4010 8 Avenue SW, Calgary
$850,000 · 4 Bed 2 Bath



About this property
Outstanding Redevelopment Opportunity – Prime Corner Lot with Approved 4-Plex Plans!This is a rare and exciting investment opportunity on a large 8,320 sq. ft. corner lot, already approved for a 4-unit residential build (BP approved). Zoned M-C1, the property offers endless redevelopment potential in one of Calgary’s most sought-after locations.The existing raised bungalow features two separate units, each with private entrances and oversized windows for an abundance of natural light. Options abound: live in one unit and rent the other, rent both for immediate income, or develop the site into a modern multi-family build.Located just a short walk to Westbrook Mall and the LRT station, this property offers unbeatable convenience with shopping, restaurants, schools, and amenities all nearby.Upper unit includes 2 bedrooms, 1 full bathroom, a spacious living room with original hardwood floors, a kitchen with ample cabinetry, and shared laundry access.The bright, illegal basement suite features large windows, 2 bedrooms, 1 full bath, a generous living area, and a spacious kitchen.Other highlights include a double attached garage and the incredible potential of this expansive corner lot.This is truly a money-making opportunity in a location with limitless future value. Properties like this don’t come along often—book your showing today! (id:66939)
Property details
- Price
- $850,000
- Bedrooms
- 4
- Bathrooms
- 2
- Living area
- 864 square feet
- Lot size
- 8320 square feet
- Parking
- 4
- Year built
- 1958
- Property type
- Single Family
- Basement
- Finished, Full
- MLS® number
- A2224122
Location
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Review my home valueListing courtesy of Homecare Realty Ltd.. Source board: Calgary Real Estate Board.
Listing data is provided by the Canadian Real Estate Association (CREA) through the REALTOR.ca Data Distribution Facility (DDF®) and is deemed reliable but not guaranteed accurate. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Listings displayed may be held by brokerages other than Hamodi Realty / HomeLife Miracle Realty.
