107 40 Avenue Ne, Calgary, Alberta

$1,800,000

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3

Beds

4

Baths

1,231

Square feet

0.16

Acres

About 107 40 Avenue Ne

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!

Features of 107 40 Avenue Ne

MLS® # A2165483
Price $1,800,000
Bedrooms 3
Bathrooms 4.00
Full Baths 3
Half Baths 1
Square Footage 1,231
Acres 0.16
Year Built 1910
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 107 40 Avenue Ne
Subdivision Highland Park
City Calgary
County Calgary
Province Alberta
Postal Code T2E 2M6

Amenities

Parking Spaces 4
Parking Parking Pad
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks
Appliances See Remarks
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Features Lighting, Other
Lot Description City Lot
Roof Asphalt Shingle
Construction Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed September 10th, 2024
Days on Market 65
Zoning M-H1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Real Estate (Central)

Listing Map