1407 28 Street SW
Calgary, Alberta
MLS® A2331540
$950,000
- Status
- Active
- Property type
- House
- MLS® number
- A2331540
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1947
1 / 39Listing description
Attention developers, builders and investors - this is a rare opportunity to secure an exceptional redevelopment site in Shaganappi, one of Calgary’s most established and strategically located inner-city communities. Situated on an approximately 47' x 150' M-C2 zoned lot, the property checks the boxes investors look for: scale, zoning, transit, holding income and a head start on redevelopment, with a Development Permit application already submitted for a proposed 10-unit multi-residential project. The existing residence and legal one-bedroom basement suite provide holding income while the redevelopment process moves forward.
The location is equally compelling - just one block from the LRT, minutes from downtown, and close to Westbrook Mall, parks, schools, recreation and everyday amenities. With the zoning, income and redevelopment work already in motion, the groundwork has been laid - the next owner gets to capitalize on the opportunity.
Property summary
- MLS® number
- A2331540
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,072 sq ft
- Title
- Freehold
- Land size
- 654 square meters
- Built in
- 1947
- Annual property taxes
- $5,552.00
- Parking
- 1 space · Other
- Days on market
- 26 days
Features & details
- Heating
- Forced air
- Cooling
- None
- Basement
- Finished, Full, Separate entrance, Suite
- Flooring
- Vinyl
- Appliances
- Refrigerator, Dishwasher, Stove, Washer & Dryer
- Lot features
- See remarks, Back lane
- Community features
- Golf Course Development
- Architectural style
- Bungalow
What would this home cost you?
Based on the $950,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal LePage METRO, CALGARY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.