Calling all developers, first time buyers and investors!
This massive 50x120 FT M-CG zoned lot features an approximately 900 square foot raised bungalow. With three bedrooms upstairs and one non-conforming bedroom suite downstairs, this home has plenty of living space.
The lower suite features big windows and has it's own separate entrance. Right now it contains a large den, but this could easily be transformed into a fifth bedroom. A shared laundry also resides in the basement.
The property needs to be updated cosmetically, but you could rent this house out for monthly for positive cash flow or tear it down and build 4-6 units on this lot. The recent re-zoning of this property to M-CG gives you all the more options to watch your investment grow! Please note the 1951 Restrictive Covenant on title.
Own a property on the desirable Bowness road!
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,