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Attention investors and developers! This is your chance to acquire a prime corner lot in the highly desirable Tuxedo Park community. With over 5,700+ sq ft of M-C1 zoned land, this property offers tremendous potential for a multi-family development.
A Development Permit application for a 4-Plex with Legal Suites is already in progress, making it an ideal investment for those looking to capitalize on the growth in the area. Each unit is designed to feature 3 bedrooms, 2.5 baths above grade, plus a 1-bedroom, 1-bath legal basement suite, maximizing rental income potential.
Disconnection work completed, and the existing home is ready for demolition.
This is the perfect opportunity for developers to create a modern, high-demand living space in a fantastic location.
Don’t miss out on this incredible opportunity to build in one of the city's most sought-after neighborhoods!
DP Drawings not Approved yet so may be modified as required.
| Address |
140 21 Avenue NE |
| List Price |
$879,900 |
| Property Type |
Residential |
| Type of Dwelling |
Detached |
| Style of Home |
Bungalow |
| Area |
Calgary CC |
| Sub-Area |
Tuxedo Park |
| Bedrooms |
2 |
| Bathrooms |
2 |
| Floor Area |
886 Sq. Ft. |
| Lot Size |
5733 Sq. Ft. |
| Year Built |
1942 |
| MLS® Number |
A2155868 |
| Listing Brokerage |
Easy List Realty
|
| Basement Area |
Full, Unfinished |
| Postal Code |
T2E 1S2 |
| Zoning |
MC2 |
| Site Influences |
Back Lane, Corner Lot, Clubhouse, Corners Marked, Golf, Level, Many Trees, Schools Nearby, Shopping Nearby, Park, Playground, Pool, Sidewalks, Street Lights, Tennis Court(s), Treed, Yard Drainage |
