Property Details

4010 8 Avenue SW
Calgary (A2224122)

$919,000
4
1
864 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

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!

Property details

Basic Info

MLS® #
A2224122
Property Type:
Residential
Subtype:
Detached
Subdivision:
Rosscarrock
Price
$919,000
Sale/Lease:
For Sale
Size:
864 sq.ft.
Bedrooms:
4
Bathrooms:
1
Year Built:
1958 (67 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Single Garage Attached
Fence:
Fenced
Basement:
Finished, Full
Features:
Jetted Tub
Inclusions:
Dishwasher, Dryer, Refrigerator, Stove(s), Washer
Appliances:
Dishwasher, Washer/Dryer
Laundry:
Common Area
Exterior Features:
Private Yard
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
Shopping Nearby

Lot / Land Info

Lot Size:
0.19 acres
Lot Features:
Corner Lot
Zoning:
M-C1

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Stucco
Floors:
Hardwood
Foundation:
Poured Concrete, Wood
Heating:
Central, Natural Gas
Cooling:
None
Amenities:
Shopping Nearby

Listing Info

Possession:
Negotiable
Your Agent
  • Gerald Friesen

    Grassroots Realty Group Ltd. Grande Prairie, AB
    780-380-9166

    Email

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