Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities.
Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities.
The property is currently improved with a bungalow duplex configuration: one side is tenant-occupied, and the other side includes an illegal basement suite and is presently vacant, offering immediate flexibility for investors or future planning.
The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years.
An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals.
Address
1607 25 Avenue SW
List Price
$1,285,000
Property Type
Residential
Type of Dwelling
Full Duplex
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Bankview
Bedrooms
2
Bathrooms
1
Floor Area
1,847 Sq. Ft.
Lot Size
8019 Sq. Ft.
Year Built
1950
MLS® Number
A2290081
Listing Brokerage
RE/MAX First
Basement Area
Full
Postal Code
T2T 0Z9
Zoning
M-CG d72
Site Influences
Back Yard, Corner Lot, None