2404, 2406, 2408 Richmond Road SW, Calgary, Alberta, T2T 5E4

2404, 2406, 2408 Richmond Road SW, Calgary, Alberta, T2T 5E4

$1,949,900
$1,949,900

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A2319415
MLS Number

1417.00
sqft

1956
Year Built

Property Description

2404, 2406, & 2408 Richmond Road SW. 145’ of frontage on corner laneway lots in sought-after Richmond. A shining example of “AAA” class real estate with significant development and holding potential. Uniquely eligible for H-GO zoning, with almost 12,000 sq ft of site coverage. After the recent re-zoning changes in Calgary, this density ability is very rare allowing extra height, no unit cap, & stackable developments. 2408 is an upscale fully renovated up/down bungalow with legal basement suite. 3 bedrooms up & 3 bedrooms down. 2404/2406 is a traditional side by side duplex, both sides updated with developed basements. All buildings and mechanical systems have been meticulously maintained & owner occupied. Current earning trajectory is 126,000/yr (see supplements). A multi-faceted property offering many living arrangements and mortgage help. This site already has an approved Local Area Plan, combined with the corner laneway & rear lane access, making it a prime development case at a much higher density with more favorable zoning specifications. Assemblies like this do not come available often in the inner city! Just minutes to Marda Loop, 17th Ave, Downtown, & all amenities. A premier Calgary location close to schools, trendy shops, nightlife, & everything the inner city has to offer.