Calgary Realtor

$1,175,000 · For Sale
3750 7 Avenue NW, Calgary, Alberta
2+2Bedrooms
2Bathrooms
1,068sq ft
557m² Lot
26Days on Market

About This Property

RARE PARKDALE DEVELOPMENT OPPORTUNITY – APPROVED 8-UNIT DEVELOPMENT PERMIT! An exceptionally rare opportunity for a CORNER lot in the highly sought-after inner-city community of Parkdale. This property comes with an APPROVED DEVELOPMENT PERMIT FOR AN 8-UNIT MULTI-RESIDENTIAL DEVELOPMENT—an increasingly difficult approval to replicate under Calgary's evolving planning policies. For builders, developers and investors, the value here is in the existing approval. With the development permit already secured, this property offers a significant head start. Opportunities of this nature have become extremely scarce, especially in one of Calgary's most desirable inner-city communities. Parkdale continues to be one of Calgary's most desirable redevelopment communities, offering excellent proximity to the Bow River pathway system, Foothills Medical Centre, Alberta Children's Hospital, University of Calgary, Market Mall, schools, parks and downtown Calgary. The location provides an outstanding combination of inner-city convenience, established neighborhood character and long-term redevelopment appeal. Whether you're a developer looking for your next project or an investor seeking a scarce inner-city land opportunity, properties with this level of development potential and existing approval rarely become available.

Key Features

  • Built in 1953
  • House
  • Freehold
  • Basement: Finished, Full
  • Detached Garage Parking
  • 1 Fireplace

Property Details

Community Parkdale
Property Type Single Family
Building Type House
Storeys 1
Year Built 1953
Ownership/Title Freehold
MLS® Number A2340475

Size & Land

Finished Area 1,068 sq ft
Land Size 557 m² Lot

Building Features

Basement Finished, Full
Heating Forced air
Cooling None
Foundation Poured Concrete
Fireplace 1 Fireplace

Parking

Parking Type Detached Garage
Parking Spaces 2

Financial & Other

Property Taxes $6,274/yr

Location

Click to interact with the map
Get Directions →

Map location is approximate.

Estimated Monthly Payment

$4,991/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.

Customize This Estimate →
Listing courtesy of TREC The Real Estate Company · Calgary Real Estate Board
View on REALTOR.ca
ED
Evans Dobey
REALTOR | CIR Realty
Powered by REALTOR.ca

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.