PRIME DEVELOPMENT OPPORTUNITY! Attention Builders & Developers! 60x120 CORNER LOT on 17th Avenue SW, in Glendale! This oversized lot with R-CG zoning has incredible build potential. It's located just steps from the 45th Street LRT Station with easy transit access, and is minutes to Downtown, shopping, restaurants, and major routes throughout the city. Surrounded by ongoing and recent multi-family redevelopment, this site is perfectly positioned for a new multi-family project in one of Calgary’s most connected and desirable inner-city communities. The lot has excellent frontage and access, making it ideal for medium-density residential development (subject to city approval). While the value is in the land, the existing home is spacious, well-kept and features a compliant Airbnb unit in the basement, offering strong potential as a holding property with immediate rental income. Don't miss out on this opportunity - this is a strategic location with outstanding potential for long-term growth and return.
Address
3 Gateway Drive SW
List Price
$1,025,000
Property Type
Residential
Type of Dwelling
Detached
Style of Home
4 Level Split
Area
Calgary W
Sub-Area
Glendale
Bedrooms
5
Bathrooms
2
Floor Area
1,087 Sq. Ft.
Lot Size
7276 Sq. Ft.
Year Built
1959
MLS® Number
A2207932
Listing Brokerage
Real Broker
Basement Area
Finished, Full
Postal Code
T3E 4J8
Zoning
R-CG
Site Influences
Lawn, Rectangular Lot, Front Yard, Back Yard, City Lot, Playground, Sidewalks, Street Lights, Tennis Court(s), Park, Pool, Corner Lot, Back Lane, Schools Nearby, Shopping Nearby, Walking/Bike Paths