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Kaiyla Steele

kaiyla@steelehomesrealty.com +1(416) 509-4501

$ 679,000

Est. payment | -/mo

4 Beds

2 Baths

1,231 SqFt

Save

$ 679,000

Est. payment | -/mo

Save

4 Beds

2 Baths

1,231 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1231

Square Footage 1,231 sqft

Price per Sqft $551

Subdivision Glendale

MLS® Listing ID A2335793

Style Bungalow

Bedrooms 4

Year Built 1956

Lot Size 5,651 Sqft

Acres 0.12973033

Property Sub-Type Freehold

Property Description

Positioned on a prime corner lot with rear alley access in a highly accessible inner-city location near LRT train stations and downtown, this property presents an exceptional high-density redevelopment site and multi-stream investment opportunity. Designated under Calgary's R-CG (Residential – Grade-Oriented Infill) zoning, the site offers direct potential for higher-density residential projects such as multi-unit rowhouses or townhouses with secondary suites. The corner configuration combined with full lane access streamlines project design by routing parking and vehicular entry to the rear, maximizing street frontage, optimizing lot coverage, and simplifying site planning for future construction.The existing structure provides immediate income generation across multiple hold strategies. The main level is configured with three bedrooms, a four-piece bathroom, a dedicated kitchen, and defined living and dining spaces. The lower level houses a fully legal basement suite featuring a private separate entrance, two bedrooms, a four-piece bathroom, a complete kitchen, and a living area. A shared laundry area is located in a common space for convenance between both units. Exterior features include a detached single-car garage along with substantial additional off-street parking space to accommodate multiple tenants or vehicles.This functional layout accommodates a variety of buyer profiles and investment models. An investor can immediately lease both upper and lower units to maximize rental cash flow, or hold the property while securing municipal permits for future development. An owner-occupant or renovator can choose to update the home, live on the main floor, and utilize the legal suite as a mortgage helper, or renovate both units to optimize rental yields. Proximity to transit corridors, train stations, and core downtown services ensures sustained tenant demand and long-term land value. (id:24570)

Location

Province AB

Rooms

Kitchen 1.0

Extra Room 1 Basement 11.58 Ft x 8.00 Ft Den

Extra Room 2 Basement 16.00 Ft x 11.17 Ft Other

Extra Room 3 Basement 13.67 Ft x 8.08 Ft Laundry room

Extra Room 4 Basement 14.83 Ft x 14.00 Ft Family room

Extra Room 5 Basement 13.50 Ft x 8.83 Ft Bedroom

Extra Room 6 Basement 8.42 Ft x 5.00 Ft 4pc Bathroom

Interior

Heating Forced air,

Cooling None

Flooring Hardwood, Laminate, Linoleum

Exterior

Parking Features Yes

Garage Spaces 1.0

Garage Description 1

Fence Fence

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage Yes

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

Listed by MaxWell Capital Realty

Schools and Properties Nearby

Learn More About LPT Realty

+1(416) 509-4501

kaiyla@steelehomesrealty.com

3816 26 Avenue SW Calgary, AB T3E0N8