JUST LISTED: 3431 & 3435 5 Avenue Northwest, Calgary Alberta

 

This is an immediate development opportunity!

These two lots are land value only, already approved for a high-end and luxurious 19 suite apartment building. The current M-C1 zoning was recently changed to DC to accommodate a four story structure that includes under ground parking. The plans and renderings are in place and are attached in the supplements section of the listings. Over $100,000 has been spent in permits, approvals and zoning changes that will be passed along to the new buyers.

This is an amazing very quiet inner city location, walking distance to two hospitals, only a short commute to downtown, close to the river bike path system(no flooding) and easy access west to the mountains. Only a few multifamily lots remain in this wonderful inner city location. Please note that both lots make up the value for the 19 suite development. There are currently two older rentable homes on the properties, but please do not disturb the tenants. No showings allowed.

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Ken Richter is a trusted name in Calgary real estate; his experience is your advantage. Ken and his Home Selling Team are friendly, dedicated and knowledgeable professionals providing 100% client satisfaction. If you want to work with a respected Calgary real estate agent that delivers exceptional results, contact Team Ken Richter today and receive service nothing less than 10/10 on the Scale of Excellence.

Your Real Estate Professional,

Ken Richter

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