5706 2 ST SW Active

Calgary,AB T2H 1Y6

$ 1249990

8 Beds

4 Baths

2072 SqFt


Key Details

Property Type Multi-Family

Sub Type Full Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,072 sqft

Price per Sqft $603

Subdivision Manchester

MLS Listing ID A2162576

Style Bi-Level,Side by Side

Bedrooms 8

Full Baths 4

Originating Board Calgary

Year Built 1968

Annual Tax Amount $4,919

Tax Year 2024

Lot Size 6,253 Sqft

Acres 0.14

Property Description

| DC-1 with Permitted Use of MU-1 (MU-1f8h75) | Upper Units: 3 bedrooms, 1 bathroom each | Each unit has its laundry facilities | Walk-out Basement Suites | Backing onto Park | Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning DC

Direction W

Rooms

Basement Separate/Exterior Entry,Finished,Full,Suite,Walk-Out To Grade

Interior

Interior Features See Remarks,Separate Entrance

Heating Forced Air,Natural Gas

Cooling None

Flooring Carpet,Hardwood,Linoleum

Inclusions 4 Fridges, 4 Electric Ovens, 4 Washer/Dryers, 2 Hoodfans

Appliance Electric Oven,Range Hood,Refrigerator,Washer/Dryer Stacked

Laundry In Unit

Exterior

Garage Parking Pad

Garage Description Parking Pad

Fence Fenced

Community Features Playground,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Walking/Bike Paths

Roof Type Flat Torch Membrane

Porch Balcony(s)

Lot Frontage 50.0

Total Parking Spaces 4

Building

Lot Description Back Lane,Back Yard,Backs on to Park/Green Space,Gentle Sloping,Landscaped,Rectangular Lot

Foundation Poured Concrete

Architectural Style Bi-Level,Side by Side

Level or Stories 5 Level Split

Structure Type Stucco,Vinyl Siding

Others

Restrictions None Known

Ownership Private

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