Property Information:

Exceptional redevelopment opportunity in the highly sought-after community of Parkhill. Situated on an M-C1 zoned lot, this property offers outstanding potential for investors, builders, and developers. While the existing home has benefited from numerous recent upgrades—including a newer roof, windows, doors, plumbing lines, electrical panel and wiring, furnace, and hot water tank—the true value lies in the land and its future development potential.An approved Development Permit for a four-storey apartment building is already in place, creating a rare opportunity to develop a long-term income-producing asset in one of Calgary’s most desirable inner-city locations. Whether you are an experienced developer expanding your portfolio or an entrepreneur seeking a manageable multifamily project, this property presents exceptional possibilities.

Inclusions: None

Building Features:

Total Finished Area: 626.00

Property Features:

Bedrooms: 1+0
Bathrooms: 1+0
Architectural Style: Bungalow
Built in: 1908
Construction Materials: Wood Siding
Cooling: None
Exterior Features: None
Floor Space (approx): 626.00 Square Feet
Flooring: Hardwood
Foundation Details: Wood
Heating: Forced Air
Interior Features: See Remarks
Levels: One
Lot Size: 3250.00 Square Feet
Parking Features: Off Street
Roof: Asphalt Shingle
Zoning: M-C1
No. of Parking Spaces: 1

Courtesy of: Creekside Realty

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 3816 Parkhill Place SW, Calgary, AB, T2S 2W7

Life Stage

Middle-Aged with Teens

Employment Type

White Collar

Average Household Income

$275,016.59

Average Number of Children

1.58

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

5.88 %

High school certificate or equivalent

19.41 %

Apprenticeship trade certificate/diploma

3.67 %

College/non-university certificate

13.0 %

University certificate (below bachelor)

3.74 %

University Degree

54.31 %

Commuter

Travel To Work

By Car

84.21 %

By Public Transit

3.49 %

By Walking

8.88 %

By Bicycle

1.6 %

By Other Methods

1.82 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.98 %

Houses

74.02 %

3816 Parkhill Place SW, Calgary, AB, T2S 2W7