Calgary, AB T2E2Y9,4220 Centre Street NE
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Calgary, AB T2E2Y9,4220 Centre Street NE
Calgary, AB T2E2Y9,4220 Centre Street NE
Calgary, AB T2E2Y9,4220 Centre Street NE
Calgary, AB T2E2Y9,4220 Centre Street NE
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$ 975,000
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4220 Centre Street NE Calgary, AB T2E2Y9

3 Beds

1 Bath

1,054 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 1,054 sqft

Price per Sqft $925

Subdivision Highland Park

MLS® Listing ID A2181615

Style Bungalow

Bedrooms 3

Originating Board Calgary Real Estate Board

Year Built 1953

Lot Size 5,801 Sqft

Acres 5801.0

Property Description

BUILDERS AND INVESTORS CORNER LOT - Located in the heart of Highland Park, this corner lot spans 5,801 square feet and presents an exceptional investment opportunity. Supported by the City of Calgary, Development Permit (DP) and rezoning applications are already underway, guided by an approved community master plan. With MU-1 zoning potential, this property allows for main-floor commercial use with up to six stories of residential above.Positioned on a busy road, the property ensures excellent visibility for commercial ventures. It also benefits from NE Calgary’s lower property taxes and CMHC financing availability, making it a strategic financial choice. Included in the deal are architectural drawings that have been reviewed and supported by the City of Calgary, with city comments regarding proposed development available upon request.With a $3.5 million valuation, this lot sits in a highly visible and vibrant stretch with multiple other development opportunities along the same street. Its location and approved potential make it a standout choice for developers and investors alike. Proximity to the proposed Green Line only adds to its long-term appeal, presenting a rare opportunity to be part of a growing and dynamic community. (id:24570)

Location

Province AB

Rooms

Extra Room 1 Main level 11.42 Ft x 8.17 Ft Bedroom

Extra Room 2 Main level 9.83 Ft x 6.25 Ft 4pc Bathroom

Extra Room 3 Main level 9.83 Ft x 8.67 Ft Bedroom

Extra Room 4 Main level 10.08 Ft x 8.17 Ft Dining room

Extra Room 5 Main level 9.92 Ft x 11.33 Ft Kitchen

Extra Room 6 Main level 14.92 Ft x 14.42 Ft Living room

Interior

Heating Forced air

Cooling None

Flooring Laminate

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

Fence Not fenced

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold


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Listed by Charles

Chelsea Mann

Advisor | License ID: 2196

+1(250) 852-0977

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4220 Centre Street NE