Attention developers & Investors this is a prime, inner city, Mount Pleasant land assemblage / redevelopment site with MC-2 zoning. Don't miss this RARE OPPORTUNITY which includes lots 23, 24, 25 & 26 combined, offering 100' frontage x 180' lot depth, approximately 18.000 sqft lot size or 0.41 acres. Fantastic inner-city location, close to Downtown Calgary. Properties 531 (Linc# 0019928655) along with 535 & 533 (Linc# 0019928647) 24th Avenue NW must be purchased together. Proposed development plans are for an apartment building comprising of 49 purpose built rental units 43 - 1 bed units + 3 - 2 bed + 3 bachelor units w/1 level of underground parking - 41 stalls. Land survey, geotechnical report, and ESA report available to view in the supplements, along with a recent commercial property appraisal $3.17 million (2023) of properties in their current state. Also, potential with the City of Calgary approval to rezone to build even more i.e. 75+ units with 2 levels of parking and potential commercial retail units (CRU's) at grade. MC2 is one of the highest medium-density zoning with tremendous flexibility to build commercial, multi-family, 4-6 storey apartment buildings are just some of the options with City of Calgary approval. Prime location within walking distance to Confederation Park, Mount Pleasant community amenities, schools, transit, shops & restaurants on 4th Street & 16th Ave NW. Quick commute to SAIT + Downtown Calgary, University of Calgary, Alberta Childrens Hospital & Foothills Hospital. This is an incredible opportunity to either develop the proposed multi-family development plans or develop your own vision for a dynamic multi-family project catering to Calgarys growing demand for housing or hold onto these inner-city Calgary properties with solid revenue generation for future redevelopment. Existing side by side properties currently generate $132, 600 in gross annual income offering rental income during your planning phase. Note: Total SQFT / Build ing Area is the combined RMS measurements of the existing properties. 535 & 533 24th Avenue NW (built 1950) is a renovated bungalow 1108 sqft main floor legal suite along with a 1031 sqft legal lower-level suite. 531 24th Avenue NW (built 1947) is a renovated 2-storey offering 2564 sqft above grade with a legal main floor suite + an illegal upper-level suite + 975 sqft illegal lower-level suite all in great condition. Develop the proposed plans, bring your own vision / plans to life or buy and hold - the possibilities are endless. Please do not disturb tenants/access property. Showings of properties subject to an accepted offer to purchase. (id:55598)
- MLS® A2142851
- Date Listed06/19/2024
- Days on Realty 178 Days
- Bedrooms -
- Bathrooms
- Lot Size -
- Subdivision Mount Pleasant
- Year Built 1947
- Square Feet 3,673 sq. ft
- Price Per Sq. Ft $871.22
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
80/100
Very Walkable
Walk Score ®
57/100
Good Transit
Transit Score ®
84/100
Very Bikeable
Bike Score ®
Overview
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.Transit Summary
15 nearby routes: 15 bus, 0 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 56/100, Bike Score: 77/100.
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Frequently Asked Questions for 531, 533, 535 24 Avenue NW
Source: Realty.com
531, 533, 535 24 Avenue NW, Calgary, AB T2M1X4 is a Multi Family, Residential Income property listed for $3,200,000 The property is 3673 sq. ft with - bedrooms and 0 bathrooms
Realty.com has 36 photos of 531, 533, 535 24 Avenue NW.
Our records indicate that 531, 533, 535 24 Avenue NW was built in 1947.
The full address for this home is 531, 533, 535 24 Avenue NW, Calgary, AB T2M1X4.
531, 533, 535 24 Avenue NW has been listed on Realty.com since Wed June 19, 2024
Most errands can be accomplished on foot. Many nearby public transportation options. Biking is convenient for most trips.
The average walkability score in the surrounding area is Walk Score: 66/100, Transit Score: 56/100, Bike Score: 77/100.
Listing provided courtesy of:
Century 21 Bravo Realty
(tel: (403) 250-2882)
Listing agent:
Kathryn Bogala
(tel: (403) 809-5502)
This content last refreshed on 2024-12-14 02:34:52. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 531, 533, 535 24 Avenue NW, Calgary, AB T2M1X4 : MLS® A2142851