3750 7 Avenue NW
Calgary, Alberta
MLS® A2340475
$1,175,000
- Status
- Active
- Property type
- House
- MLS® number
- A2340475
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1953
1 / 5Listing description
RARE PARKDALE DEVELOPMENT OPPORTUNITY – APPROVED 8-UNIT DEVELOPMENT PERMIT! An exceptionally rare opportunity for a CORNER lot in the highly sought-after inner-city community of Parkdale. This property comes with an APPROVED DEVELOPMENT PERMIT FOR AN 8-UNIT MULTI-RESIDENTIAL DEVELOPMENT—an increasingly difficult approval to replicate under Calgary's evolving planning policies.
For builders, developers and investors, the value here is in the existing approval. With the development permit already secured, this property offers a significant head start. Opportunities of this nature have become extremely scarce, especially in one of Calgary's most desirable inner-city communities.
Parkdale continues to be one of Calgary's most desirable redevelopment communities, offering excellent proximity to the Bow River pathway system, Foothills Medical Centre, Alberta Children's Hospital, University of Calgary, Market Mall, schools, parks and downtown Calgary. The location provides an outstanding combination of inner-city convenience, established neighborhood character and long-term redevelopment appeal. Whether you're a developer looking for your next project or an investor seeking a scarce inner-city land opportunity, properties with this level of development potential and existing approval rarely become available.
Property summary
- MLS® number
- A2340475
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,068 sq ft
- Title
- Freehold
- Land size
- 557 square meters
- Built in
- 1953
- Annual property taxes
- $6,274.00
- Parking
- 2 spaces · Detached Garage
- Days on market
- 19 days
Features & details
- Heating
- Forced air
- Cooling
- None
- Basement
- Finished, Full
- Flooring
- Hardwood
- Appliances
- Stove, Range
- Exterior features
- Brick, Stucco
- Lot features
- Back lane
- Architectural style
- Bungalow
What would this home cost you?
Based on the $1,175,000 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 TREC The Real Estate Company, 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.