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Descriptions:
An exceptional opportunity awaits discerning investors and developers in the desirable inner-city community of Spruce Cliff. This prime 50x120ft lot, boasting coveted H-GO zoning, offers immense potential for those looking to maximize their returns in Calgary's dynamic real estate market. This isn't just a lot; it's a blank canvas for significant redevelopment in a mature and amenity-rich west-side location.
Whether your strategy is immediate redevelopment, a smart rent-and-hold approach, or a blend of both, this property delivers. The existing bungalow features a fully finished and updated main level, complemented by a self-contained basement suite (illegal suite). Recent significant updates provide immediate value and peace of mind, including a new furnace (December 2023), hot water tank (April 2023), refreshed floors on the main level (June 2024), a new fridge (July 2024), and brand-new fencing, deck, and stairs (all 2024). This means you can secure a stable income stream while you finalize your development plans, minimizing immediate capital outlay.
Spruce Cliff itself is a community renowned for its established charm, mature trees, and exceptional connectivity. It's already a top choice for redevelopment, with many streets boasting a significant number of infill properties and townhouse developments, and many more on the horizon. Future residents will benefit from effortless access to downtown, the extensive pathways of Edworthy Park, Westbrook LRT Station, local shops, and excellent schools.
Seize this compelling investment in one of Calgary's premier development locations. Book your showing today!
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| Status: |
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Active
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| Includes: |
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2nd refrigerator, 2nd electric oven, 2nd washer, 2nd dryer |
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| Site Influences: |
| Back Lane, Level, Rectangular Lot |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
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| Neighbourhood: |
Spruce Cliff
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| Lot Size: |
0.14
sq.ft.
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| Lot Shape: |
Back Lane,Level,Rectangular Lot |
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| Property Info: |
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| Property Type: |
Residential Detached Single Family |
| Home Style: |
Bungalow |
| Year Built: |
1953 |
| Total Floor Area: |
1,076 sq. ft. |
| Brokerage: |
The Real Estate District |
| Construction Type: |
Wood Frame
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| Front Exposure: |
E
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| Exterior: |
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| Exterior: |
Wood Frame |
| Construction: |
Wood Frame |
| Frontage: |
15.24M 50`0" |
| Front Exposure: |
E |
| Roof: |
Asphalt Shingle |
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| Rooms: |
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| Total Bedrooms: |
5
(Bedrooms Above: 3)
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| Bathrooms: |
Full: 2
/ Half: 0
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| Rooms Above: |
6 |
| Ensuite: |
No
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| Parking Plan Type: |
Parking Pad
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| Garage: |
0
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| Additional Info: |
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| Heating: |
Forced Air |
| Basement: |
Separate/Exterior Entry, Finished, Full, Suite |
| Basement Type: |
Separate/Exterior Entry, Finished, Full, Suite |
| Floor Finish: |
Carpet, Laminate, Vinyl Plank |
| Fireplace Details: |
For Sale |
| Parking: |
Parking Pad |
| Total Parking: |
2
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| Restrictions: |
Contact for Restrictions |
| Heating Type: |
Forced Air
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| Heating Fuel: |
Forced Air
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| Restrictions: |
None Known
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Contact Sandy Bisson - 403-259-4141
#10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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