24 days on Market

5706 2 St, Calgary, Alberta T2H 1Y6

$1,249,990
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Detached
4 + 4
4
~2072.15 sqft

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Highlights

Estimated Value$923,000*

Price/Sqft$603/sqft

Est. Mortgage$5,368/mth

Tax Amount (2024)$4,919/yr

Days On Market24 days

*Last updated on: 24/09/22

Description

| 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.


Property Details

StyleBi-Level,Side by Side
View-
Age of property1968
SqFt~2072.15 SqFt
Lot Size-
Parking Spaces4
MLS ®NumberA2162576
Community NameManchester
Data SourcePILLAR 9

Features

Heating: Forced Air,Natural Gas
Basement: Separate/Exterior Entry,Finished,Full,Suite,Walk-Out To Grade

Main Floor

Bedroom

13`0" x 10`0"

Bedroom

13`5" x 8`11"

Bedroom

13`4" x 8`11"

Bedroom

13`1" x 10`0"


Features

Patio: Balcony(s)

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Now
ListedFor Salefor$1,249,990Active
24 days on market
Listing by pillar®
history photo preview36
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Property listed by CIR Realty, Brokerage
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