Calgary, AB T2E2M6 107 40 Avenue NE
$999,900



23 more
























Presented By: Royal LePage Benchmark
Home Details
Perfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for a maximum of 8 storeys with commercial/retail option on the main floor. The lot measures 57' x 120' (Approx 6,840 sq ft). With some fixing up, the existing single family home would be excellent investment property. Currently offers a 2 bedroom unit on the main floor with 2 units in the basement, a 1 bedroom and a studio. Located a block of Centre Street and the BRT 301 (future green line C-Train). Close to all amenities, schools, shopping and restaurants. Great location for investment properties. There is potential to purchase the neighbouring property 4019 Centre A St NE that was also rezoned M-H1 - see rendering in photos which encapsulates both lots. Call for more information.
Presented By: Royal LePage Benchmark
Interior Features for 107 40 Avenue NE
Bedrooms
Bedrooms Above Grade2
Total Bedrooms4
Bathrooms
Five Piece Bath0
Five Piece Ensuite Bath0
Four Piece Ensuite Bath
Half Baths1
Total Baths4
Other Interior Features
Fireplace FeaturesGas, Living Room, Masonry, Raised Hearth
Fireplaces Total1
Laundry FeaturesIn Basement
Main Level Finished Area1219.82
Main Level Finished Area Metres113.32
Main Level Finished Area SF1219.82
Main Level Finished Area Srch Sq1219.82
BasementFinished, Full, Suite, Walk-Out To Grade
Below Grade Finished Area861.21
EnsuiteYes
FlooringCarpet, Linoleum
Interior FeaturesBeamed Ceilings, Ceiling Fan(s), Chandelier, Laminate Counters, Storage, Vaulted Ceiling(s)
Main Level AreasSquareFeet
General for 107 40 Avenue NE
Architctural StyleBungalow
Association 2 YNNo
Association?No
Community FeaturesGolf, Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Condo TypeNot a Condo
Construction MaterialsStucco, Wood Frame, Wood Siding
CoolingNone
DistrictCAL Zone CC
Full Baths3
HeatingForced Air
Parking Total5
Property SubtypeDetached
Property TypeResidential
Public RemarksPerfect for Builders and Investors! Situated in the inner city community of Highland Park, this property offers an excellent investment and development opportunity. Recently rezoned M-H1 allowing for
RoofAsphalt Shingle
Structure TypeHouse
Subdivision NameHighland Park
SuiteSuite - Illegal
Transaction TypeFor Sale
ZoningM-H1
Exterior for 107 40 Avenue NE
Exterior FeaturesBalcony, Private Yard
FencingPartial
Foundation Poured Concrete
Frontage Length17.37M 57`0
Garage Y/NYes
InclusionsN/A
Lot FeaturesBack Lane, Back Yard, Backs on to Park/Green Space, Corner Lot, Rectangular Lot, Sloped, Treed
Lot Size Acres0.16
Parking FeaturesDouble Garage Detached, Driveway, Off Street, Paved
Patio And Porch FeaturesBalcony(s), Patio
Additional Details

Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty