Listing Provided Courtesy Of:
RE/MAX HOUSE OF REAL ESTATE
Address
2224 34 Avenue SW Calgary, AB
Price
$ 1,550,000
Property Attributes
  • ID#A1165283
  • TypeMulti-Family
  • CityCalgary
  • AreaCalgary - Zone CC
  • NeighbourhoodSouth Calgary
  • Postal CodeT2T 2C6
  • Style4 plex
  • Price$ 1,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2168
  • Lot Size6,943 SqFt
Listing Provided Courtesy Of:
RE/MAX HOUSE OF REAL ESTATE
Data Source:
Pillar 9 Technologies
Property Description

Rare opportunity for future redevelopment of prime M-U1 zoned property in the heart of Marda Loop. MU-1 zoning allows for the option of commercial or residential at grade with condos on the floors above. Currently zoning allows for 16.0 m of height and a FAR of 3. The 2224 property features a solid 4 plex in very good condition that would help with carrying costs while plans are put into place for future redevelopment. The 2224 lot is 62 ft. by 112 ft. and is being sold with the neighbouring property at 2230 34 Ave SW. The two lots combine for 125 ft. frontage and close to 14000 sq. ft. of prime development land. There may also be an opportunity to add another 1 lot for over 20000 sq. ft. or or possibly even 2 more lots for over 25000 sq. ft. for all 4 neighbouring lots. An environmental study report was completed for the 2230 property with no concerns for redevelopment. Previous plans for the 2230 property were accommodated with current sewer and water availability (no upgrade in the street) and Hydro was underground to building. Don't let the chance to purchase & develop such a great assembly in one of Calgary's most popular communities pass you by.

Price History
12/18/2021 Listed $1,550,000

General Features

District CAL Zone CC
Parking Total 7
Property SubType 4 plex
Property Type Multi-Family
Public Remarks Rare opportunity for future redevelopment of prime M-U1 zoned property in the heart of Marda Loop. MU-1 zoning allows for the option of commercial or residential at grade with condos on the floors ab
Structure Type Four Plex
Subdivision Name South Calgary
Transaction Type For Sale
Zoning MU-1 f3.0h16

Interior Features

Below Grade Finished Area 2062.00
Building Area Total Metres 0.00
Building Area Total Sf 0.00
Main Level Areas SquareFeet
Main Level Finished Area 2168.00
Main Level Finished Area Metres 201.41
Main Level Finished Area Sf 2168.00
Main Level Finished Area Srch Sq 2168.00

Exterior Features

Building Area Total 0.00
Frontage Length 18.89M 62`0
Inclusions 4 sets of refrigerators, electric stoves, hood fans, washers, dryers and all window coverings.
Lot Size Acres 0.16

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in T2T 2C6

Price
AVG $1.55M
$1.55M
Visits
AVG 275
278
Year Built
AVG 1979
1979
Walkscore
AVG 74
74
Data Provided by Walkscore ® not using MLS data