5016 22 Street Sw, Calgary

$949,900

5 Beds
2 Baths
978 Sqft
.14 Acres
1 Garages

*Visit Multimedia Link for full details* ATTENTION BUILDERS, DEVELOPERS & INVESTORS! FULL SIZE 50' x 120' R-C2 LOT IN ALTADORE! Here is a great opportunity for a full-size development lot in Altadore, one of Calgary's most desirable inner-city communities. Facing directly onto green space, this property is just a short 16 min walk from Mount Royal University and within a 5 min drive or 25 min walk of numerous shops, services, recreational facilities and multiple schools. This is a great opportunity to develop two detached or semi-detached infills with or without basement suites. Or, seek a rezoning and build townhomes - this location works well for either! One of the few remaining lots on this block with green space right out front, this property would also offer some great MOUNTAIN VIEWS from a second or third storey. The existing home is a 50's era bungalow with illegal basement suite - easily rentable while you do up plans and get your permits for development. The upper 2-bed unit offers hardwood floors, large living and dining rooms, full kitchen with breakfast nook, and 4-pc bath. The lower level contains an illegal 2-bedroom suite (windows may not meet current egress requirements), providing an opportunity for additional rental income. A large storage room and shared laundry complete the lower level. The property also has a sizeable backyard, detached garage, and carport. Altadore is renowned as one of Calgary's most desirable inner city communities, chock full of amenities, parks and schools. Commuting downtown or throughout the city is a breeze thanks to quick access to Crowchild Trail and Glenmore Trail. If you're seeking a redevelopment project in a prime location or looking for an investment property with great development potential, this listing offers an ideal solution.

Essential Information
MLS® #A2128461
Price$949,900
Bedrooms5
Bathrooms2.00
Full Baths2
Square Footage978
Acres0.14
Year Built1956
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address5016 22 Street Sw
SubdivisionAltadore
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2T 5G9
Amenities
Parking Spaces2
# of Garages1
Parking

Single Garage Detached, Carport

Interior
Interior FeaturesSee Remarks
AppliancesDryer, Microwave, Washer
HeatingForced Air, Natural Gas
CoolingNone
Has BasementYes
BasementFinished, Full
Exterior
Exterior FeaturesNone
RoofAsphalt Shingle
ConstructionVinyl Siding
FoundationPoured Concrete
Lot Description

Back Lane, Rectangular Lot, See Remarks

Additional Information
ZoningR-C2
Listing Details
OfficeRE/MAX House of Real Estate
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