JV Realty

Jonathan Varkey REALTOR®

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5706 2 Street SW, Calgary, Alberta

$1,249,990

8 Beds
4 Baths
2,072 Square Feet

| 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:23309)

Listing ID: A2162576
Property Type: Multi-family
Year Built: 1968

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Rooms

Level	Type	Dimensions
Bedroom	Basement	11.67 Ft x 8.58 Ft
Bedroom	Basement	11.58 Ft x 8.50 Ft
4pc Bathroom	Basement	8.42 Ft x 4.92 Ft
4pc Bathroom	Basement	8.25 Ft x 5.33 Ft
Primary Bedroom	Lower level	12.83 Ft x 16.33 Ft
Primary Bedroom	Lower level	12.83 Ft x 16.25 Ft
Bedroom	Main level	13.00 Ft x 10.00 Ft
Bedroom	Main level	13.42 Ft x 8.92 Ft
Bedroom	Main level	13.33 Ft x 8.92 Ft
Bedroom	Main level	13.08 Ft x 10.00 Ft
4pc Bathroom	Main level	8.42 Ft x 5.00 Ft
4pc Bathroom	Main level	8.25 Ft x 5.00 Ft

Details

Architectural Style: Bi-level
Amenities Nearby: Playground, Schools, Shopping
Features: See remarks, Back lane
Ownership: Freehold
Parking Spaces: 4
Plan: 5454AC
Transaction: For sale
Zoning Description: DC

Building

Appliances: Refrigerator, Oven - Electric, Hood Fan, Washer/Dryer Stack-Up
Architectural Style: Bi-level
BasementType: Full (Finished)
Basement Development: Finished
Basement Features: Separate entrance, Walk out, Suite
Bedrooms Main Level: 4
Bedrooms Lower Level: 4
Constructed Date: 1968
Construction Style Attachment: Attached
Cooling: None
Exterior Finish: Stucco, Vinyl siding
Fireplace Present: False
Flooring: Carpeted, Hardwood, Linoleum
Foundation: Poured Concrete
Bathrooms (Total): 4
Heating: Forced air
Heating Fuel: Natural gas
Size Interior: 2072.15 sqft
Total Finished Area: 2072.15 sqft

Land

Amenities: Playground, Schools, Shopping
Fence: Fence
Landscape Features: Landscaped
Size Frontage: 15.24 m
Size Irregular: 581.00
Size Total: 581 m2|4,051 - 7,250 sqft

Listing provided by CIR Realty
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This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 5706 2 Street SW in Calgary Ontario. It was last modified on September 4th, 2024. Contact Jonathan Varkey to schedule a viewing or to discover other Calgary real estate for sale.

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