2731 17 Street Northwest, Calgary, Alberta T2M3S5

Listing courtesy of Real Broker.

$980,000
4
BD
3
BA
1,708
SqFt

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List Price
$980,000
MLS®
A2344650
Days on Market
0
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Bedrooms
4
Bathrooms
3
Living Area
1,708
Lot Size Dimensions
747.00
Lot Size
747
Subdivision
Capitol Hill

Property Description

2731 and 2733 17 Street NW is a full duplex on 8,041 square feet of R-CG land in Capitol Hill, offered as one non-subdivided title. Both sides are included in the sale, and both will be vacant at possession.For an income buyer, this is two separate doors on a single title in one of Calgary's most reliably rented neighbourhoods. The University of Calgary, SAIT, Foothills Medical Centre and the Alberta Children's Hospital are all within minutes, and demand in this pocket has been steady for decades. With both units empty, rents are set at today's market rather than inherited from the last agreement.For a builder, the land is the opportunity. Roughly 41 feet of frontage opens to a wide, irregular parcel that runs back to the lane, one of the larger holdings on the block and still under single ownership. R-CG zoning supports a range of infill forms, including semi-detached and rowhouse product with secondary suites, subject to City of Calgary approval and independent due diligence. No assembly to negotiate, and no tenancy to work around.There is also a middle path. Lease both sides while approvals and drawings run their course, then build on your own timeline.The setting supports either plan. The rear lane T's onto Confederation Park Golf Course, a few steps from the 9th green, on a quiet cul-de-sac lined with mature trees. Capitol Hill has held its value through every cycle Calgary has run, and inner-city parcels of this size rarely come to market undivided. (id:5764)

Additional Information

Ownership
Freehold
Subdivision
Capitol Hill
Parking Spaces
2
Construction Materials
Wood frame
Cooling
None
Country
Canada
Flooring
Concrete, Hardwood, Laminate
Heating
Forced air
Lot Features
Cul-de-sac, Back lane
Architectural Style
Bungalow
Total Number Of Units
2
Stories
1
Lot Size
747

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Calculator source: Real Geeks