Calgary, AB T2E 2M6,107 40 AVE NE
Calgary, AB T2E 2M6,107 40 AVE NE
Calgary, AB T2E 2M6,107 40 AVE NE
Calgary, AB T2E 2M6,107 40 AVE NE
Calgary, AB T2E 2M6,107 40 AVE NE
Calgary, AB T2E 2M6,107 40 AVE NE
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$ 1,800,000
Est. payment | /mo

3 Beds

4 Baths

1,231 SqFt


Save
$ 1,800,000
Est. payment | /mo
Save

3 Beds

4 Baths

1,231 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,231 sqft

Price per Sqft $1,462

Subdivision Highland Park

MLS® Listing ID A2165483

Style Bungalow

Bedrooms 3

Full Baths 3

Half Baths 1

Originating Board Calgary

Year Built 1910

Annual Tax Amount $2,921

Tax Year 2024

Lot Size 6,824 Sqft

Acres 0.16

Property Description

PRIME DEVELOPMENTAL OPPORTUNITY! Approved and rezoned M-H1 property in the desirable & mature community of Highland Park. The current M-H1 zoning offers an unparalleled investment opportunity which allows for an 6-8 storey (26 m) multi-residential development with commercial on the main floor. Capitalize on its close proximity and views to downtown Calgary, easy access to the city's vibrant core and future green line LRT, and its immediate income-producing potential as its current residential state. Strategically-located near local landmarks, transportation hubs, parks/playgrounds, and connectivity to both residential and commercial amenities. CALLING ALL INVESTORS, DEVELOPERS, & BUILDERS!

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-H1

Direction N

Rooms

Other Rooms 1

Basement Finished, Full

Interior

Interior Features See Remarks

Heating Forced Air, Natural Gas

Cooling None

Flooring Other

Appliance See Remarks

Laundry Other

Exterior

Garage Parking Pad

Garage Spaces 1.0

Garage Description Parking Pad

Fence Partial

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch Other

Lot Frontage 120.02

Parking Type Parking Pad

Total Parking Spaces 4

Building

Lot Description City Lot

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Wood Frame

Others

Restrictions Call Lister

Ownership Private

Listed by RE/MAX Real Estate (Central)

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