3750 7 Avenue NW, Calgary

$1,175,000 · 4 Bed 2 Bath

3750 7 Avenue NW, Calgary — photo 13750 7 Avenue NW, Calgary — photo 23750 7 Avenue NW, Calgary — photo 33750 7 Avenue NW, Calgary — photo 43750 7 Avenue NW, Calgary — photo 5

About this property

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. (id:66939)

Property details

Price
$1,175,000
Bedrooms
4
Bathrooms
2
Living area
1,068 square feet
Lot size
557 square meters
Parking
2
Year built
1953
Property type
Single Family
Basement
Finished, Full
MLS® number
A2340475

Location

Map showing the location of 3750 7 Avenue NW, Calgary

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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.