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Cheryl Talbot - THE REAL ESTATE COMPANY LTD.
11, 5080 - 12A STREET S.E., Calgary, Alberta
P: 403-860-6699
F: 403-592-9294
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Cheryl Talbot
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TelephoneOffice Phone:
403-860-6699
TelephoneMobile Phone:
403-860-6699
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403-592-9294
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Listing Details

For more information on this listing or other please contact me.

Data was last updated 2024-10-05 at 00:15:05 GMT
$1,249,990

5706 2 Street SW   Calgary, Alberta

MLS®: A2162576
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| 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.
| 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.

Listing Information

Prop. Type:
Full Duplex
Property Style:
Bi-Level
Status:
Active
City:
Calgary
Bedrooms:
8
Full Bathrooms:
4
Neighbourhood:
Manchester
Area:
Calgary
Province:
Alberta
MLS® Number:
A2162576
Listing Price:
$1,249,990

General Information

Year Built:
1968
Total Square Feet:
2072ft2

Additional Information

Basement Dev:
Separate/Exterior Entry, Finished, Full, Suite, Walk-Out To Grad
Parking:
Parking Pad

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This property is listed by CIR Realty and provided here courtesy of Cheryl Talbot. For more information or to schedule a viewing please contact Cheryl Talbot.
Cheryl Talbot
THE REAL ESTATE COMPANY LTD.
Phone: 403-860-6699
Mobile Phone: 403-860-6699
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
This site's content is the responsibility of Cheryl Talbot, licensed Salesperson(s) in the Province of Alberta.
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The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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