Homes for sale - 5706 2 Street SW, Calgary, AB T2H1Y6

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Chelsea Mann

[email protected] +1(250) 852-0977

$ 1,249,990

Est. payment -/mo

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5706 2 Street SW Calgary, AB T2H1Y6

8 Beds

4 Baths

2,072 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,072 sqft

Price per Sqft $603

Subdivision Manchester

MLS® Listing ID A2162576

Style Bi-level

Bedrooms 8

Originating Board Calgary Real Estate Board

Year Built 1968

Lot Size 6,253 Sqft

Acres 6253.832

Property 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. (id:24570)

Location

Province AB

Rooms

Extra Room 1 Basement 11.67 Ft x 8.58 Ft Bedroom

Extra Room 2 Basement 11.58 Ft x 8.50 Ft Bedroom

Extra Room 3 Basement 8.42 Ft x 4.92 Ft 4pc Bathroom

Extra Room 4 Basement 8.25 Ft x 5.33 Ft 4pc Bathroom

Extra Room 5 Lower level 12.83 Ft x 16.33 Ft Primary Bedroom

Extra Room 6 Lower level 12.83 Ft x 16.25 Ft Primary Bedroom

Interior

Heating Forced air,

Cooling None

Flooring Carpeted, Hardwood, Linoleum

Exterior

Parking Features No

Fence Fence

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Lot Description Landscaped

Architectural Style Bi-level

Others

Ownership Freehold

Listed by CIR Realty

Chelsea Mann

Advisor | License ID: 2196

+1(250) 852-0977

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