107 40 Avenue Northeast

Offered at: $1,800,000

MLS®: A2165483

PRIME DEVELOPMENTAL OPPORTUNITY! Approved and rezoned M-H1 property in the desirable & mature community of Highland Park. The current M-H1 zoning offers an unparalleled investment opportunity which allows for an 6-8 storey (26 m) multi-residential development with commercial on the main floor. Capitalize on its close proximity and views to downtown Calgary, easy access to the city's vibrant core and future green line LRT, and its immediate income-producing potential as its current residential state. Strategically-located near local landmarks, transportation hubs, parks/playgrounds, and connectivity to both residential and commercial amenities. CALLING ALL INVESTORS, DEVELOPERS, & BUILDERS! (id:6769)

Quick Stats

Key Home Data

4
BATH(S)
3
BED(S)
1231.47
SQFT
YES
SHOWING AVAILABLE
Property Type:
Single Family
Home Ownership:
Freehold

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Office: 403-470-0021