HUGE INVESTMENT POTENTIAL – BUILDERS, AND SAVVY INVESTORS, TAKE NOTE!! This rare 80’x125’ R-CG CORNER LOT in the heart of RICHMOND offers an incredible opportunity to build in one of Calgary’s most desirable inner-city communities. This legally suited bungalow can be a great long term hold rental property or house hack, making it a perfect income generating investment. With city approval, this large 8,880 sq/ft lot can also be developed into a dream property! Ideally located just minutes from MARDA LOOP, SANDY BEACH PARK, and a short drive to DOWNTOWN. This property is also close to Mount Royal University and Crowchild Trail, making the location perfect for any investment strategy. The upper level features two spacious bedrooms, warm hardwood flooring, a cozy fireplace, a bright 4pc bathroom, and both living and family room areas that create a welcoming and functional space. The kitchen is bright and functional with large corner windows and an eating area. The lower level is a legal, registered one bedroom suite, with a large living room area and a full bathroom. The basement NEWLY RENOVATED KITCHEN has vinyl plank flooring and lots of storage. The lower level also features shared laundry, lots of storage, and newer furnace installed in 2021. The roof was just re-done in 2021, the deck and patio were updated in 2023. Whether you're looking to build, or hold as a rental property, this is a rare and valuable investment opportunity in one of Calgary’s most walkable and centrally located gorgeous neighbourhoods. DON’T MISS OUT on this opportunity, reach out, come and take a look for yourself!
Address
3003 25 Street SW
List Price
$895,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Richmond
Bedrooms
3
Bathrooms
2
Floor Area
1,201 Sq. Ft.
Lot Size
8880 Sq. Ft.
Year Built
1952
MLS® Number
A2264521
Listing Brokerage
eXp Realty
Basement Area
Separate/Exterior Entry, Finished, Full
Postal Code
T3E 1Y2
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Corner Lot, Front Yard, Schools Nearby, Shopping Nearby, Walking/Bike Paths, Private, Sidewalks, Street Lights