Detached

1407 28 Street SW

Shaganappi, Calgary · Detached · MLS® A2331540

$950,000
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3
Beds
2
Baths
1,072
Sqft
1947
Built

About this home

Attention developers, builders and investors - this is a rare opportunity to secure an exceptional redevelopment site in Shaganappi, one of Calgary’s most established and strategically located inner-city communities. Situated on an approximately 47' x 150' M-C2 zoned lot, the property checks the boxes investors look for: scale, zoning, transit, holding income and a head start on redevelopment, with a Development Permit application already submitted for a proposed 10-unit multi-residential project. The existing residence and legal one-bedroom basement suite provide holding income while the redevelopment process moves forward. The location is equally compelling - just one block from the LRT, minutes from downtown, and close to Westbrook Mall, parks, schools, recreation and everyday amenities. With the zoning, income and redevelopment work already in motion, the groundwork has been laid - the next owner gets to capitalize on the opportunity.

Features

  • Forced air
  • Refrigerator
  • Dishwasher
  • Stove
  • Washer & Dryer
  • Finished
  • Full
  • Separate entrance
  • Suite

Location

1407 28 Street SW · Shaganappi, Calgary

Mortgage calculator

Est. monthly total
$4,721
Mortgage payment
$4,206
Property tax (est.)
$515

25-year amortization. Estimates only — not a lending offer. Taxes approximated from Calgary's residential rate.

Talk to Walter & Harry about financing

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