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$1,949,900
Est. payment /mo
1,417 SqFt
Open House
Sat Jun 20, 1:00pm - 3:00pm
Sun Jun 21, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1417
Square Footage 1,417 sqft
Price per Sqft $1,376
Subdivision Richmond
MLS® Listing ID A2319415
Style Bungalow
Year Built 1956
Property Sub-Type Freehold
Property Description
2404, 2406, & 2408 Richmond Road SW. 145' of frontage on corner laneway lots in sought-after Richmond. A shining example of “AAA” class real estate with significant development and holding potential. Uniquely eligible for H-GO zoning, with almost 12,000 sq ft of site coverage. After the recent re-zoning changes in Calgary, this density ability is very rare allowing extra height, no unit cap, & stackable developments. 2408 is an upscale fully renovated up/down bungalow with legal basement suite. 3 bedrooms up & 3 bedrooms down. 2404/2406 is a traditional side by side duplex, both sides updated with developed basements. All buildings and mechanical systems have been meticulously maintained & owner occupied. Current earning trajectory is 126,000/yr (see supplements). A multi-faceted property offering many living arrangements and mortgage help. This site already has an approved Local Area Plan, combined with the corner laneway & rear lane access, making it a prime development case at a much higher density with more favorable zoning specifications. Assemblies like this do not come available often in the inner city! Just minutes to Marda Loop, 17th Ave, Downtown, & all amenities. A premier Calgary location close to schools, trendy shops, nightlife, & everything the inner city has to offer. (id:24570)
Location
Province AB
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N No
Attached Garage No
Total Parking Spaces 6
Garage No
Private Pool No
Building
Story 1
Architectural Style Bungalow
Others
Ownership Freehold
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Listed by RE/MAX Complete Realty