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CHRIS.MCANDREW@CENTURY21.CA
Century 21 Elevate Office: 30 Springborough Blvd SW, Suite 250, Calgary, AB T3H0N9
1403 12 Street Sw Calgary, Alberta T3C 1B3
$1,425,000
A Rare Land Assembly Opportunity in an Urban-Residential setting is for sale in the heart of the Beltline.On the corner of 14th Avenue and 12th Street SW, the site overlooks a green space to the north,expansive downtown vistas to the east and is walking distance to amenities including 17th Avenue SW tothe south. If Sold together with 1407 12 Street SW (MLS # A1218993) the assembled site is 75ft x 130ft.The current land use classification is Centre City Multi-Residential High-Rise (CC-MH) which allows fivetimes (FAR 5) a total buildable area of 48,800 sqft. An increase to FAR 7, a total buildable area of 68,362sqft, may be attainable by including amenities as per the City of Calgary Land Use Bylaw 192007, Sec.11,Div 7. As either a Purpose Built Rental or as a Unit For Sale development, the site may accommodate avariety of building forms in either concrete or wood frame. A City of Calgary Pre-Application Review wascompleted in January 2023. The review is based on a proposed 49-unit development consisting of 7townhomes and 42 apartment-style homes over underground parking. The Pre-Application Review isavailable for your review upon acceptance of a Non-Disclosure Agreement (NDA). As a Holding Property,1403 operates as a character home converted to Offices and residential suites. In addition, 1407 iscurrently owner occupied and has been used as a residential rental property. It is rare to find a propertyin a desirable urban-residential development setting with potential to accommodate a variety ofpersonal Investment and Development opportunities. Please review the Property Brochure attached in supplements. (id:48042)
Property Details
| MLS® Number | A2035369 |
| Property Type | Vacant Land |
| Community Name | Beltline |
| Amenities Near By | Park |
| Features | Paved Lane |
| Plan | Lot 24,25,26 |
Building
| Age | Age Is Unknown |
Land
| Acreage | No |
| Fence Type | Not Fenced |
| Land Amenities | Park |
| Size Depth | 22.86 M |
| Size Frontage | 21.33 M |
| Size Irregular | 5255.00 |
| Size Total | 5255 Sqft|4,051 - 7,250 Sqft |
| Size Total Text | 5255 Sqft|4,051 - 7,250 Sqft |
| Zoning Description | Cc-mh |
https://www.realtor.ca/real-estate/25411685/1403-12-street-sw-calgary-beltline
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March 29 2023 05:07:08
Calgary Real Estate Board
Sotheby's International Realty Canada