1928 26 Avenue SW

1928 26 Avenue SW, Calgary

$799,900

  • 4
  • 2
1,709 Square Feet
LAND, LAND, LAND ASSEMBLY - OPPORTUNITY IN INNER-CITY CALGARY in Bankview on 26th AVE SW. This spectacular 45’ x 139’ RC-2 zoned lot should be sold with it’s neighboring lots … up to 7 more 45’ lots are available! See two of eight of the next-door properties (MLS#A2043804 and MLS#A2043867) You may assemble up to 360’ of exclusive inner-city land. (We are listing 1920, 1924 and 1928 26 AVE SW on the MLS. Also available is 1932, 1936, 1940, 1944 and 1948!) Located in the ultra sought-after inner-city community of Bankview and Marda Loop, these lots are perched at a high point in the community. Build with potential city views on a reasonably quiet street. This convenient and exclusive location is just minutes from both the Children's and Foothills Hospitals, Tom Baker Cancer Centre, Mount Royal University, University of Calgary, and affords easy access to the downtown core or escape to the nearby mountains. Also, just steps away from the Bow River and its extensive pathways system. Seven of the existing eight homes are in very good condition and are rented at mostly current market rent. All Rented with a CAP RATE of Nearly 6%! The existing zoning allows easy subdivision into two lots and building of duplexes, but the city much prefers higher density as witnessed with the new building of a multi-family complex 300m East. This land intersects the communities of Bankview, South Calgary and Richmond Park/Knobhill. Along with Altadore and Garrison Woods, these communities comprise the commercial district of Trendy Marda Loop, which continues to be quickly redeveloping with executive homes and multi-family throughout its picturesque tree-lined streets. This is an amazing opportunity to buy and hold land in inner-city Calgary, or get to work immediately at a multi-family project.
  • Listing ID: A2043869
  • Property Type: Residential
  • Year Built: 1953
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Listing provided courtesy of eXp Realty

Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. 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. Used under license.

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    This property for sale at 1928 26 Avenue SW in Calgary was last modified on June 5th, 2023. Contact Vanessa Pitman today and schedule a viewing or subscribe to real estate for sale in Calgary.

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