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Robin Clegg

home@robinclegg.com +1(587) 818-5745

$ 725,000

Est. payment -/mo

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936 40 ST SW Calgary, AB T3C 1W3

4 Beds

2 Baths

890 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 890.0

Square Footage 890 sqft

Price per Sqft $814

Subdivision Rosscarrock

MLS Listing ID A2269306

Style Bungalow

Bedrooms 4

Full Baths 2

Year Built 1958

Lot Size 6,098 Sqft

Property Sub-Type Detached

Property Description

Attention investors and developers, secure your future in one of Calgary's most rapidly evolving inner city communities, perfectly situated on a premium 6253 sq ft lot, close to transit and all amenities. This oversized lot boasts an R-CG zoning, making it a great fit for future multi family redevelopment, or large detached/semi detached build subject to city approval. This property currently functions as a revenue generating investment, offering immediate holding income to help offset development costs while plans are finalized or a fantastic investment property to buy and hold for the long term. The current setup is ideal for dual occupancy, featuring separate front entrances leading to the main level and another to the illegal lower suite. Both the upper and lower units are well configured, each providing two comfortable bedrooms, a spacious four piece bathroom, an open living room, and functional kitchen, with shared laundry facilities conveniently located between the two levels. The home offers separate electric meters, and a thermostat controlled gas fireplace in the basement making both levels comfortable and the management of tenants utilities simple.

Heading outside this home offers a large private yard with a single detached garage, currently being rented month to month, and loads of parking due to the front driveway in addition to parking off the back lane access. This fantastic location in the mature community of Rosscarrock is unbeatable for commuters, offering quick access to downtown, LRT station, Bow Trail, and the nearby Westbrook Mall. The blend of revenue generation, high development potential, and prime inner city access makes this property adaptable to many different configurations. Call today for your private showing!

Location

Province AB

County Cal Zone W

Community Shopping Nearby, Sidewalks

Zoning R-CG

Rooms

Basement Full

Interior

Interior Features Laminate Counters, Separate Entrance

Heating Forced Air

Cooling None

Flooring Carpet, Laminate

Fireplaces Number 1

Fireplaces Type Basement, Gas

Inclusions basement refrigerator, basement electric stove

Laundry Common Area, Lower Level

Exterior

Exterior Feature Private Entrance, Private Yard

Parking Features Single Garage Detached

Garage Spaces 1.0

Fence Fenced

Community Features Shopping Nearby, Sidewalks

Roof Type Shingle

Building

Lot Description Back Lane, Back Yard, City Lot, Front Yard, Interior Lot, Level, Rectangular Lot

Dwelling Type House

Story One

Foundation Poured Concrete

New Construction No

Listed by Boutique Real Estate Group Inc.

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Contact Us

+1(587) 818-5745

home@robinclegg.com

http://www.robinclegg.com