$ 2.650.000

2620 Centre Street Ne, Calgary

  • Type: Lots and Land
  • Added: 329 days ago
  • Updated: 34 days ago
  • Last Checked: 9 hours ago
This exceptional 1/4-acre plot of land offers an unparalleled investment opportunity in the booming Calgary real estate market. Just 7 minutes from downtown Calgary, this prime piece of land is strategically situated to provide easy access to the city's vibrant core. The property's proximity to key amenities and entertainment hubs makes it an ideal location for those seeking a dynamic urban lifestyle. Spanning just over 11,000 SQ FT, this expansive lot had DP approval that just expired recently (DP2017-4750 - Conditional) for the construction of up to a 26m tall building with an FAR of 3.7. This gives you just over 40,000 SQ FT of building to work with and the permit allows for 40+ residential units with commercial on the ground floor (final approvals required for specific plans). The approved plans are available for the buyer and open the door for a lucrative investment, allowing you to capitalize on the demand for modern living spaces in this sought-after area. The property is strategically positioned just 2 blocks away from the future Green Line LRT station, ensuring seamless connectivity for residents and potential tenants. This proximity enhances the property's appeal, making it even more attractive for those looking to benefit from Calgary's evolving public transportation infrastructure. Calgary's real estate market is thriving, and this property offers a unique opportunity to capitalize on the growing demand for well-designed, centrally located residences. Average rents in the city continue to trend upwards quickly and Calgary ranks 4th highest in rents for Canada. With the approved plans in place and strategic connectivity, this investment promises both immediate and long-term returns. Don't miss out on this incredible opportunity to add a new multi-family building to your portfolio! Contact us today for more information. (id:1945)

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 2620 Centre Street Ne

  • Lot Features: Back lane
  • Lot Size Units: square feet
  • Lot Size Dimensions: 11087.00

Location & CommunityUnderstand the neighborhood and community

  • Common Interest: Freehold
  • Street Dir Suffix: Northeast
  • Subdivision Name: Tuxedo Park

Tax & Legal InformationGet tax and legal details applicable to 2620 Centre Street Ne

  • Tax Lot: 23-26
  • Tax Year: 2023
  • Tax Block: 12
  • Parcel Number: 0036864354
  • Tax Annual Amount: 33112
  • Zoning Description: MU-2 f3.7h26
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Nearby Listings Stat

Active listings
337
Min Price
$18
Max Price
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Avg Price
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Days on Market
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Min Sold Price
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Max Sold Price
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Avg Sold Price
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Days until Sold
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Nearby Places

Name
Type
Address
Distance
Tuxedo Park, Calgary
The inner city community is bounded to the north b...
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James Fowler High School
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Andrew Pohlod
  • Andrew Pohlod
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