1607 25 Avenue Sw, Calgary, Alberta T2T 0Z9

$1,185,000
2
BD
1
BA
1,846
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,185,000
Status
ACTIVE
MLS® #
A2311367
Days on Market
56
Year Built
1950
Style
Attached-Side by Side, Bungalow
Bedrooms
2
Total baths
1
SqFt
1,846
Area
Calgary
Community
Bankview

Property Description

Rare opportunity to acquire a prominent 8,000+ sq ft corner lot in the elevated southeast pocket of Bankview. Positioned on a hilltop with attractive panoramic and inner-city views, this property offers exceptional long-term redevelopment potential in one of Calgary’s established inner-city communities. Zoned M-CG d72, the site supports low-rise multi-residential development (subject to City approval). The corner configuration provides valuable frontage and design flexibility, while the elevated setting enhances future build possibilities. The property is a bungalow duplex configuration: both sides are tenant-occupied. One side is rented out as a full bungalow (up & down), the other side is rented out as upper and lower suites. The existing structure is in well lived-in, renovation-deferred condition and is being offered primarily for its land value and redevelopment potential. Furnaces on both sides and the entire roofing has been replaced in the last 3 years. An ideal acquisition for builders, developers, or strategic investors seeking an income-producing inner-city site with scale, corner exposure, and strong zoning fundamentals.

Additional Information

Basement Desc
Full
Heating
Forced Air, Natural Gas
Roof
Asphalt Shingle
Garage
Yes
Parking Desc
Aggregate, Off Street, Parking Pad, Single Garage Attached
Parking Spaces
4
Acres
0.18

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of RE/MAX First.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .