5706 2 Street SW, Calgary, Alberta, T2H 1Y6

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$ 1,249,990

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Bed

Full Bath

2072

SqFt

$603

/ SqFt

Neighbourhood:

South West

Type

Residential

MLS® #:

A2162576

Year Built:

1968

Days on Market:

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Schools Near By

Lord Beaverbrook High School

9019 Fairmount Dr SE Calgary, AB T2H 0Z4

Description

| DC-1 with Permitted Use of MU-1 (MU-1f8h75) | Upper Units: 3 bedrooms, 1 bathroom each | Each unit has its laundry facilities | Walk-out Basement Suites | Backing onto Park | Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.

5706 2 Street SW - Subdivision Statistics

Avg. asking price	1,249,990
Price per sq. ft.	603.2334

Essential Information

Listing ID	A2162576
Price	1,249,990
Bedrooms	8
Full Baths	4
Half Baths	0
Lot Features	Back Lane,Back Yard,Backs on to Park/Green Space,Gentle Sloping,Landscaped,Rectangular Lot
Lot Size Acres	0.14
Year Built
Type	Residential
Sub-Type	Full Duplex
Status	Active

Community Information

Address	5706 2 Street SW
City	Calgary
Latitude	51.00376515
Longitude	-114.06818974
State or Province	Alberta
Street Dir Prefix
Street Dir Suffix	SW
Zoning	DC
District	CAL Zone CC
Postal Code	T2H 1Y6
Major Change Type	New Listing
Major Change Timestamp	2024-09-04T10:57:56.473

Amenities

Parking Spaces	4
Parking	4

Interior

Heating	Forced Air,Natural Gas
Cooling	None
Has Basement	Separate/Exterior Entry,Finished,Full,Suite,Walk-Out To Grade
Fireplace
Flooring	Carpet,Hardwood,Linoleum

Exterior

Exterior Features	Balcony
Roof	Flat Torch Membrane
Construction	Bi-Level,Side by Side
Foundation	Poured Concrete
Fencing	Fenced
Pool Features

Additional Information

Listing key Numeric	94414917
Unit Number
Structure Type	Duplex
Direction Faces	W
Building Area Total
Listing Contract Date	2024-09-03

Room Dimensions

Interior Features	See Remarks,Separate Entrance
Bathrooms Total	4
Appliances	Electric Oven,Range Hood,Refrigerator,Washer/Dryer Stacked
Utilities
Suite	Suite - Illegal
Below Grade Finished Area Units	SquareFeet

Additional Information

Days on Market	77
Public Remarks	\| DC-1 with Permitted Use of MU-1 (MU-1f8h75) \| Upper Units: 3 bedrooms, 1 bathroom each \| Each unit has its laundry facilities \| Walk-out Basement Suites \| Backing onto Park \| Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.
Standard Status	Active
Legalplan	5454AC
Levels	5 Level Split