140 21 Avenue NE, Calgary, Alberta, T2E 1S2
$ 879,900
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2
Bed
1
Full Bath
886
SqFt
$993
/ SqFt
-
Neighbourhood:
North East
Type
Residential
MLS® #:
A2155868
Year Built:
1942
Days on Market:
105
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Description
For more information, please click on Brochure button below. Attention investors and developers! This is your chance to acquire a prime corner lot in the highly desirable Tuxedo Park community. With over 5,700+ sq ft of M-C1 zoned land, this property offers tremendous potential for a multi-family development. A Development Permit application for a 4-Plex with Legal Suites is already in progress, making it an ideal investment for those looking to capitalize on the growth in the area. Each unit is designed to feature 3 bedrooms, 2.5 baths above grade, plus a 1-bedroom, 1-bath legal basement suite, maximizing rental income potential. Disconnection work completed, and the existing home is ready for demolition. This is the perfect opportunity for developers to create a modern, high-demand living space in a fantastic location. Don’t miss out on this incredible opportunity to build in one of the city's most sought-after neighborhoods! DP Drawings not Approved yet so may be modified as required.