107 40 Avenue Ne, Calgary

$999,900

4 Beds
4 Baths
1,220 Sqft
.16 Acres
2 Garages

Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. There is potential to purchase the neighbouring property 4019 Centre A St NE that was also rezoned M-H1 - see rendering in photos which encapsulates both lots. Call for more information.

Essential Information
MLS® #A2256063
Price$999,900
Bedrooms4
Bathrooms4.00
Full Baths3
Half Baths1
Square Footage1,220
Acres0.16
Year Built1910
TypeResidential
Sub-TypeDetached
StyleBungalow
StatusActive
Community Information
Address107 40 Avenue Ne
SubdivisionHighland Park
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2E2M6
Amenities
Parking Spaces5
# of Garages2
Parking

Double Garage Detached, Driveway, Off Street, Paved

Interior
AppliancesNone, See Remarks
HeatingForced Air
CoolingNone
Has BasementYes
FireplaceYes
# of Fireplaces1
Interior Features

Beamed Ceilings, Ceiling Fan(s), Chandelier, Laminate Counters, Storage, Vaulted Ceiling(s)

Basement

Finished, Full, Suite, Walk-Out

Fireplaces

Gas, Living Room, Masonry, Raised Hearth

Exterior
Exterior FeaturesBalcony, Private Yard
RoofAsphalt Shingle
FoundationPoured Concrete
Lot Description

Back Lane, Back Yard, Backs on to Park/Green Space, Corner Lot, Rectangular Lot, Treed, Sloped

Construction

Stucco, Wood Frame, Wood Siding

Additional Information
ZoningM-H1
Listing Details
OfficeRoyal LePage Benchmark
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