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403.472.3009
CHRIS.MCANDREW@CENTURY21.CA
Century 21 Elevate Office: 30 Springborough Blvd SW, Suite 250, Calgary, AB T3H0N9
1322 20 Avenue Nw Calgary, Alberta T2M 1G3
$690,000
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 |
Building
| 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 |
Parking
| Detached Garage | 2 |
Land
| 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 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| 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 |
https://www.realtor.ca/real-estate/25414706/1322-20-avenue-nw-calgary-capitol-hill
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March 30 2023 04:25:32
Calgary Real Estate Board
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