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Land with Building(s) For Sale in Calgary, AB (1511 21 Avenue SW) - $2,399,000
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M-C2 Zoned Multi-Residential Development Site
M-C2 Zoned Multi-Residential Development Site
Main Features
0 Bedrooms
0 Bathrooms
Unspecified Square Feet
2.5 Stories
The Basics
- Price: $2,399,000
- Property Type: Land with Building(s) / Apartment
- Ad Type: For Sale
- Listing ID: 195175
Location
- Address: 1511 21 Avenue SW
- City: Calgary
- Province/State: Alberta
- Postal/ZIP Code: T2T 0M8
Own this property for $0.00/month*
Property Description
Map Location
Mortgage Calculator
Contact Seller
Property Description
DEVELOPMENT LAND FOR SALE: Two M-C2 zoned parcels with income generating rental properties
Investment Highlights
- Located in the popular inner-city community of Bankview
- 2 blocks away from the 17 Avenue Entertainment district, Calgary's most priminent commercial corridor
- Convenient access to Downtown Calgary and some of Calgary's tendiest inner-city retail destinations
- Neighbouring community has seen increased mixed-use, multi-residential and infill residential development throughout the last decade
- Located in the hear of one of Calgary's most sought-after rental and condominium markets
Site Details
- Municipal Address: 1505 & 1511 - 21 Avenue SW, Calgary, AB
- Site Area: 10,663 sf of combined site area
- Zoning: M-C2 zoning allows maximum density of 2.5 FAR equating to 26,658 sf of buildable area
Site Features
- The site measures approximately 100 feet in width and 100 feet in depth
- MC-2 zoning allows for the opportunity to develop a purpose build rental or condominium development
- The property is improved with a single tenant house and a 2-storey plus basement 5-plex, allowing a potential developer to generate revenue during the pre-construction phase
- The property features unobstructed views of Downtown Calgary and the Calgary Tower at 3+ stories.
DEVELOPMENT LAND FOR SALE: Two M-C2 zoned parcels with income generating rental properties
Investment Highlights
- Located in the popular inner-city community of Bankview
- 2 blocks away from the 17 Avenue Entertainment district, Calgary's most priminent commercial corridor
- Convenient access to Downtown Calgary and some of Calgary's tendiest inner-city retail destinations
- Neighbouring community has seen increased mixed-use, multi-residential and infill residential development throughout the last decade
- Located in the hear of one of Calgary's most sought-after rental and condominium markets
Site Details
- Municipal Address: 1505 & 1511 - 21 Avenue SW, Calgary, AB
- Site Area: 10,663 sf of combined site area
- Zoning: M-C2 zoning allows maximum density of 2.5 FAR equating to 26,658 sf of buildable area
Site Features
- The site measures approximately 100 feet in width and 100 feet in depth
- MC-2 zoning allows for the opportunity to develop a purpose build rental or condominium development
- The property is improved with a single tenant house and a 2-storey plus basement 5-plex, allowing a potential developer to generate revenue during the pre-construction phase
- The property features unobstructed views of Downtown Calgary and the Calgary Tower at 3+ stories.
Approximate Map Location*
Approximate Map Location*
1511 21 Avenue SW, Calgary, Alberta, Canada T2T 0M8
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* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.
Mortgage Calculator
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$0.00
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The Mortgage Calculator is for demonstration purposes only and is not part of the mortgage application process. Payment amounts provided are based on the information you provide are for illustrative purposes only. Actual mortgage rates may fluctuate and are subject to change at any time without notice. The maximum amortization for an Insured mortgage is 25 years. The final terms and conditions of the mortgage you obtain will ultimately govern your mortgage payment amount.
Contact Seller
Seller Name: Mason Thompson
Contact this Seller at 403-232-4340
-OR- Send a Message Below
Mortgage Calculator
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Down Payment: $
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Loan Amount: $
|
|
|
Interest Rate: (%)
|
|
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Amortization:
|
|
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Monthly:
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$0.00
|
The Mortgage Calculator is for demonstration purposes only and is not part of the mortgage application process. Payment amounts provided are based on the information you provide are for illustrative purposes only. Actual mortgage rates may fluctuate and are subject to change at any time without notice. The maximum amortization for an Insured mortgage is 25 years. The final terms and conditions of the mortgage you obtain will ultimately govern your mortgage payment amount.
This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.
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