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107 40 Ave NE

40 Ave NENorthwest CalgaryCalgaryAB, T2E 2M6

3
Beds
4
Baths
1,231
Sq. Ft.
$1,800,000
List Price
107 40 Ave NE, Calgary, AB - 1 of 3
107 40 Ave NE, Calgary, AB - 2 of 3
107 40 Ave NE, Calgary, AB - 3 of 3
72 days on market

Quick Summary

  • Prime developmental opportunity with M-H1 zoning
  • Approved for 6-8 storey multi-residential development
  • Close proximity and views to downtown Calgary
  • Easy access to vibrant city core and future LRT
  • Immediate income-producing potential as residential
  • Strategically located near landmarks and amenities
  • Attractive for investors, developers, and builders

PRIME DEVELOPMENTAL OPPORTUNITY! Approved and rezoned M-H1 property in the desirable & mature community of Highland Park. The current M-H1 zoning offers an unparalleled investment opportunity which allows for an 6-8 storey (26 m) multi-residential development with commercial on the main floor. Capitalize on its close proximity and views... Show More

PRIME DEVELOPMENTAL OPPORTUNITY! Approved and rezoned M-H1 property in the desirable & mature community of Highland Park. The current M-H1 zoning offers an unparalleled investment opportunity which allows for an 6-8 storey (26 m) multi-residential development with commercial on the main floor. Capitalize on its close proximity and views to downtown Calgary, easy access to the city's vibrant core and future green line LRT, and its immediate income-producing potential as its current residential state. Strategically-located near local landmarks, transportation hubs, parks/playgrounds, and connectivity to both residential and commercial amenities. CALLING ALL INVESTORS, DEVELOPERS, & BUILDERS! (id:54626)

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Property Details

Size

1,231 sq. ft.
13 total rooms across 1 floor
3 Beds
2 Above Grade - 1 Below Grade
4 Baths
3 Full - 1 Partial

Parking

4 Parking Spaces
Parking Pad

Lot

Size
120′0″ * 56′9″
Acres
-

Build

Year Built
1910
Model Name
-
Basement
Finished
Exterior
-
Foundation
Poured Concrete
Builder Name
-
Stories
1
Flooring
Other
Roof
-

Heating & Cooling

Heating
Forced air
Cooling
None
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Rooms

Kitchen

11′3″ x 12′5″

Bedroom

9′1″ x 12′0″

Recreational, Games room

12′10″ x 13′3″

Laundry room

9′4″ x 13′2″

Furnace

9′3″ x 10′10″

4pc Bathroom

Bathroom

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Source

Listing Brokerage

MLS® Listing
A2165483
Last Updated
September 20, 2024
Brokerage
RE/MAX Real Estate (Central)
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