Exceptional redevelopment opportunity in the highly sought-after community of Parkhill. Situated on an M-C1 zoned lot, this property offers outstanding potential for investors, builders, and developers. While the existing home has benefited from numerous recent upgrades—including a newer roof, windows, doors, plumbing lines, electrical panel and wiring, furnace, and hot water tank—the true value lies in the land and its future development potential.
An approved Development Permit for a four-storey apartment building is already in place, creating a rare opportunity to develop a long-term income-producing asset in one of Calgary’s most desirable inner-city locations. Whether you are an experienced developer expanding your portfolio or an entrepreneur seeking a manageable multifamily project, this property presents exceptional possibilities.
Address
3816 Parkhill Place SW
List Price
$499,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Parkhill
Bedrooms
1
Bathrooms
1
Floor Area
626 Sq. Ft.
Lot Size
3250 Sq. Ft.
Year Built
1908
MLS® Number
A2320969
Listing Brokerage
Creekside Realty
Basement Area
Partial
Postal Code
T2S 2W7
Zoning
M-C1
Site Influences
Back Yard, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Rectangular Lot, Sidewalks, Street Lights