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Home AB Greater Calgary Calgary Winston Heights-Mountview
405 22 Avenue NE
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405 22 Avenue NE $579,900
$579,900
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405 22 Avenue NE
Calgary, Alberta T2E1T8

MLS® Number: A2170476
4
Bedrooms
2
Bathrooms
1211
Square Feet

Listing Description

Enhanced value alert! Price significantly reduced on this high potential property & project. This exceptional 40’X125’ property offers a unique investment opportunity for builders and investors alike. Full working drawings, development permit and all necessary consultations done for building permit approval are available so you can break ground immediately and start realizing returns quickly. The property is ideally located in an up-and-coming neighborhood close to downtown and major transit routes, making it highly desirable for future homeowners and renters. The 3-plex layout has been thoughtfully designed to appeal to modern buyers. Each unit can be sold individually and would be very appealing to first time buyers thanks to the property’s prime location and the increasing need for housing in the area. Alternatively, this development is also perfect for a long-term hold strategy. The location is set to see continued growth in value, making it an ideal rental income property. Extremely close proximity to public transportation, downtown amenities, shopping and schools, tenants will enjoy both convenience and urban living at its best. This is a low-risk, high-reward opportunity for a builder or investor to capitalize on either short—term sales or long-term rental potential. Seize this opportunity to develop a turnkey project in one of the city’s most promising area. With everything ready to go, this 3-plex investment could be part of your portfolio! Should you wish to wait a while to start your project, with a little love, the current home on the property could be rented. Currently vacant and easy to show. (29673880)

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1
Square Footage
1211 sqft
Community Name
Winston Heights/Mountview
Subdivision Name
Winston Heights/Mountview
Title
Freehold
Land Size
4996.4 sqft|4,051 - 7,250 sqft
Built in
1947
Annual Property Taxes
$2,623.62
Parking Type
Detached Garage (2), Street
Time on REALTOR.ca
31 days

Building

Bedrooms
Above Grade
4
Bathrooms
Total
2
Partial
0
Interior Features
Appliances Included
Refrigerator, Dishwasher, Washer & Dryer
Flooring
Hardwood, Linoleum, Tile
Basement Type
Full (Unfinished)
Building Features
Features
Back lane
Foundation Type
Poured Concrete
Style
Detached
Structures
Deck
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Exterior Features
Exterior Finish
Composite Siding
Neighbourhood Features
Amenities Nearby
Park, Playground, Schools, Shopping
Parking
Parking Type
Detached Garage (2), Street
Total Parking Spaces
2

Measurements

Square Footage
1211 sqft
Total Finished Area
1211 sqft

Rooms

MetricImperial
Main level
Living room
Other
Bedroom
Other
Laundry room
4pc Bathroom
Bedroom
Basement
Furnace
Upper Level
Bedroom
3pc Bathroom
Primary Bedroom

Land

Lot Features
Fencing
Fence
Frontage
12.18 m
Land Depth
38.1 m
Other Property Information
Zoning Description
M-C1
Data provided by: Pillar 9™

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