Exceptional Investment & Redevelopment Opportunity! This prime 5,995 SF, 50' x 120' M-C1 lot is perfectly situated near central 16 Ave / Centre St, offering incredible potential for investors and developers alike. The well-maintained 1.5-storey, 1,761 SF home features 6 bedrooms and 3 full baths, fully rented and generating strong positive cash flow. Enjoy the convenience of a central location with multiple transit options just steps away, providing easy access to downtown and surrounding areas. The property also boasts ample rear parking, ideal for tenants. Great for first time investors or seasoned builders. Opportunities like this—combining immediate rental income with future development upside—are extremely rare in Calgary. Secure this prime property today before it's gone!
Exceptional Investment & Redevelopment Opportunity! This prime 5,995 SF, 50' x 120' M-C1 lot is perfectly situated near central 16 Ave / Centre St, offering incredible potential for investors and developers alike. The well-maintained 1.5-storey, 1,761 SF home features 6 bedrooms and 3 full baths, fully rented and generating strong positive cash flow. Enjoy the convenience of a central location with multiple transit options just steps away, providing easy access to downtown and surrounding areas. The property also boasts ample rear parking, ideal for tenants. Great for first time investors or seasoned builders. Opportunities like this—combining immediate rental income with future development upside—are extremely rare in Calgary. Secure this prime property today before it's gone!
Neighborhood
Type
Total Baths
County
Calgary
Status
Active
Listing #
A2194906
Built
1912
Lot Size
0.14
Listed on site
8 days
Listing Brokerage
Century 21 Bravo Realty
Listed by:
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
Last updated: 2025-02-14 19:18:22