Map location of 531 24th Avenue NW, Calgary, AB T2M1X4
$3,200,000
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531 24Th Avenue Nw, Calgary, AB T2M1X4

 Contact
- Beds
0 Baths
2,565 Sq Ft

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 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 + illegal upper-level suite(s) + 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)

Listing By: Kathryn Bogala - Century 21 Bravo Realty
Listing provided courtesy of Canadian Real Estate Association
  • MLS® A2143394
  • Date Listed06/21/2024
  • Days on Realty 128 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Subdivision Mount Pleasant
  • Year Built 1947
  • Square Feet 2,565 sq. ft
  • Price Per Sq. Ft $1247.56

Interior Features

  • Appliances Gas stove(s), Dishwasher, Stove, Window Coverings, Washer/ Dryer Stack- Up
  • Flooring Hardwood
  • Cooling Central Air Conditioning
  • 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

Mount View School

Public • 7 - 9

32.19 km

Distance

St. Angela School

Public • 7 - 9

32.19 km

Distance

Branton School

Public • 7 - 9

32.19 km

Distance

Simon Fraser School

Public • 7 - 12

32.19 km

Distance

Emily Follensbee School

Public • 5 - 9

32.19 km

Distance

Sir Winston Churchill High School

Public • 7 - 12

32.19 km

Distance

Monsignor Neville Anderson School

Public • 5 - 9

32.19 km

Distance

Simons Valley School

Public • 5 - 9

32.19 km

Distance

Bishop Carroll High School

Public • 5 - 9

32.19 km

Distance

F. E. Osborne Junior High School

Public • 7 - 12

32.19 km

Distance

Colonel Sanders School

Public • 10 - 12

32.19 km

Distance

North Haven School

Public • 10 - 12

32.19 km

Distance

Connaught School

Public • 10 - 12

32.19 km

Distance

St. Mary's Senior High School

Public • 9 - 12

32.19 km

Distance

Briar Hill School

Public • 10 - 12

32.19 km

Distance

Earl Grey School

Public • 10 - 12

32.19 km

Distance

Chinook Learning Services, Erlton Campus

Public • 10 - 12

32.19 km

Distance

Sunalta School

Public • 10 - 12

32.19 km

Distance

Elbow Park School

Public • 10 - 12

32.19 km

Distance

Alexander Ferguson School

Public • 10 - 12

32.19 km

Distance

Foundations for the Future Charter Academy - North Middle School Campus

Private • PK - 9

20 km

Distance

Stanley Jones School

Private • PK - 9

20 km

Distance

Children's Village School

Private • PK - 6

20 km

Distance

Calgary Arts Academy — Knob Hill Campus

Private • K - 3

20 km

Distance

Clear Water Academy

Private • PK - 12

20 km

Distance

St. Rita School

Private • K - 6

20 km

Distance

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 531 24th Avenue NW, Calgary, AB T2M1X4

96 m

Distance

160 m

Distance

252 m

Distance

160 m

Distance

252 m

Distance

170 m

Distance

Mount Pleasant Outdoor Pool, Calgary, AB, Canada

Recreation • Education Entertainment

223 m

Distance

299 m

Distance

185 m

Distance

Mount Pleasant Outdoor Pool, Calgary, AB, Canada

Recreation • Education Entertainment

223 m

Distance

0.63 km

Distance

0.65 km

Distance

0.73 km

Distance

0.73 km

Distance

162 m

Distance

252 m

Distance

0.74 km

Distance

70 m

Distance

299 m

Distance

0.55 km

Distance

0.75 km

Distance

0.76 km

Distance

Frequently Asked Questions for 531 24th Avenue NW

Source: Realty.com

531 24th Avenue NW, Calgary, AB T2M1X4 is a Multi Family, Residential Income property listed for $3,200,000 The property is 2565 sq. ft with - bedrooms and 0 bathrooms

Realty.com has 36 photos of 531 24th Avenue NW.

Our records indicate that 531 24th Avenue NW was built in 1947.

The full address for this home is 531 24th Avenue NW, Calgary, AB T2M1X4.

531 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) 809-5502)

This content last refreshed on 2024-10-27 22:56:30. 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 24th Avenue NW, Calgary, AB T2M1X4 : MLS® A2143394

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