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An amazing development opportunity: 1.35 acre development site in Parkhill between 48 – 86 Mission Road SW, Calgary. Direct Control land use. Multi-residential, high-density, low-rise.
There are a total of 9 lots, packaged into 4 listings. The entire package can be purchased for $8.35M or sold separately (see below).
Developer and Builder’s gem!! This fantastic land assembly is comprised of five contiguous adjacent parcels of land located on Mission road in the popular Park hill Stanley Park neighbourhood. Just mins to downtown, shopping center and commercial space makes it desirable for any type of buyers. Property Land size is 2963m2 with lots of potential to develop. Current zoning allows no limit on FAR, and is capable of building both residential and commercial multifamily units. The neighbourhood council has indicated permitting a 4-5 Storey development on site and supports denser developments in the area. A rare and awesome opportunity waiting for a new owner to develop. On top, the property has rental income of $9275/month and is fully tenanted for the owner to generate some cash flow.
These properties are situated in one of Calgary’s most sought after suburbs, the Stanley Park Park hill – a favourable suburb with majority of home occupants. Spacious and Private land lot with a 4 bedroom house at the corner side of Mission road, this properties are both south facing and have good frontage on Mission road. The location of this house is extremely convenient, few mins to downtown, Chinook mall, C train access, supermarket, University, and many commercial spaces. Currently it is tenanted with four occupants generating $11400 gross rent per property per annum. This property suits home buyers looking to live in full time, investors seeking for a rental income and builders wanting to rebuild and renovate. Many possibilities for this investment, book a time to inspect the property.
This property is situated in one of Calgary’s most sought after suburbs, the Stanley Park Park hill – a favorable suburb with majority of home occupants. Spacious and Private land lot with a 4 bedroom house at the corner side of Mission road, this property is facing South side and have good frontage on Mission road. The location of this house is extremely convenient, few mins to downtown, Chinook mall, C train access, supermarket, University, and many commercial spaces. Currently it is tenanted with two occupants generating $11400 gross rent per annum. This property suits home buyers looking to live in full time, investors seeking for a rental income and builders wanting to rebuild and renovate. Many possibilities for this investment, book a time to inspect the property.
Rare big frontage, spacious house and land for sale! This 4 bedroom house with basement is tenanted with two tenants, generating $1600/month. Seller may consider either selling with tenancy agreement or delivering vacant possession. The location is spectacular and extremely convenient for anyone commuting to downtown, shopping malls and supermarkets. The property facing South with good sunshine and has 16.9m frontage on Mission road. Property is suitable for homeowners, or builders looking to rebuild a new house or duplex.
