4220 Centre Street NE, Calgary, AB, T2E 2Y9

$975,000

MLS® # A2181615

House For Sale In Highland Park, Calgary, Alberta

$975,000

  • 3+0

    Bedrooms

  • 1

    Bath

  • 5801.00 Square Feet

    Lot Size

Property Information:

BUILDERS AND INVESTORS CORNER LOT - Located in the heart of Highland Park, this corner lot spans 5,801 square feet and presents an exceptional investment opportunity. Supported by the City of Calgary, Development Permit (DP) and rezoning applications are already underway, guided by an approved community master plan. With MU-1 zoning potential, this property allows for main-floor commercial use with up to six stories of residential above.Positioned on a busy road, the property ensures excellent visibility for commercial ventures. It also benefits from NE Calgary’s lower property taxes and CMHC financing availability, making it a strategic financial choice. Included in the deal are architectural drawings that have been reviewed and supported by the City of Calgary, with city comments regarding proposed development available upon request.With a $3.5 million valuation, this lot sits in a highly visible and vibrant stretch with multiple other development opportunities along the same street. Its location and approved potential make it a standout choice for developers and investors alike. Proximity to the proposed Green Line only adds to its long-term appeal, presenting a rare opportunity to be part of a growing and dynamic community.

Inclusions: N/A

Building Features:

  • Total Finished Area: 1054.00

Property Features:

  • Bedrooms: 3+0
  • Bathrooms: 1+0
  • Architectural Style: Bungalow
  • Built in: 1953
  • Construction Materials: Stucco, Wood Frame
  • Cooling: None
  • Exterior Features: Other
  • Floor Space (approx): 1054.00 Square Feet
  • Flooring: Laminate
  • Foundation Details: Poured Concrete
  • Heating: Forced Air
  • Interior Features: See Remarks
  • Levels: One
  • Lot Size: 5801.00 Square Feet
  • Parking Features: Parking Pad, Single Garage Detached
  • Roof: Asphalt Shingle
  • Zoning: R-CG
  • No. of Parking Spaces: 2

Courtesy of: Charles

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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