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RE/MAX Generation

generationremax@gmail.com +1(250) 858-5465

$819,900

Est. payment - /mo

10 Beds

3 Baths

1,620 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1620

Square Footage 1,620 sqft

Price per Sqft $506

Subdivision Beltline

MLS® Listing ID A2308726

Bedrooms 10

Year Built 1912

Lot Size 3,261 Sqft

Acres 0.07487293

Property Sub-Type Freehold

Property Description

INVESTORS! This is a rare opportunity to acquire a centrally located property in Calgary's desirable Beltline with exceptional future redevelopment potential. Zoned CC-MH (Centre City Multi-Residential High-Rise District), the property is designated for high-density multi-residential development, making it a strategic long-term investment in one of Calgary's fastest-growing urban neighbourhoods.Currently operating as a rental property, its prime location offers excellent access to downtown, public transit, employment centres, shopping, restaurants, and everyday amenities, helping support strong tenant demand and consistent rental income. Each floor is equipped with a shared kitchen and washroom, and the building has been upgraded to meet Alberta Health requirements, providing a compliant, turnkey investment opportunity.The current month-to-month tenants can be assumed for immediate rental income and quick possession. Alternatively, vacant possession can be arranged with the required three full tenancy months' notice.The property offers ample rear parking for up to six vehicles. Shingles were replaced in 2015. Previously configured as three self-contained suites, each level featured its own furnace, thermostat, hot water tank, kitchen, and bathroom, presenting excellent potential for future reconfiguration (subject to municipal approval). Two storage sheds in the backyard are also included. (id:24570)

Location

Province AB

Rooms

Kitchen 0.0

Extra Room 1 Lower level 7.08 Ft x 4.83 Ft Other

Extra Room 2 Lower level 4.33 Ft x 11.92 Ft 4pc Bathroom

Extra Room 3 Lower level 9.17 Ft x 9.75 Ft Bedroom

Extra Room 4 Lower level 7.42 Ft x 10.83 Ft Bedroom

Extra Room 5 Lower level 9.50 Ft x 8.25 Ft Bedroom

Extra Room 6 Lower level 9.33 Ft x 13.25 Ft Bedroom

Interior

Heating Central heating

Cooling None

Flooring Hardwood, Linoleum

Exterior

Parking Features No

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 6

Garage No

Private Pool No

Building

Story 2

Others

Ownership Freehold

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Listed by 2% Realty

Nearby School & Business

+1(250) 882-3335

alex@victoriahomes.com

1227 13 Avenue SW Calgary, AB T3C0T2