Calgary, AB T2H 1Y6,5706 2 ST SW
Calgary, AB T2H 1Y6,5706 2 ST SW
Calgary, AB T2H 1Y6,5706 2 ST SW
Calgary, AB T2H 1Y6,5706 2 ST SW
Calgary, AB T2H 1Y6,5706 2 ST SW
Calgary, AB T2H 1Y6,5706 2 ST SW
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$ 1,249,990
Est. payment | /mo

8 Beds

4 Baths

2,072 SqFt


$ 1,249,990
Est. payment | /mo

8 Beds

4 Baths

2,072 SqFt

Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,072 sqft

Price per Sqft $603

Subdivision Manchester

MLS® Listing ID A2162576

Style Bi-Level,Side by Side

Bedrooms 8

Full Baths 4

Originating Board Calgary

Year Built 1968

Annual Tax Amount $4,919

Tax Year 2024

Lot Size 6,253 Sqft

Acres 0.14

Property Description

| DC-1 with Permitted Use of MU-1 (MU-1f8h75) | Upper Units: 3 bedrooms, 1 bathroom each | Each unit has its laundry facilities | Walk-out Basement Suites | Backing onto Park | Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning DC

Direction W

Rooms

Basement Separate/Exterior Entry, Finished, Full, Suite, Walk-Out To Grade

Interior

Interior Features See Remarks, Separate Entrance

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Hardwood, Linoleum

Inclusions 4 Fridges, 4 Electric Ovens, 4 Washer/Dryers, 2 Hoodfans

Appliance Electric Oven, Range Hood, Refrigerator, Washer/Dryer Stacked

Laundry In Unit

Exterior

Garage Parking Pad

Garage Description Parking Pad

Fence Fenced

Community Features Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Flat Torch Membrane

Porch Balcony(s)

Lot Frontage 50.0

Parking Type Parking Pad

Total Parking Spaces 4

Building

Lot Description Back Lane, Back Yard, Backs on to Park/Green Space, Gentle Sloping, Landscaped, Rectangular Lot

Foundation Poured Concrete

Architectural Style Bi-Level, Side by Side

Level or Stories 5 Level Split

Structure Type Stucco,Vinyl Siding

Others

Restrictions None Known

Ownership Private

Listed by CIR Realty

GET MORE INFORMATION

Justin Newman

Agent | License ID: 00540392

+1(403) 668-1272

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REVIEWS

Justin Newman was wonderful to work with. He helped us through an emotional time as we had to sell our family home that my parents had lived in for over 50 years. His vast experience and knowledge was valuable throughout this process. He walked us through everything and answered all questions in a manner that was easy to understand. He always made himself available and we appreciated his insight. He told us what was needed to sell the home and, when we were ready, listed the home in a wide variety of online venues. The photos and drone views of the home and area were incredible and added to helping to sell our family home quickly. He held open houses in a very short period of time after listing it, and also helped us navigate the multiple offers we received. Our family home sold quickly. We have nothing but positive things to say about the honesty, trustworthiness, and integrity of Justin and would highly recommend him if you are looking to sell or buy a home. We would not hesitate to use his services again.

Dean Hunter