RARE PARKDALE DEVELOPMENT OPPORTUNITY – APPROVED 8-UNIT DEVELOPMENT PERMIT! An exceptionally rare opportunity for a CORNER lot in the highly sought-after inner-city community of Parkdale. This property comes with an APPROVED DEVELOPMENT PERMIT FOR AN 8-UNIT MULTI-RESIDENTIAL DEVELOPMENT—an increasingly difficult approval to replicate under Calgary's evolving planning policies. For builders, developers and investors, the value here is in the existing approval. With the development permit already secured, this property offers a significant head start. Opportunities of this nature have become extremely scarce, especially in one of Calgary's most desirable inner-city communities. Parkdale continues to be one of Calgary's most desirable redevelopment communities, offering excellent proximity to the Bow River pathway system, Foothills Medical Centre, Alberta Children's Hospital, University of Calgary, Market Mall, schools, parks and downtown Calgary. The location provides an outstanding combination of inner-city convenience, established neighborhood character and long-term redevelopment appeal. Whether you're a developer looking for your next project or an investor seeking a scarce inner-city land opportunity, properties with this level of development potential and existing approval rarely become available.
Address
3750 7 Avenue NW
List Price
$1,175,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Parkdale
Bedrooms
4
Bathrooms
2
Floor Area
1,068 Sq. Ft.
Lot Size
5995 Sq. Ft.
Year Built
1953
MLS® Number
A2340475
Listing Brokerage
TREC The Real Estate Company
Basement Area
Full
Postal Code
T2N 3B3
Zoning
R-CG
Site Influences
Back Lane, Back Yard, City Lot, Corner Lot, Schools Nearby, Shopping Nearby, Walking/Bike Paths, Playground, Sidewalks, Street Lights