107 40 AVE NE, Calgary, AB T2E2M6 - MLS#A2256063 - Michael Smith

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Michael Smith

michael@mstrealty.ca +1(403) 919-2247

$ 999,900

Est. payment | -/mo

4 Beds

4 Baths

1,219 SqFt

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$ 999,900

Est. payment | -/mo

Save Virtual Tour

4 Beds

4 Baths

1,219 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1219.82

Square Footage 1,219 sqft

Price per Sqft $820

Subdivision Highland Park

MLS Listing ID A2256063

Style Bungalow

Bedrooms 4

Full Baths 3

Half Baths 1

HOA Y/N No

Year Built 1910

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Detached

Property Description

Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. There is potential to purchase the neighbouring property 4019 Centre A St NE that was also rezoned M-H1 - see rendering in photos which encapsulates both lots. Call for more information.

Location

Province AB

County 0046

Community Golf, Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Area Cal Zone Cc

Zoning M-H1

Rooms

Basement Finished, Full, Suite, Walk-Out To Grade

Interior

Interior Features Beamed Ceilings, Ceiling Fan(s), Chandelier, Laminate Counters, Storage, Vaulted Ceiling(s)

Heating Forced Air

Cooling None

Flooring Carpet, Linoleum

Fireplaces Number 1

Fireplaces Type Gas, Living Room, Masonry, Raised Hearth

Fireplace Yes

Appliance None, See Remarks

Laundry In Basement

Exterior

Exterior Feature Balcony, Private Yard

Parking Features Double Garage Detached, Driveway, Off Street, Paved

Garage Spaces 2.0

Fence Partial

Community Features Golf, Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights

Roof Type Asphalt Shingle

Porch Balcony(s), Patio

Total Parking Spaces 5

Garage Yes

Building

Lot Description Back Lane, Back Yard, Backs on to Park/Green Space, Corner Lot, Rectangular Lot, Sloped, Treed

Dwelling Type House

Faces N

Story One

Foundation Poured Concrete

Architectural Style Bungalow

New Construction No

Others

Restrictions Airspace Restriction

Virtual Tour 2 https://youriguide.com/3lnzn_107_40_ave_ne_calgary_ab/

Virtual Tour https://youriguide.com/3lnzn_107_40_ave_ne_calgary_ab/

Listed by Royal LePage Benchmark

+1(403) 919-2247

michael@mstrealty.ca

#700-1816 Crowchild Trail NW, Calgary, AB, T2M 3Y7, CAN

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