1201 17 Avenue NW Calgary, AB T2M0P9
Listing Courtesy of: PILLAR 9 - IDX / Century 21 Bamber Realty Ltd. / Julie Vesuwalla
$2,300,000
0.28
ACRES
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  1201 17 Avenue NW Calgary, AB T2M0P9

Pending (65 Days)

Description

HOME SWEET HOME! CALLING ALL INVESTORS AND BUILDERS! This RARE INNER-CITY INVESTMENT OPPORTUNITY awaits you in the heart of Capitol Hill just one block away from 16th Ave NW and SAIT! These side by side properties are being sold together (1207 17 Avenue NW & 1201 17 Avenue NW) offering a DESIRABLE CORNER LOT LAND ASSEMBLY with 100 FEET FRONTAGE x 120 FEET DEPTH (3655.61 SQFT LOT SIZE) zoned RESIDENTIAL AND MC-2 in a dream location. There are currently 2 serviced bungalows on these 2 lots. One is boarded up with no access and one is a commercial office. This timely opportunity is ideal for a buyer looking for land with incredible future development potential in a prime location with a holding property. Depending what you build, there is a potential for mountain views and you can see SAIT from across the street. Located close to all amenities including trendy restaurants, coffee shops, public transportation, LRT, shopping, parks/greenspaces, schools, Deerfoot trail, Downtown Calgary and much more! Don't miss out on this incredible opportunity, contact us today for a tour! City of Calgary says: Depending on ceiling height, you could build a 4-5 story building with about 30 units (1200sqft X 2.5 FAR = 30,000 *0.75 building efficiency = 22,500 SF / 750 SF units = 30 units) or you could push it to 34 units with 0.85% efficiency!

MLS®:
A2035742
Lot Size
0.28 acres
Type
Land
Views
Views
Bathroom Details
Subdivision
  • Capitol Hill
Lot Information
  • Views
  • Rectangular Lot
  • Near Public Transit
  • Street Lighting
  • Standard Shaped Lot
  • Level
  • Near Shopping Center
  • Lawn
  • Front Yard
  • Corner Lot
  • City Lot
  • Back Yard
  • Back Lane
Property Features
  • Fireplace: Total Fireplace(s) : 0
Utility Information
  • Utilities: Water Available, See Remarks, Phone Available, Garbage Collection, Natural Gas Available, Electricity Available, Cable Available
Location
Map View | Street View
   
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Disclaimer: Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

CENTURY 21 Bamber Realty Ltd.

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CENTURY 21 Bamber Realty Ltd.

1612 17 Avenue South West, Calgary, AB T2T0E3

(403) 245-0773

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