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716 55 Avenue SW, Calgary, AB, T2V 0G3

MLS® # A2340477
House For Sale In Windsor Park, Calgary, Alberta
$1,050,000 QuickQuoteTM: Not Available

3+2 Beds

2 Baths

716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
716 55 Avenue Sw, Calgary, AB
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716 55 Avenue SW, Calgary, AB, T2V 0G3
$1,050,000

5 Beds

2 Baths

Property Information:

RARE LAND ASSEMBLY OPPORTUNITY in the heart of Windsor Park! This 50' x 120' (6,003 sq ft) lot at 716 55 Avenue SW joins two immediate neighbouring lots, also currently listed for sale, to create a three-lot assembly totalling approximately 18,000 sq ft (.413 acres), zoned R-CG (Comprehensive Grade-Oriented Infill District) - one of Windsor Park's premier assembly opportunities. Buyers should do their own research on the amalgamation of 720, 724 and 728 - 722 55 Avenue SW, its current zoning, and its likely future redevelopment potential before calling.Located within walking distance to schools, shopping, parks, golf, and the pathway system, this assembly is ideally suited for a larger-scale infill or multi-unit redevelopment in one of Calgary's most established inner-city communities. While the redevelopment potential is the headline, the existing 1,088 sq ft, 5-bedroom bungalow offers a solid holding property in the meantime. Thoughtfully renovated in 2013, it features a custom spice kitchen, a private sauna, granite and quartz counters, and beautifully landscaped gardens with a deck for outdoor entertaining. The fully finished basement adds 2 more bedrooms, a second kitchen setup (fridge, stove, and freezer included), and in-basement laundry, while a double detached garage with alley access completes the property.Whether you're assembling a multi-lot development site, securing a single infill build, or looking for an income-producing holding property with upside, this Windsor Park opportunity checks every box. Don't miss this rare combination of livability today and redevelopment potential tomorrow.

Inclusions: Fridge, stove and freezer in the basement

Building Features:

  • Total Finished Area: 1088.00

Property Features:

  • Architectural Style: Bungalow
  • Built in: 1953
  • Construction Materials: Concrete, Wood Frame
  • Cooling: None
  • Exterior Features: Barbecue, Private Yard
  • Fireplace Features: Gas
  • Floor Space (approx): 1088.00 Square Feet
  • Flooring: Carpet, Hardwood, Tile
  • Foundation Details: Poured Concrete
  • Heating: Forced Air, Natural Gas
  • Interior Features: Granite Counters
  • Levels: One
  • Lot Size: 6002.00 Square Feet
  • Parking Features: Alley Access, Double Garage Detached
  • Roof: Asphalt Shingle
  • Zoning: R-C2
  • No. of Parking Spaces: 5

Courtesy of: Ko Realty Ltd.

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
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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Market Price Trends

Single family detached

5.46%

Price change (1 year)

61.08%

Price change (5 years)

All Properties

5.45%

Price change (1 year)

57.24%

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Location of 716 55 Avenue SW, Calgary, AB, T2V 0G3

Demographic Information of 716 55 Avenue SW, Calgary, AB, T2V 0G3

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$164,478.47

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.63 %

High school certificate or equivalent

24.57 %

Apprenticeship trade certificate/diploma

8.69 %

College/non-university certificate

15.11 %

University certificate (below bachelor)

2.52 %

University Degree

41.48 %

Commuter

Travel To Work

By Car

78.74 %

By Public Transit

7.42 %

By Walking

9.24 %

By Bicycle

2.21 %

By Other Methods

2.39 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.24 %

Houses

69.76 %

Own Vs. Rent

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