Dobey Realty

$950,000 · For Sale

1407 28 Street SW, Calgary, Alberta

2+1Bedrooms
2Bathrooms
1,072sq ft
654m² Lot
64Days on Market

About This Property

Attention developers, builders and investors - this is a rare opportunity to secure an exceptional redevelopment site in Shaganappi, one of Calgary’s most established and strategically located inner-city communities. Situated on an approximately 47' x 150' M-C2 zoned lot, the property checks the boxes investors look for: scale, zoning, transit, holding income and a head start on redevelopment, with a Development Permit application already submitted for a proposed 10-unit multi-residential project. The existing residence and legal one-bedroom basement suite provide holding income while the redevelopment process moves forward. The location is equally compelling - just one block from the LRT, minutes from downtown, and close to Westbrook Mall, parks, schools, recreation and everyday amenities. With the zoning, income and redevelopment work already in motion, the groundwork has been laid - the next owner gets to capitalize on the opportunity.

Key Features

  • Built in 1947
  • House
  • Freehold
  • Basement: Finished, Full, Separate entrance, Suite
  • Other Parking
  • Forced air Heat

Property Details

Community Shaganappi
Property Type House
Building Type House
Storeys 1
Year Built 1947
Ownership/Title Freehold
MLS® Number A2331540

Size & Land

Finished Area 1,072 sq ft
Land Size 654 m² Lot

Building Features

Basement Finished, Full, Separate entrance, Suite
Heating Forced air
Cooling None
Foundation Poured Concrete

Parking

Parking Type Other
Parking Spaces 1

Financial & Other

Property Taxes $5,552/yr

Location

Get Directions →

Map location is approximate.

Estimated Monthly Payment

$4,035/mo

Based on 20% down, a 4.09% rate and 25-year amortization. Your actual payment will depend on your rate, down payment, and lender.

  • Mortgage$4,035
  • Property tax$463
  • Estimated total$4,498/mo
Customize This Estimate →
Listing courtesy of Royal LePage METRO · Calgary Real Estate Board
View on REALTOR.ca

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