**Rare Investment and Redevelopment Opportunity in Charleswood**
Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property.
The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants.
The approved Development Permit is for a **four-unit row home development with four legal basement suites**, offering excellent rental-income potential and possible eligibility for the **CMHC MLI Select Program**. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex.
The approved Development Permit and building plans are included in the listing documents.
This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood.
**Please note:** The Development Permit is currently under appeal.
Essential information
MLS® number
A2354914
Status
Active
Price
$899,000
Property type
Residential
Type
Detached
Transaction
For Sale
Restrictions
None Known
Bedrooms
5
Bathrooms
2 full
Living area
1,071 sq ft
Lot size
5,887 sq ft
Year built
1960
Structure
House
Style
Bungalow
Levels
One
Listing brokerage
SkaiRise Realty
Source
Pillar 9™ MLS® System
Interior
Heating
Forced Air, Natural Gas
Flooring
Laminate
Appliances
Electric Range, Electric Stove, Refrigerator, Washer/Dryer
Features
Granite Counters
Fireplaces
0
Laundry
In Basement
Basement
Full
Basement development
Finished
Exterior and construction
Features
Private Yard
Construction
Asphalt, Concrete, Stucco
Roof
Asphalt Shingle
Foundation
Poured Concrete
Lot features
Corner Lot
Frontage
25.98M 85`3"
Zoning
R-CG
Parking
Total parking
1
Garage spaces
1
Features
Single Garage Detached
Services
Sewer
Public Sewer
Water
Public
Community
City
Calgary
Province
AB
Postal code
T2L 0Z2
Features
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks
Where it is
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Approximate location, plotted from the listing’s own coordinates.
Mortgage calculator
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47 photos$800,0003811 24 Street NW, Calgary
