Property Details
1804 41 Street NW
Calgary (A2341910)
Description
Rare opportunity to own a property with a LEGAL suite in Montgomery, combined with R-CG zoning and exceptional redevelopment potential. This revenue generating property offers a unique opportunity for investors, developers, or homeowners looking to capitalize on both rental income and future development possibilities.
This 2+2 bedroom property features a LEGAL basement suite with both levels designed as fully self-contained living spaces. Each level offers 2 bedrooms, a living area, full bathroom, full kitchen with appliances, and separate laundry.
The property is currently owner-occupied, but when fully rented, it has the potential to generate over $3,500/month in rental income, making this an excellent option for investors looking for strong holding income while benefiting from the property's future redevelopment potential.
The R-CG zoning adds significant flexibility and upside for developers and investors. Depending on plans and approvals, potential redevelopment options may include a 4plex, attached development, or attached homes with legal secondary suites.
Situated on a corner lot in an established and desirable location, the property is close to schools, parks, shopping, the Bow River, and major transportation routes.
Whether you're looking to live in the property, generate rental income, hold for future redevelopment, or take advantage of the R-CG zoning, this property offers multiple ways to create value.
Property details
- MLS® #
- A2341910
- Property Type:
- Residential
- Subtype:
- Detached
- Subdivision:
- Montgomery
- Price
- $700,000
- Sale/Lease:
- For Sale
- Size:
- 886 sq.ft.
- Bedrooms:
- 4
- Bathrooms:
- 2
- Year Built:
- 1955 (71 years old)
- Structure Type:
- House
- Building Style:
- Bungalow
- Garage:
- No
- Parking:
- Concrete Driveway, Parking Pad
- Basement:
- Full
- Features:
- Laminate Counters, Separate Entrance, Storage, Vinyl Windows
- Inclusions:
- 2 Refrigerator, 2 Stove(s)
- Appliances:
- Dishwasher, Dryer, Range Hood, Refrigerator, Stove(s), Washer, Window Coverings
- Laundry:
- Multiple Locations
- Exterior Features:
- None
- Patio/Porch Features:
- None
- Nearby Amenities:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Lot Size:
- 0 acres
- Lot Features:
- Back Lane, Back Yard, Corner Lot, No Neighbours Behind, Triangular Lot
- Zoning:
- R-CG
- Roof:
- Asphalt Shingle
- Exterior:
- Vinyl Siding,Wood Frame
- Floors:
- Ceramic Tile, Hardwood, Laminate
- Foundation:
- Poured Concrete
- Heating:
- Forced Air
- Cooling:
- None
- Amenities:
- Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
- Possession:
- 30 Days / Neg
- Days on Market:
- 31
Basic Info
Building Info
Neighborhood Info
Lot / Land Info
Materials & Systems
Listing Info
Contact
Find Us
Awards
2019 Top 50 REALTORS Under 35 in Canada
2018 Top 200 REALTORS in Canada
Contact
587-777-7276
yuri@grassrootsrealtygroup.ca
#118, 8805 Resources Road
Grande Prairie, AB
T8V 3A6
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