The lowest-priced home in the area. A charming two-bedroom bungalow on a large lot with a south backyard in North Glenmore. This home has a lot of potential for investors and developers as it is zoned R-C2 and can possibly be changed to R-CG, allowing for four townhome-style homes. Tear down, build your project, or rent up and down and hold. The inner-city and surrounding area are becoming congested, streets are busy with traffic, and cars line both sides of the roads. However, this location is an exception, as it is one of the quietest in the surrounding area. It is a dead-end, so there is no thru traffic, and across the street, there are no homes, just the high school playing fields. The house has been renovated inside and features newer large, bright windows. The backyard is large and fenced and provides parking for four cars with an older garage and shed. The basement has a bright illegal suite with two bedrooms, a full bathroom, and a large living area. Being close to the University, there is plenty of opportunity for rentals. The home is very close to transit, the Glenmore Reservoir pathways, Glenmore Athletic Park, and Mount Royal University. Excellent investment property for a long-term hold; develop infills immediately or apply for re-zoning.
Keep up to speed with everything that's happening in the Calgary real estate market.
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.