Calgary, AB T2E2Y9,4220 Centre ST NE
Calgary, AB T2E2Y9,4220 Centre ST NE
Calgary, AB T2E2Y9,4220 Centre ST NE
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$975,000
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3 BD
1 BA
1,054 SqFt
Active

4220 Centre ST NE Calgary, AB T2E2Y9

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UPDATED:

12/03/2024 07:40 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,054 sqft

Price per Sqft $925

Subdivision Highland Park

MLS® Listing ID A2181615

Style Bungalow

Bedrooms 3

Full Baths 1

Originating Board Calgary

Year Built 1953

Annual Tax Amount $3,051

Tax Year 2024

Lot Size 5,801 Sqft

Acres 0.13

Property Description

BUILDERS AND INVESTORS CORNER LOT - Located in the heart of Highland Park, this corner lot spans 5,801 square feet and presents an exceptional investment opportunity. Supported by the City of Calgary, Development Permit (DP) and rezoning applications are already underway, guided by an approved community master plan. With MU-1 zoning potential, this property allows for main-floor commercial use with up to six stories of residential above.

Positioned on a busy road, the property ensures excellent visibility for commercial ventures. It also benefits from NE Calgary’s lower property taxes and CMHC financing availability, making it a strategic financial choice. Included in the deal are architectural drawings that have been reviewed and supported by the City of Calgary, with city comments regarding proposed development available upon request.

With a $3.5 million valuation, this lot sits in a highly visible and vibrant stretch with multiple other development opportunities along the same street. Its location and approved potential make it a standout choice for developers and investors alike. Proximity to the proposed Green Line only adds to its long-term appeal, presenting a rare opportunity to be part of a growing and dynamic community.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning R-CG

Direction W

Rooms

Basement See Remarks

Interior

Interior Features See Remarks

Heating Forced Air

Cooling None

Flooring Laminate

Appliance See Remarks

Laundry Other

Exterior

Parking Features Parking Pad, Single Garage Detached

Garage Spaces 1.0

Garage Description Parking Pad, Single Garage Detached

Fence None

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt Shingle

Porch None

Lot Frontage 50.0

Total Parking Spaces 2

Building

Lot Description Back Lane, Back Yard, Corner Lot, Front Yard

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Stucco,Wood Frame

Others

Restrictions See Remarks

Tax ID 95457891

Ownership Private


Listed by Charles

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Blake King

Broker | cakingblacakingbla

+1(403) 350-7672

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4220 Centre ST NE