| DC-1 with Permitted Use of MU-1 (MU-1f8h75) | Upper Units: 3 bedrooms, 1 bathroom each | Each unit has its laundry facilities | Walk-out Basement Suites | Backing onto Park | Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.
Address |
5706 2 Street SW |
List Price |
$1,249,990 |
Property Type |
Residential |
Type of Dwelling |
Full Duplex |
Area |
Calgary CC |
Sub-Area |
Manchester |
Bedrooms |
8 |
Bathrooms |
4 |
Floor Area |
2,072 Sq. Ft. |
Lot Size |
6253 Sq. Ft. |
Year Built |
1968 |
MLS® Number |
A2162576 |
Listing Brokerage |
CIR Realty
|
Basement Area |
Separate/Exterior Entry, Finished, Full, Suite, Walk-Out To Grade |
Postal Code |
T2H 1Y6 |
Zoning |
DC |
Site Influences |
Back Lane, Backs on to Park/Green Space, Back Yard, Gentle Sloping, Landscaped, Schools Nearby, Shopping Nearby, Walking/Bike Paths, Playground, Rectangular Lot, Sidewalks, Street Lights |