3816 Parkhill Place Sw, Calgary, Alberta T2S 2W7

$499,900
1
BD
1
BA
626
SqFt

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List Price
$499,900
Status
ACTIVE
MLS® #
A2320969
Days on Market
44
Year Built
1908
Style
Bungalow
Bedrooms
1
Total baths
1
SqFt
626
Area
Calgary
Community
Parkhill

Property Description

Exceptional redevelopment opportunity in the highly sought-after community of Parkhill. Situated on an M-C1 zoned lot, this property offers outstanding potential for investors, builders, and developers. While the existing home has benefited from numerous recent upgrades—including a newer roof, windows, doors, plumbing lines, electrical panel and wiring, furnace, and hot water tank—the true value lies in the land and its future development potential.An approved Development Permit for a four-storey apartment building is already in place, creating a rare opportunity to develop a long-term income-producing asset in one of Calgary’s most desirable inner-city locations. Whether you are an experienced developer expanding your portfolio or an entrepreneur seeking a manageable multifamily project, this property presents exceptional possibilities.

Additional Information

Basement Desc
Partial
Heating
Forced Air
Roof
Asphalt Shingle
Parking Desc
Off Street
Parking Spaces
1
Acres
0.07

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Calculator source: Real Geeks

Courtesy of Creekside Realty.

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .