Attention Developers and Investors! This rare property is now available, offering a prime revenue source or a future development site. Both sides of the duplex, #37 and #41, are being sold simultaneously, each with its own title. Situated on a lot measuring 50 feet wide by 137 feet deep with convenient back lane access, this property presents an excellent investment opportunity. Additionally, the neighboring property, #43, is also available, providing a developer the chance to acquire 100 feet of unobstructed views of downtown and the Stampede grounds – perfect for watching fireworks during Stampede. The first side of the duplex boasts a north-facing living room, allowing residents to soak in the stunning views. It features a cozy gas fireplace, a spacious dining area, and a well-appointed kitchen. The primary bedroom has been extended by removing a wall to a second bedroom, creating a charming nighttime reading area. This floor is completed by a second bedroom, a four-piece bathroom, and a convenient laundry area. The developed basement offers a large family room, an additional bedroom or office space, and ample storage and workspace for the handyman. Whether you choose to keep the basement as is or renovate to suit your personal needs, this area provides significant potential. The backyard features a south-facing deck, ideal for enjoying a glass of wine on summer nights. Additionally, the heated double detached garage provides plenty of space for cars or hobbies. The second side of the duplex is an excellent rental property, featuring a spacious living room, an open kitchen, and three bedrooms all on the main level. A four-piece bathroom completes this floor. The unfinished basement presents an opportunity to design and build according to your needs. Outside, a south-facing deck offers a pleasant space for summer relaxation, and a storage shed provides a place for all your gardening supplies. Don't miss out on this rare opportunity to invest in a property with immense potential. Whether you're looking to generate revenue or develop a site with stunning downtown views, this duplex, along with the adjacent property, offers endless possibilities.
Data was last updated July 6, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
25
Avg list price:
$1,299,999
Min list price:
$265,000
Max list price:
$4,199,999
Avg days on market:
29
Min days on market:
1
Max days on market:
164
Avg price per sq.ft.:
$601.16
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
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