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Sam Mehrbod PREC*
realtor phone number +17789963603 agent realty Team 3000 Realty Ltd.
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314 28 AV NE, Tuxedo Park, Calgary

2 Bedrooms
1 Bathrooms
1151 sqft
Built In 1940
2 months ago
Property Description
BUILDERS + INVESTORS + HANDYMAN - RARE OPPORTUNITY!! Plans, Surveys, Drawings & Renders - Ready for application to the City of Calgary P & D. This amazing property is on a SOUTH FRONT EXPOSURE/FLAT/RECTANGULAR/BACK LANE on 55 x 120 FT RC-2 lot in the highly sought after INNER-CITY community of Tuxedo Park. Build two Single Detached Homes - Live in the one and sell the other or both. These homes can have the potential of a PERFECT downtown SKYLINE and Rocky Mountain views. The current bungalow home boasts 1151sqft, 2+1 Bdrms + 1 Bath, Dbl Detached Garage with Laneway access at the back. Fantastic location: close to schools, parks, public transportation, golf course, shopping, SAIT and the University of Calgary. Several restaurants are within a short walking distance and mere steps away from Center Street and the future Greenline station. Easy access to Downtown, Centre Street, 16th Avenue, and McKnight and Deerfoot Trail. Move-in, Rent or Ready to Build; this property is a great investment all around![...] YOUR OPPORTUNITIES:1.BUILD: This lot is READY TO BUILD with a full set of drawings included. Plans are ready for TWO single detached 2-storey infills with double detached garage - each with approx. 2127 of above grade sq.ft. w/ potential views of downtown and Rocky Mountains AND we have builders you can partner with. 2.HOLD: Rentable property to potentially yield up to 1700+ / month + 150 separate for the garage. Build equity while renting your property out in this hot rental market.3.CO-OP: Co-op build opportunity - partner with one of our builders to subdivide and split the lot; share the cost to subdivide and build by taking 50/50 share of interest and build when you're ready OR build together. 4.REZONE: Propose to rezone lot to maximize and increase density. Rent out the property, while having your application with the City.5. SINGLE LOT ONLY: Option for the sale of 27.5 * 120 lot for sale. Ask about more details. (id:26452)

House located at 314 28 AV NE. It has 2 beds, 1 bathrooms, and is 1151 square feet. The property was built in 1940. 314 28 AV NE is in the Tuxedo Park neighborhood.

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Mortgage Estimation
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20% down payment
per month
35% down payment
per month
50% down payment
per month
Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders
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Property Price
Payment Years
Downpayment %
Interest Rate %
Total Mortgage: $23525
Down Payment: $3523