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Graham Terryberry

graham@terryberrygroup.com +1(403) 909-6787

$ 950,000

Est. payment -/mo

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Open Sat 2PM-4PM

708 55 Avenue Calgary, AB T2V0G3

2 Beds

1 Bath

931 SqFt

Open House

Sat Aug 15, 2:00pm - 4:00pm

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Approx. Sqft 931

Square Footage 931 sqft

Price per Sqft $1,020

Subdivision Windsor Park

MLS® Listing ID A2335557

Style Bungalow

Bedrooms 2

Year Built 1953

Lot Size 5,995 Sqft

Acres 5995.0

Property Sub-Type Freehold

Property Description

** OPEN HOUSE - SATURDAY, AUGUST 15th - 2 to 4 pm *** An excellent 11,997.8 sq. ft. Assembly in Windsor Park. Two adjoining flat lots at $950,000 each in an area that is seeing townhome and MH1 development. Please see attached Parcel Fact Sheet. There is a Precedent for Mid-Rise and High-Density Multi-Family development located very close by.The immediate vicinity along 55 Avenue SW is a hotbed for rapid multi-residential redevelopment. For instance, a nearby parcel at 722 55 Avenue SW and 720–728 55 Avenue SW has pushed forward multi-residential land-use changes. This established path reduces your zoning risk and sets a strong local precedent for maximum allowable height and unit counts. This assembly sits just blocks away from CF Chinook Centre, Calgary's largest and most profitable shopping mall! Future residents will have effortless, walkable access to hundreds of retail stores, dining options, grocery shopping, and entertainment facilities. This acts as a massive selling feature for young professionals and downsizers alike. The parcels are strategically positioned within easy walking distance of the Chinook LRT Station. This seamless connection to Calgary's primary light rail network allows future tenants or buyers to commute to the downtown core in under 15 minutes, qualifying the development as highly desirable Transit-Oriented Development. Windsor Park is a highly coveted inner-city community known for its mature tree canopies, active community association, and proximity to the Elbow River pathway system. The neighbourhood features high-demand schools, such as the nearby Elboya School, along with ample parks and green spaces that attract premium rental rates and strong resale values. Developing two side-by-side lots simultaneously offers excellent economies of scale. Civil works, utility tie-ins (water, deep services, gas), excavation, and staging can be managed under a single mobilization fee. This slashes overall soft and hard construction costs compared to developing two scattered infills. (id:24570)

Location

Province AB

Rooms

Kitchen 1.0

Extra Room 1 Basement 10.42 Ft x 11.67 Ft Laundry room

Extra Room 2 Main level 14.33 Ft x 1.33 Ft Kitchen

Extra Room 3 Main level 14.75 Ft x 14.50 Ft Living room

Extra Room 4 Main level 11.25 Ft x 11.58 Ft Primary Bedroom

Extra Room 5 Main level 10.42 Ft x 1.58 Ft Bedroom

Extra Room 6 Main level 5.25 Ft x 7.08 Ft 4pc Bathroom

Interior

Heating Forced air

Cooling None

Flooring Carpeted, Linoleum

Exterior

Parking Features Yes

Garage Spaces 2.0

Garage Description 2

Fence Fence

Community Features Golf Course Development

View Y/N No

Attached Garage No

Total Parking Spaces 3

Garage Yes

Private Pool No

Building

Story 1

Architectural Style Bungalow

Others

Ownership Freehold

Listed by MaxWell Canyon Creek

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Graham Terryberry

Agent / Team Leader

+1(403) 909-6787 | graham@terryberrygroup.com

Graham Terryberry

708 55 Avenue Calgary, AB T2V0G3

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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708 55 Avenue