Selling Solutions ! .... Not Promises

West Hillhurst, Calgary Listing #: A1089398

$699,900
4 Beds
1 Bath
1,564 Sqft
69,976 Lot SqFt
1911 Built


ZONED MIXED USE 1 (MU-1) IN THE BEAUTIFUL INNER-CITY COMMUNITY OF WEST HILLHURST, THIS PROPERTY IS A GREAT REVENUE PROPERTY WITH TREMENDOUS DEVELOPMENT POTENTIAL ALLOWING FOR A 4-STORY-BUILDING ON THE SITE! The options are endless. There are 2 separate suites onsite, both rented. You can rent the property, or redevelop it for commercial businesses on the main floor with residential apartments on the upper floors. If you desire, you can have your own business on the main floor and your residence above. The property is located on a prominent bus route and is situated directly across from a fenced park where children can play without worry about traffic. The bow River and its recreational pathway system is situated a 5-minute walk away from the property offering tremendous recreational opportunities. Located a mere 10-minutes-walk from trendy Kensington with its upscale shops, restaurants and other amenities. AND THERE IS MORE! The property is literally 5 minutes-drive from the Alberta College of Art and Design (ACAD), Southern Alberta Institute of Technology (SAIT), the North Hill Shopping Centre and the University of Calgary ! Mount Royal University and the upscale Chinook shopping center lie an uninterrupted 10-minutes-drive away from the property. Access to the Trans Canada Highway is a mere 5-minutes-drive away, allowing for a ready get-away to the Banff National Park. This property was PREVIOUSLY zoned RC-2 BUT HAS BEEN REDESIGNATED AS MU-1 and one can build a 4-Storey building with mixed COMMERCIAL AND RESIDENTIAL USES. Design/Build your office or retail workspace with residential apartments on upper levels. THIS IS A FABULOUS LOCATION CLOSE TO CROWCHILD TRAIL AND HIGHLY VISIBLE FROM BOTH SIDES OF CROWCHILD TRAIL AND JUST ACROSS FROM DESIRABLE COMMUNITY OF PARKDALE. Highly accessible LOCATION -- Walking distance to Foothills Hospital, the University of Calgary and other important destinations in the area. Approved for up to 16 metre height and 4.0 FAR. Call for more details. PROPERTY IS CURRENTLY OCCUPIED BY 2 SEPARATE RENTERS (UP/DOWN) and provides revenue while you are planning your new development.
Site Influences
  • Park
  • Schools Nearby
  • Playground
  • Pool
  • Shopping Nearby
  • Back Lane
  • Landscaped
  • Level
  • See Remarks

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Listed By: RE/MAX REAL ESTATE (CENTRAL)

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