Property Details

2404 & 2406 Richmond Road SW
Calgary (A2321953)

$999,900
1,705 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

2404 & 2406 Richmond Road SW. Excellent side-by-side, full-duplex in a premium Calgary neighborhood. Situated on a large 586 square meter R-CG zoned corner lot (H-GO optional)! Due to its unique lot shape, location, and laneway corner, this lot has superb redevelopment potential. Already in an approved LAP (local area plan), this option for H-GO zoning allows for greater build height, density, and stacked developments. With 90' of frontage, plus the laneway corner aspect, entrances & parking features can be placed in many more formats than on a traditional lot. Both sides of the duplex mirror each other, featuring numerous updates throughout including mechanical systems, roofing, stainless steel appliances, quartz countertops, cabinetry, & other finishes. 2 bedrooms up on each side, with developed basements & large mechanical/storage areas. Both units feature fully fenced & private yards with sunny South exposure. The pride of ownership is evident throughout, highlighted by the proven income history of these two properties. Completely turn-key and ready for the next owner. Offering not only excellent revenue potential but also an attractive opportunity for owner-occupied mortgage help. Located in a prime location encompassing all the inner city has to offer including multiple schools nearby, shopping, trendy nightlife and restaurants, and easy access to major amenities like MRU, U of C, SAIT, Foothills Hospital, Chinook Mall, & more! Rarely do properties like this come for sale. Can also be purchased along with the next door property (2408) for a combined frontage of 145'! Over $62,000 annual income.

Property details

Basic Info

MLS® #
A2321953
Property Type:
Multi-Family
Subtype:
Full Duplex
Subdivision:
Richmond
Price
$999,900
Sale/Lease:
For Sale
Size:
1,705 sq.ft.
Year Built:
1956 (70 years old)

Building Info

Structure Type:
Duplex
Building Style:
Attached-Side by Side, Bungalow
Garage:
No
Parking:
Off Street, Parking Pad
Fence:
Basement:
No
Inclusions:
All appliances in both sides of the duplex

Lot / Land Info

Lot Size:
0 acres
Zoning:
R-CG

Listing Info

Possession:
Negotiable
Days on Market:
10
Your Realtor
  • Yuri Smith

    Grassroots Realty Group Ltd.
    587-777-7276

    Email

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