8-unit multi-family development opportunity in the NW of Calgary with building plans in place. Project qualifies for CMHCs MLI Select program and development permit is in final stages of acceptance. Ideally located within walking distance to the new Superstore and commercial plaza, and minutes from Calgary Olympic Park and the impressive new Calgary Farmers Market. This larger city lot (50 x 122) presents an exceptional opportunity for developers and investors. The approved 4-unit, 4-suite multi-family project offers a total of 6,816 sq. ft of above-grade construction, featuring four spacious and thoughtfully designed 3-bedroom upper units (approximately 1,702 sq. ft. each, including 3 storey loft levels), along with four well-planned 1-bedroom lower units (approximately 505 sq. ft). The project also includes four garages. Development Permit approval is in final advertising stage and approval is expected within the next two weeks. The existing property is a 2-bedroom bungalow situated on a large, south-facing rear lot on a quiet street, offering interim rental income potential while preparing for redevelopment.
Address
6435 33 Avenue NW
List Price
$700,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary NW
Sub-Area
Bowness
Bedrooms
2
Bathrooms
1
Floor Area
696 Sq. Ft.
Lot Size
6092 Sq. Ft.
Year Built
1951
MLS® Number
A2275090
Listing Brokerage
Real Broker
Basement Area
Partial
Postal Code
T3B 1K9
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Schools Nearby, Shopping Nearby, Playground, Sidewalks, Street Lights
