901 38 Street Se, Calgary

$679,900

3 Beds
1 Baths
1,052 Sqft
.15 Acres
2 Garages

Exceptional opportunity awaits INVESTORS AND BUILDERS within the prestigious CMHC MLI SELECT PROGRAM! Situated on a spacious 51' x 126' CORNER LOT with coveted R-C1 zoning, this property holds promise for lucrative returns and endless potential. With the option to rezone for a 4-plex featuring 4 legal suites in the basement for future development, or to utilize it as a rental property with separate accommodations, the possibilities abound. Nestled in a vibrant community, it offers unrivaled convenience with various amenities nearby, including shops, restaurants, schools, and rapid transit. Step into the inviting bungalow to explore its unique charm, featuring an illegal suite providing dual rental opportunities with private entrances. The main floor offers a cozy retreat for families, boasting spacious living areas, a well-appointed kitchen, and three generous bedrooms. Outside, the fully fenced backyard beckons for relaxation and gatherings, while the basement illegal suite provides additional space for rental income or extended family stays. Enjoy the added convenience of a double detached garage and mature landscaping, creating a tranquil oasis. With easy access to downtown and major routes, along with ongoing city redevelopment plans, this property offers a prime investment opportunity. Don't miss your chance to secure a foothold in one of the city's most desirable neighborhoods. Whether you're an investor, developer, or seeking your forever home, this property offers the ideal foundation for your aspirations.

Essential Information
MLS® #A2123146
Price$679,900
Bedrooms3
Bathrooms1.00
Full Baths1
Square Footage1,052
Acres0.15
Year Built1959
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address901 38 Street Se
SubdivisionForest Lawn
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2A 1G1
Amenities
Parking Spaces4
ParkingDouble Garage Detached
# of Garages2
Interior
HeatingStandard
CoolingNone
Has BasementYes
BasementExterior Entry, Full, Suite
Interior Features

No Animal Home, Vinyl Windows, Wood Counters

Appliances

Range, Refrigerator, Stove(s), Washer/Dryer, Window Coverings

Exterior
Exterior FeaturesNone
RoofAsphalt Shingle
ConstructionConcrete, Stucco, Wood Frame
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, City Lot, Corner Lot, Front Yard, Level, Rectangular Lot

Additional Information
ZoningR-C1
Listing Details
OfficeURBAN-REALTY.ca
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