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Karla Linares

hello@karlalinares.ca +1(403) 966-7705

$ 799,900

Est. payment -/mo

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1616 3 ST NW Calgary, AB T2M 2X8

3 Beds

1 Bath

1,148 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1148.3

Square Footage 1,148 sqft

Price per Sqft $696

Subdivision Crescent Heights

MLS Listing ID A2310978

Style 1 and Half Storey

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1910

Lot Size 5,227 Sqft

Acres 0.12

Property Sub-Type Detached

Property Description

ATTENTION BUILDERS,DEVELOPERS & INVESTORS! This is an incredible opportunity to acquire a PRIME 49' x 107' MC-1 PARCEL with an APPROVED DEVELOPMENT PERMIT for 8 UNITS in Crescent Heights! With the blanket zoning repeal now passed,and new changes coming to R-CG to limit townhome density and allowable build locations,OPPORTUNITIES TO BUILD AT THIS DENSITY ARE FEW AND FAR BETWEEN! Plus,with DP approval already in place,you can avoid the chaos and the long wait times at the City of Calgary and start building right away. The approved 8-unit project features 4 thoughtfully designed 2-storey upper units,each with the option to develop as either 2-bed/2.5-bath or 3-bed/1.5-bath configurations,depending on preference and your target market. The 4 lower-level units are all 1-bed/1 bath,with separate entrances and private laundry areas. The existing property would also be IDEAL AS A BUY AND HOLD INVESTMENT. With over 1100 sq ft above grade,this 1.5 storey character home offers 3 bedrooms + den above grade,including 1 bedroom and full bathroom on the main floor,and 2 beds and a den upstairs. A fully finished basement offers an additional bedroom/flex room (window may not meet current egress requirements) and a 3-pc bathroom.
Perfectly located in the highly desirable inner-city community of Crescent Heights,this property offers unbeatable access to amenities,transit,and downtown. Tenants will enjoy being steps from restaurants,cafés,shopping,and services along Centre Street and 16 Avenue,while downtown Calgary is just a 4-minute drive or 30-minute walk away. Nearby parks and recreation include Crescent Park,the Crescent Heights Community Association,tennis courts,playgrounds,and the iconic Crescent Road ridge with stunning downtown skyline views. Prince's Island Park is also within walking distance. Families and students benefit from proximity to schools,including Rosedale School,Crescent Heights High School,and SAIT,all within walking or a short drive.
This is a turnkey investment opportunity with significant upside in one of Calgary's most sought-after inner-city communities. *Development Permit Approval is subject to compliance with all DP conditions* *DP Plans are available for review upon request* * Property photos are from a few years ago and may not reflect the current state of the property** VIEW MULTIMEDIA LINK FOR FULL DETAILS! **

Location

Province AB

County Cal Zone Cc

Community Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Area Cal Zone Cc

Zoning M-C1

Direction NW

Rooms

Basement None, Full, Finished

Interior

Interior Features See Remarks

Heating Forced Air

Cooling None

Flooring Carpet, Hardwood, Tile

Inclusions None

Fireplace Yes

Appliance None

Laundry In Basement

Exterior

Exterior Feature None

Parking Features Parking Pad

Fence Fenced

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch Deck

Total Parking Spaces 2

Garage No

Building

Lot Description Back Yard, Cul-De-Sac

Dwelling Type House

Faces W

Story One and One Half

Foundation Poured Concrete

Architectural Style 1 and Half Storey

Level or Stories One and One Half

New Construction No

Others

Restrictions None Known

Virtual Tour 2 https://www.newinfills.ca/listings/view/736671/calgary-cc/crescent-heights/1616-3-street-nw

Virtual Tour https://www.newinfills.ca/listings/view/736671/calgary-cc/crescent-heights/1616-3-street-nw

Listed by RE/MAX House of Real Estate

NEARBY SCHOOLS & PROPERTIES

Karla Linares

REALTOR

+1(403) 966-7705

Karla Linares

1616 3 ST NW Calgary, AB T2M 2X8

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOLS & PROPERTIES

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1616 3 ST NW