Chris McAndrew Realtor









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Century 21 Elevate Office: 30 Springborough Blvd SW, Suite 250, Calgary, AB T3H0N9


1322 20 Avenue Nw Calgary, Alberta T2M 1G3

4 Bedroom 2 Bathroom 1259.59 sqft
Bungalow None Forced Air


Investor and Builder Opportunity: Discover an exceptional inner-city up/down duplex, presenting outstanding potential for long-term investment and future redevelopment. Nestled on an expansive 50 x 120 RC-G zoned lot, with the prospect of DC zoning due to a nearby property recently granted this status, this property strikes the perfect balance between immediate rental income and promising future growth possibilities.At present, the duplex is tenanted with a combined rental income of $3,250 per month plus utilities, and the tenants are eager to continue their leases. This makes it an ideal long-term investment opportunity. Enjoy the consistent rental income while you strategize and obtain the required permits for future development.Strategically situated, this property is within walking distance of numerous amenities, including the Southern Alberta Institute of Technology (SAIT), Confederation Park, esteemed schools, and the bustling North Hill Mall. In addition, you'll benefit from easy access to comprehensive city transit options, such as bus and LRT services, which quickly connect you to downtown Calgary and the University of Calgary in mere minutes.Please be advised that the property is being sold in "As is" condition. Don't miss this rare chance to invest in a highly sought-after inner-city location with the potential to deliver impressive returns, both now and in the future. (id:48042)

Property Details

MLS® Number A2032952
Property Type Single Family
Community Name Capitol Hill
Amenities Near By Park
Features Back Lane
Parking Space Total 4
Plan 3150p
Structure Deck


Bathroom Total 2
Bedrooms Above Ground 2
Bedrooms Below Ground 2
Bedrooms Total 4
Appliances Washer, Refrigerator, Dishwasher, Dryer
Architectural Style Bungalow
Basement Development Finished
Basement Type Partial (finished)
Constructed Date 1946
Construction Material Poured Concrete
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Concrete, Stucco
Flooring Type Hardwood
Foundation Type Brick
Heating Type Forced Air
Stories Total 1
Size Interior 1259.59 Sqft
Total Finished Area 1259.59 Sqft
Type House


Detached Garage 2


Acreage No
Fence Type Fence
Land Amenities Park
Size Depth 36.56 M
Size Frontage 15.24 M
Size Irregular 5996.00
Size Total 5996 Sqft|4,051 - 7,250 Sqft
Size Total Text 5996 Sqft|4,051 - 7,250 Sqft
Zoning Description R-cg


Basement Family Room 20.33 Ft x 13.25 Ft
Basement Kitchen 18.58 Ft x 9.42 Ft
Basement Other 10.83 Ft x 6.92 Ft
Basement Bedroom 10.58 Ft x 9.00 Ft
Basement Bedroom 11.67 Ft x 11.00 Ft
Basement Laundry Room 10.42 Ft x 10.17 Ft
Basement 4pc Bathroom 8.00 Ft x 6.83 Ft
Main Level Living Room 21.33 Ft x 14.17 Ft
Main Level Kitchen 15.25 Ft x 10.33 Ft
Main Level Primary Bedroom 14.17 Ft x 13.67 Ft
Main Level Bedroom 11.83 Ft x 9.83 Ft
Main Level Other 8.75 Ft x 4.50 Ft
Main Level Laundry Room 11.33 Ft x 10.58 Ft
Main Level 4pc Bathroom 8.17 Ft x 7.00 Ft