Skip to content
Renanza Realty
For sale

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

Listing 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.

Estimated monthly payment$5,467 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

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.