Property Information:

Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities.Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities.The property is a bungalow duplex configuration: both sides are tenant-occupied. One side is rented out as a full bungalow (up & down), the other side is rented out as upper and lower suites.The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years.An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals.

Inclusions: All unattached goods

Building Features:

Total Finished Area: 1846.57

Property Features:

Bedrooms: 2+0
Bathrooms: 1+0
Architectural Style: Side by Side, Bungalow
Built in: 1950
Construction Materials: Concrete, Wood Frame
Cooling: None
Exterior Features: None
Floor Space (approx): 1846.57 Square Feet
Flooring: Carpet, Hardwood
Foundation Details: Poured Concrete
Heating: Forced Air, Natural Gas
Interior Features: See Remarks
Levels: One
Lot Size: 8019.00 Square Feet
Parking Features: Aggregate, Off Street, Parking Pad, Single Garage Attached
Roof: Asphalt Shingle
Zoning: M-CG d72
No. of Parking Spaces: 4

Courtesy of: RE/MAX First

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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Demographic Information of 1607 25 Avenue SW, Calgary, AB, T2T 0Z9

Life Stage

Young Singles

Employment Type

Service Sector/White Collar

Average Household Income

$145,312.91

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.78 %

High school certificate or equivalent

22.11 %

Apprenticeship trade certificate/diploma

5.31 %

College/non-university certificate

18.35 %

University certificate (below bachelor)

2.16 %

University Degree

42.29 %

Commuter

Travel To Work

By Car

78.25 %

By Public Transit

10.65 %

By Walking

5.15 %

By Bicycle

0.82 %

By Other Methods

5.13 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

65.46 %

Houses

34.54 %

1607 25 Avenue SW, Calgary, AB, T2T 0Z9