Attention Developers! Incredible investment property with this oversized 60 X 150 lot in Shaganappi. New higher-density rezoning from R-C2 to R-CG in May 2017 allows for row houses, semi-detached or single family homes that can include a legal secondary suite. According to the City of Calgary density for R-CG of 75 units per hectare, this 9,000 square foot lot could fit 6 units! (subject to City approval). Great ROI in a hot central neighbourhood - close to shopping, Shaganappi C-train station (2 stops from downtown!), schools, 17 Ave SW, Crowchild and Bow Trails. Tenant in place until June 2018 and pays $1600/month rent while you finalize permitting and building plans. Please do not walk grounds without permission.
Disclaimer: Information herein deemed reliable but not guaranteed by CREB®.
Listing information last updated on October 17th, 2017 at 1:45am MDT.