716 55 Avenue Southwest, Calgary, Alberta T2V0G3

Listing courtesy of .

$1,200,000
5
BD
2
BA
1,088
SqFt

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List Price
$1,200,000
MLS®
A2340477
Days on Market
16
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
5
Bathrooms
2
Living Area
1,088
Lot Size Dimensions
557.69
Lot Size
557
Subdivision
Windsor Park

Property Description

RARE LAND ASSEMBLY OPPORTUNITY in the heart of Windsor Park! This 50' x 120' (6,003 sq ft) lot at 716 55 Avenue SW joins two immediate neighbouring lots, also currently listed for sale, to create a three-lot assembly totalling approximately 18,000 sq ft (.413 acres), zoned R-CG (Comprehensive Grade-Oriented Infill District) - one of Windsor Park's premier assembly opportunities. Buyers should do their own research on the amalgamation of 720, 724 and 728 - 722 55 Avenue SW, its current zoning, and its likely future redevelopment potential before calling.Located within walking distance to schools, shopping, parks, golf, and the pathway system, this assembly is ideally suited for a larger-scale infill or multi-unit redevelopment in one of Calgary's most established inner-city communities. While the redevelopment potential is the headline, the existing 1,088 sq ft, 5-bedroom bungalow offers a solid holding property in the meantime. Thoughtfully renovated in 2013, it features a custom spice kitchen, a private sauna, granite and quartz counters, and beautifully landscaped gardens with a deck for outdoor entertaining. The fully finished basement adds 2 more bedrooms, a second kitchen setup (fridge, stove, and freezer included), and in-basement laundry, while a double detached garage with alley access completes the property.Whether you're assembling a multi-lot development site, securing a single infill build, or looking for an income-producing holding property with upside, this Windsor Park opportunity checks every box. Don't miss this rare combination of livability today and redevelopment potential tomorrow. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
Windsor Park
Parking Spaces
5
Construction Materials
Poured concrete, Wood frame
Fireplaces
1
Cooling
None
Country
Canada
Flooring
Tile, Hardwood, Carpeted
Community Features
Golf Course Development, Lake Privileges
Heating
Forced air, Natural gas
Lot Features
Back lane
Architectural Style
Bungalow
Stories
1
Lot Size
557

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Calculator source: Real Geeks