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1607 25 Avenue Sw Calgary, Alberta T2T 0Z9

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$1,285,000

MLS® Number: A2290081
2 1 4

Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities.Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities.The property is currently improved with a bungalow duplex configuration: one side is tenant-occupied, and the other side includes an illegal basement suite and is presently vacant, offering immediate flexibility for investors or future planning.The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years.An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals. (id:59126)

Property Details

MLS® Number A2290081
Property Type Multi-family
Community Name Bankview
Features See Remarks
Parking Space Total 4
Plan 3909r

Building

Bathroom Total 1
Bedrooms Above Ground 2
Bedrooms Total 2
Appliances None
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type Full (finished)
Constructed Date 1950
Construction Material Poured Concrete, Wood Frame
Construction Style Attachment Attached
Cooling Type None
Exterior Finish Concrete
Flooring Type Hardwood
Foundation Type Poured Concrete
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 1
Size Interior 1,847 Ft2
Total Finished Area 1846.57 Sqft

Rooms

Level Type Dimensions
Main Level Living Room/dining Room 23.50 Ft x 13.50 Ft
Main Level Other 10.83 Ft x 7.50 Ft
Main Level Primary Bedroom 11.50 Ft x 11.00 Ft
Main Level Bedroom 11.00 Ft x 9.00 Ft
Main Level 4pc Bathroom Measurements not available

Land

Acreage No
Fence Type Not Fenced
Size Depth 32.66 M
Size Frontage 22.97 M
Size Irregular 745.00
Size Total 745 M2|7,251 - 10,889 Sqft
Size Total Text 745 M2|7,251 - 10,889 Sqft
Zoning Description M-cg D72

Parking

Other
Parking Pad
Attached Garage 1

https://www.realtor.ca/real-estate/29426677/1607-25-avenue-sw-calgary-bankview

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