1 Bed
1 Bath
710 SqFt
1 Bed
1 Bath
710 SqFt
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 710.0
Square Footage 710 sqft
Price per Sqft $985
Subdivision Ramsay
MLS Listing ID A2292796
Style Bungalow
Bedrooms 1
Full Baths 1
HOA Y/N No
Year Built 1944
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Detached
Property Description
A City-supported conceptual design illustrates the potential for a 28-unit multi-family development,aligning with Calgary's inner-city densification strategy. City planning discussions have already taken place and have been supportive of redevelopment concepts,with development approval drawings able to be prepared quickly for submission.
For additional context,a nearby land assembly of approximately 35,000 sq. ft. recently received approval for only 20 units,highlighting the strong potential density achievable on this nearly 10,000 sq. ft. site.
The property benefits from dual street access from 8 Street SE and Maggie Street,allowing flexible site planning and efficient circulation. Conceptual plans respect the neighborhood's historic character while introducing modern,attainable inner-city housing.
Multiple acquisition options may be available for builders and developers:
• Purchase 1123 and 1125 together as a land assembly (66' x 148.5')
• Purchase 1123 or 1125 individually
• Purchase the Maggie Street SE frontage portion of 1125,currently the backyard,which may potentially be subdivided into a 33' x 72.25' development lot offered at $360,000. The existing home does not encroach on this proposed lot,allowing flexibility for future development.
Ideally situated steps from Red's Diner and within walking distance to Stampede Park,the BMO Centre,Calgary's Culture and Entertainment District,and the future SAM Centre,as well as the vibrant shops and restaurants of Inglewood.
Ramsay continues to benefit from significant public and private reinvestment,making this one of Calgary's most attractive inner-city redevelopment locations.
Conceptual planning materials available to qualified buyers upon request.
Come have a look today and make an offer.
Location
Province AB
County Cal Zone Cc
Community Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Area Cal Zone Cc
Zoning R-CG
Direction SE
Rooms
Basement None
Interior
Interior Features See Remarks
Heating Other
Cooling None
Flooring Other, Wood
Fireplace Yes
Appliance None
Laundry None
Exterior
Exterior Feature None
Parking Features Off Street
Fence None
Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Roof Type Asphalt
Porch None
Total Parking Spaces 2
Garage No
Building
Lot Description See Remarks, Sloped Up
Dwelling Type House
Faces E
Story One
Foundation Block
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Restrictions See Remarks
Nearby Locations
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