Calgary, AB T2H1Y6 5706 2 Street SW
$1,249,990
31 more
Presented By: CIR Realty
Home Details
| 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. (id:7434)
Presented By: CIR Realty
Interior Features for 5706 2 Street SW
Other Interior Features
Basement DevelopmentFinished
Basement TypeFull (Finished)
Building Fireplace PresentFalse
Building Heating FuelNatural gas
Building Heating TypeForced air
Construction Style AttachmentAttached
Flooring TypeCarpeted, Hardwood, Linoleum
General for 5706 2 Street SW
AmenitiesPlayground, Schools, Shopping
Building AppliancesRefrigerator, Oven - Electric, Hood Fan, Washer/Dryer Stack-Up
Building Architectural StyleBi-level
Building Basement FeaturesSeparate entrance, Walk out, Suite
Building Cooling TypeNone
CommunityNameManchester
FeaturesSee remarks, Back lane
Foundation TypePoured Concrete
Ownership TypeFreehold
Parking Space Total4
Property TypeMulti-family
Suite - LegalYes
Zoning DescriptionDC
Exterior for 5706 2 Street SW
Exterior FinishStucco, Vinyl siding
Fence TypeFence
Land Amenities Playground, Schools, Shopping
Landscape FeaturesLandscaped
Additional Details
Paul Dojcinovic
TEAM LEADER, REALTOR® at eXp Realty