1804 - 1828 17 Street Nw Av Nw, Calgary

$5,600,000

0 Beds
0 Baths
42,000 Sqft
1 Acres
0 Garages

RARE opportunity for your next major development, this 350x120 (7 Premisses in a row) MC-1 lot in Capitol Hill.
42,000 sq/f with a FAR of 2.4 (100,800 sq/ft buildable).

Allowed to build up to 14 Meters from grade at a distance greater than 3 meters from that shared property line. The buildable SQ/F can be at the builder's discretion depending on the use they choose to.

Alternative Option for to build Assisted living, DP approved for 83,000 sq/f +/- buildable, approved for 118 units +/-, if the buyer chooses that venture, builder is able to increase the BUILDABLE sq/f.
There has been a Sanitary study done and can handle up to 150 units if the DP is revised (for assisted living).

There's rental income from the existing premises as they're all rented out.

Essential Information
MLS® #C4286210
Price$5,600,000
Bathrooms0.00
Square Footage42,000
Acres1.00
Year Built1960
TypeCommercial
Sub-TypeMulti Family
StatusActive
Community Information
Address1804 - 1828 17 Street Nw Av Nw
SubdivisionCapitol Hill
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2N 0S2
Interior
HeatingForced Air, See Remarks
Exterior
ConstructionWood Frame
Additional Information
ZoningMC-1
Listing Details
OfficeCIR REALTY
LISTING MAP

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Listing information last updated on January 25th, 2021 at 9:46am PST.