$899,111

Listing currency: CA$1,249,990

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5706 2 Street Sw Calgary, Canada

\ DC-1 with Permitted Use of MU-1 (MU-1f8h75) \ Upper Units: 3 bedrooms, 1 bathroom each \ Each unit has its laundry facilities \ Walk-out Basement Suites \ Backing onto Park \ Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.

Amenities

  • Bedrooms: 8
  • Full Bathrooms: 4
  • Partial Bathrooms: 0
  • Property Type: Single Family
  • Architectural Style: Bi-Level, Side by Si
  • Home size: 2,072 ft2 / 192.49 m2
  • MLS: A2162576
  • Web ID: CUTKFK
  • Status: Available

Property brokered by

CIR REALTY

(403) 294-1500

Get more listing details on brokerage site

Presented by Paul Bal

  • (403) 617-5761
  • (403) 294-1500 (Office Phone)

Contact Paul Bal

Contact Agent

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