pillar/IMG-A2181503_1.jpg
23 days on Market

1614 3 St, Calgary, Alberta T2M 2X8

Detached
3
1
~1148.30 sqft
$899,900
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Detached
3
1
~1148.30 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$783/sqft

Est. Mortgage$3,865/mo

Tax Amount (2024)$3,619/yr

Days On Market23 days


Description

Builder's Alert!! Excellent opportunity to develop a Multi-unit project in Crescent Heights with MC1 Zoning. Included in the sale are the DP and a full set of Architectural drawings for building 4 units (2 in the front, 2 in the back). DP is approved by the City. This lot offers you 5202 sq feet in the Lot size. This proposed design features 2 or 3 bedroom units with the potential legalized basement suite to capture the maximum in the investment return. 2 storey unit offers 1080 square feet for the top 2 levels, and 525 square feet Basement suite to be legalized with required permits. Opportunity knocks that it is a Rare opportunity to purchase a MC1 zoning property under 1 million and the owner has gone through 1 year process to get the DP approved by the City.


Property Details

Style1 and Half Storey
View-
Age of property1910
SqFt~1148.30 SqFt
Lot Size-
Parking Spaces2
MLS ®NumberA2181503
Community NameCrescent Heights
Data SourcePILLAR 9
Listing byJessica Chan Real Estate & Management Inc.

Features

Heating: Forced Air,Natural Gas
Basement: Finished,Full

Main Floor

Living Room

16`11" x 10`0"

Kitchen

14`0" x 9`11"

Dining Room

12`11" x 10`0"

Sunroom/Solarium

10`1" x 5`3"


Features

Patio: Rear Porch

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property listed by Jessica Chan Real Estate & Management Inc., Brokerage
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Population and Demographics

Overview

Total population 5486
Average household income $145,563

Age (%)

20 to 34
32%
35 to 49
25%
50 to 64
18%
65 and plus
13%
0 to 19
12%

Household composition (%)

Single person
50%
Single family
42%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
79%
Yue (Cantonese)
5%
Mandarin
3%
Spanish
3%
French
2%
Others
2%
Arabic
1%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Renters
57%
Owners
43%

Schools and amenities

Estimated Budget