1804 41 Street NW, Calgary, AB, T3B 1A5

MLS® # A2341910

House For Sale In Montgomery, Calgary, Alberta

$715,000 QuickQuote^TM: $720K - $859K

2+2 Beds

2 Baths

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1804 41 Street NW, Calgary, AB, T3B 1A5

$715,000

4 Beds

2 Baths

Property Information:

Rare opportunity to own a property with a LEGAL suite in Montgomery, combined with R-CG zoning and exceptional redevelopment potential. This revenue generating property offers a unique opportunity for investors, developers, or homeowners looking to capitalize on both rental income and future development possibilities.This 2+2 bedroom property features a LEGAL basement suite with both levels designed as fully self-contained living spaces. Each level offers 2 bedrooms, a living area, full bathroom, full kitchen with appliances, and separate laundry.The property is currently owner-occupied, but when fully rented, it has the potential to generate over $3,500/month in rental income, making this an excellent option for investors looking for strong holding income while benefiting from the property's future redevelopment potential.The R-CG zoning adds significant flexibility and upside for developers and investors. Depending on plans and approvals, potential redevelopment options may include a 4plex, attached development, or attached homes with legal secondary suites.Situated on a corner lot in an established and desirable location, the property is close to schools, parks, shopping, the Bow River, and major transportation routes.Whether you're looking to live in the property, generate rental income, hold for future redevelopment, or take advantage of the R-CG zoning, this property offers multiple ways to create value.

Inclusions: 2 Refrigerator, 2 Stove(s)

Building Features:

Total Finished Area: 886.00

Property Features:

Architectural Style: Bungalow
Built in: 1955
Construction Materials: Vinyl Siding, Wood Frame
Cooling: None
Exterior Features: None
Floor Space (approx): 886.00 Square Feet
Flooring: Ceramic Tile, Hardwood, Laminate
Foundation Details: Poured Concrete
Heating: Forced Air
Interior Features: Laminate Counters, Separate Entrance, Storage
Levels: One
Lot Size: 6296.00 Square Feet
Parking Features: Concrete Driveway, Parking Pad
Roof: Asphalt Shingle
Zoning: R-CG
No. of Parking Spaces: 4

Courtesy of: KPLI Real Estate Corporation

Data provided by: REALTORS® Association Of South Central Alberta Box 997, Brooks, Alberta, T1R 1B8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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