$3,200,000
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535, 533 24th Avenue NW, Calgary, AB T2M1X4

- Beds
0 Baths
1,100 Sq Ft

Attention Builders & Investors this is a prime, inner city, Mount Pleasant 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 length, 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. Excellent multi-family residential redevelopment opportunity. There is a proposed development plan 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. There is a 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 for new owner 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 zonings 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 a multi-family project or hold onto these inner-city Calgary properties with solid revenue generation for future redevelopment. Existing properties are revenue-generating side-by-side properties with South-facing backyards with garage/alley access. Note: Total SQFT / Building Area is the combined RMS measurements of the existing homes.535 & 533 24th (built 1950) Avenue NW is a renovated bungalow with a legal lower-level suite. Main floor offers 1100 + sqft 2 bedrooms, dining room, living room, kitchen + a 4-piece bathroom. Lower-level legal suite with a separate entrance offers 1000+ sqft of living area, 1 bedroom, dining room, kitchen, living room + a 4-piece bathroom. 531 24th Avenue NW (built 1947) is a renovated 2-storey offering 2565 sqft above grade with 1 legal & 2 illegal suites, all in great condition. The main floor legal suite is 1470 sqft with hardwood floors, 2 bedrooms, a 5-piece bathroom, and a wood-burning fireplace. The upper-level illegal suite is 1100 sq ft with a living, dining room, 2 bedrooms, and a den with a private entrance. The lower-level illegal suite is 975 sqft, also with a separate entrance. Develop the proposed plan, 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® A2143418
  • Date Listed06/21/2024
  • Days on Realty 90 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Mount Pleasant
  • Year Built 1950
  • Square Feet 1,100 sq. ft
  • Price Per Sq. Ft $2909.09

Interior Features

  • Appliances Refrigerator, Dishwasher, Stove, Window Coverings, Washer/ Dryer Stack- Up
  • Flooring Carpeted, Ceramic Tile, Laminate
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features Fruit trees, Landscaped

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in AB / T2M1X4

Source: Walkscore

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.

Points of interest near 535, 533 24th Avenue NW, Calgary, AB T2M1X4

Frequently Asked Questions for 535, 533 24th Avenue NW

Source: Realty.com

535, 533 24th Avenue NW, Calgary, AB T2M1X4 is a Multi Family, Residential Income property listed for $3,200,000 The property is 1100 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 35 photos of 535, 533 24th Avenue NW.

Our records indicate that 535, 533 24th Avenue NW was built in 1950.

The full address for this home is 535, 533 24th Avenue NW, Calgary, AB T2M1X4.

535, 533 24th Avenue NW has been listed on Realty.com since Fri June 21, 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) 250-2882)

This content last refreshed on 2024-09-19 07:44:44. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 535, 533 24th Avenue NW, Calgary, AB T2M1X4 : MLS® A2143418