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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:25325)
| MLS® Number | A2290081 |
| Property Type | Multi-family |
| Community Name | Bankview |
| Features | See Remarks |
| Parking Space Total | 4 |
| Plan | 3909r |
| 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 Sqft |
| Total Finished Area | 1846.57 Sqft |
| Other | |
| Parking Pad | |
| Attached Garage | 1 |
| 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 |
| Level | Type | Length | Width | 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 |
https://www.realtor.ca/real-estate/29426677/1607-25-avenue-sw-calgary-bankview
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