Exceptional Investment Opportunity: 6-Plex-Bungalow House with 3 Attached Townhouses in Prime Mount Royal Location!Introducing a unique and remarkable 6-plex at 1003 Cameron Ave SW, perfectly nestled in the sought-after Lower Mount Royal neighbourhood. This prime real estate boasts an unbeatable location, just steps away from the vibrant heart of 17th Ave SW, making it a coveted choice for savvy investors and visionary developers alike.This exceptional property features a spacious bungalow house with three bedrooms alongside three additional attached townhouses, all fully rented, ensuring immediate revenue generation. The main of the bungalow house floor unit showcases a bright living room, a charming dining area, a well-equipped kitchen, a sunroom, and a full bathroom. The fully developed basement further enhances the property's appeal by including two separate, self-contained units: one 2-bedroom and one 1-bedroom, each equipped with its own kitchen and bathroom. Collectively, the property generates an impressive income of $12, 000 per month, with abundant potential for even higher returns.The three townhouses, accessible from Royal Ave, are in excellent condition and designed for tenant appeal, featuring configurations that include one townhouse with three bedrooms and 1.5 bathrooms, while the others offer two bedrooms each, with either 1.5 or 1 bathroom. All units come with unobstructed downtown views.Spanning an expansive 6, 921.19 sq ft, the lot is zoned M-C2, offering substantial development potential of up to 5 stories. With no maximum density for the site, current zoning allows for a building size of up to 17, 230 sq ft and a maximum height of 16.0m (52.5 ft), making this property a haven for ambitious developers eager to innovate.Additional Highlights:Parking On-Site: Convenient on-site parking for tenants and guests, enhancing the property's appeal.Unique Access Points: Access from 9th Street, Royal Ave, and Cameron Ave ensures easy entry for residen ts.Natural Parkade Opportunities: The lots advantageous slope creates a cost-effective opportunity for a natural parkade entrance along Cameron Ave.With a solid monthly rental income and significant potential for appreciation, this investment is truly attractive in a blue-chip location with breathtaking views. Additionally, there is ample room to explore possibilities for condominium conversion or enhanced revenue streams. After years of ownership since the 1950s, this developer-friendly seller is open to creative insightsdont miss out on this fantastic investment opportunity! (id:55598)
- MLS® A2180824
- Date Listed11/24/2024
- Days on Realty 20 Days
- Bedrooms 12
- Bathrooms 2 Half baths
- Lot Size -
- Subdivision Lower Mount Royal
- Year Built 1950
- Square Feet 4,356 sq. ft
- Price Per Sq. Ft $594.64
Interior Features
- Appliances Washer, Refrigerator, Range - Electric, Dishwasher, Dryer, Microwave Range Hood Combo, Washer/ Dryer Stack- Up
- Flooring Carpeted, Ceramic Tile
- Cooling None
- Heating Other, Forced Air, Natural Gas
Exterior / Lot Features
- Roof -
- Lot Size Acres -
- Lot Size SQFT -
- Lot Features -
Nearby Schools
Source: School Digger
Sales & Tax History
Source: Public Records
100/100
Walker's Paradise
Walk Score ®
80/100
Excellent Transit
Transit Score ®
96/100
Biker's Paradise
Bike Score ®
Overview
Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.Transit Summary
37 nearby routes: 35 bus, 2 rail, 0 other
Walkability averages in the surrounding area
The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 56/100, Bike Score: 78/100.
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Frequently Asked Questions for 1003 Cameron Avenue SW
Source: Realty.com
1003 Cameron Avenue SW, Calgary, AB T2T0K2 is a Townhouse, Residential property listed for $2,590,000 The property is 4356 sq. ft with 12 bedrooms and 8 bathrooms
Realty.com has 50 photos of 1003 Cameron Avenue SW.
Our records indicate that 1003 Cameron Avenue SW was built in 1950.
The full address for this home is 1003 Cameron Avenue SW, Calgary, AB T2T0K2.
1003 Cameron Avenue SW has been listed on Realty.com since Sun November 24, 2024
Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 68/100, Transit Score: 56/100, Bike Score: 78/100.
Listing provided courtesy of:
eXp Realty
(tel: (403) 262-7653)
Listing agent:
Sylvia Wong
(tel: (403) 617-7500)
This content last refreshed on 2024-12-14 01:47:15. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1003 Cameron Avenue SW, Calgary, AB T2T0K2 : MLS® A2180824