SOLD (11/06/2024)

5016 22 Street SW

Detached in Altadore, Calgary CC

  • 5 Beds
  • 2 Baths
  • 978 Sq. Ft.
  • Built 1956

FULL SIZE 50' x 120' R-C2 LOT IN ALTADORE

ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Here is a great opportunity for a full-size development lot in Altadore, one of Calgary's most desirable inner-city communities. Facing directly onto green space, this property is just a short 16 min walk from Mount Royal University and within a 5 min drive or 25 min walk of numerous shops, services, recreational facilities and multiple schools.

This is a great opportunity to develop two detached or semi-detached infills with or without basement suites. Or, seek a rezoning and build townhomes - this location works well for either! One of the few remaining lots on this block with green space right out front, this property would also offer some great mountain views from a second or third storey. 

The existing home is 50's era bungalow with illegal basement suite - easily rentable while you do up plans and get your permits for development. The upper 2-bed unit offers hardwood floors, large living and dining rooms, full kitchen with breakfast nook, and 4-pc bath. The lower level contains an illegal 2-bedroom suite (windows may not meet current egress requirements), providing an opportunity for additional rental income. A large storage room and shared laundry complete the lower level. The property also has a sizeable backyard, detached garage, and carport.

Altadore is renowned as one of Calgary's most desirable inner city communities, chock full of amenities, parks and schools. Commuting downtown or throughout the city is a breeze thanks to quick access to Crowchild Trail and Glenmore Trail.

If you're seeking a redevelopment project in a prime location or looking for an investment property with great development potential, this listing offers an ideal solution. Act quickly—opportunities like this are few and far between.

Reach out today for more information!


Address 5016 22 Street SW
Sold Date 11/06/2024
Property Type Residential
Type of Dwelling Detached
Style of Home Bungalow
Area Calgary CC
Sub-Area Altadore
Bedrooms 5
Bathrooms 2
Floor Area 978 Sq. Ft.
Lot Size 6006 Sq. Ft.
Year Built 1956
MLS® Number A2128461
Listing Brokerage RE/MAX House of Real Estate
Basement Area Finished, Full
Postal Code T2T 5G9
Zoning R-C2
Site Influences Back Lane, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Rectangular Lot, See Remarks, Sidewalks, Street Lights