Elke Babiuk
403-998-2735
CIR Realty
MLS®: A2296829 - Richmond Bungalow $989,000
PRIME RICHMOND REDEVELOPMENT OPPORTUNITY on a 50’ x 125’ Lot. Exceptional opportunity for builders, investors, or those looking to create a dream home. This large 50’ x 125’ lot offers outstanding redevelopment potential, suitable for one or two large single-family homes, in an area already SURROUNDED BY HIGH-END, MILLION-DOLLAR PROPERTIES. Ideally located close to shopping, amenities, and schools, this property combines convenience with strong future upside. The rear alley access and no homes directly behind provide added flexibility for design, garages, and privacy. The existing home is well maintained and currently rented to an AMAZING TENANT, offering immediate holding income. The seller is flexible on possession date and is willing to allow buyers to apply for permitting prior to possession. The property is under a fixed-term lease until July 31, 2026, making it a solid interim investment while you plan your project. There could be a possibility for a forced WALK OUT on this lot. Additional features include a single detached garage and a layout that supports future redevelopment options. DRIVE BY and explore the potential. This is an excellent opportunity to secure a PREMIUM LOT lot for your next build or long-term investment. No sign on the property. Do not disturb the current tenant. MLS®: A2296829 - Richmond Bungalow $989,000
Includes: None Site Influences: Back Lane, Back Yard, City Lot, Lawn, No Neighbours Behind, Rectangular Lot, Street Lighting Property InformationProperty Type: Residential Detached Single Family Home Style: Bungalow Year Built: 1950 Total Floor Area: 884 sq. ft. Brokerage: CIR Realty Listed Date: Please login or create an account Community InformationCity/Town: Calgary Community: Richmond ExteriorLot Size: 0.14 sq.ft. Lot Shape: Back Lane,Back Yard,City Lot,Lawn,No Neighbours Behind,Rectangular Lot,Street Lighting Exterior: Wood Frame Construction: Wood Frame Frontage: 15.23M 50`0" Front Exposure: W Roof: Asphalt Parking: Additional Parking, Alley Access, Garage Faces Rear, Gated, Off Street, RV Access/Parking, RV Gated, Single Garage Detached Total Parking: 3 InteriorHeating: Forced Air, Natural Gas Basement: Full Floor Finish: Carpet, Hardwood, Linoleum Fireplace Details: For Sale RoomsTotal Bedrooms: 2 (Bedrooms Above: 2) Bathrooms: Full: 1 / Half: 1 Above Grade: 4 Legal, Financial & PossessionZoning: DC (pre 1P2007) Legal Description: Lot/Unit: Lot/Unit:,Plan: 5661O,Block: Tax: 4150.00 Possession: 60 Days / Neg Occupancy: Tenant Restrictions: None Known Listing Courtesy of CIR Realty The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. MLS®: A2296829 - Richmond Bungalow $989,000
Listing Courtesy of CIR Realty The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board. |