central Heating |
| Stories Total | 1 |
| Size Interior | 781 Sqft |
| Total Finished Area | 781 Sqft |
| Type | House |
| Other |
| Acreage | No |
| Fence Type | Partially Fenced |
| Size Frontage | 15.24 M |
| Size Irregular | 557.00 |
| Size Total | 557 M2|4,051 - 7,250 Sqft |
| Size Total Text | 557 M2|4,051 - 7,250 Sqft |
| Zoning Description | M-cg D72 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom | 10.67 Ft x 8.75 Ft | ||
| Lower Level | Office | 10.50 Ft x 10.75 Ft | ||
| Lower Level | 3pc Bathroom | 7.17 Ft x 5.50 Ft | ||
| Main Level | Bedroom | 9.17 Ft x 10.75 Ft | ||
| Main Level | Bedroom | 11.25 Ft x 10.67 Ft | ||
| Main Level | 3pc Bathroom | 6.25 Ft x 4.92 Ft |
https://www.realtor.ca/real-estate/25864493/3827-centre-a-street-ne-calgary-highland-park
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