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408 3 Avenue NE
Crescent Heights Calgary T2E 0H6

$1,529,900
Land

Main Photo: 408 3 Avenue NE in Calgary: Crescent Heights Residential Land for sale : MLS®# A2065292
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Status:
Active
Prop. Type:
Land
MLS® Num:
A2065292
Introducing an exceptional development land opportunity, nestled in the highly sought-after Crescent Heights neighborhood and adjacent to the trendy Bridgeland area. This prime piece of land measures a total of 100 ft x 120 ft and is zoned M-C2, offering tremendous potential for development. With a Floor Area Ratio (FAR) of 2.5 and no density limit, this property presents an ideal canvas for constructing an apartment or condo building. The assembly comprises three lots with separate titles, consisting of one 50 ft lot and two 25 ft lots. This configuration allows for flexibility in design and layout. The location offers convenient access with a man-door entrance off 3rd St NE and a parkade entrance accessible from the southeast corner of the lot on 3rd Ave. Notably, the ground-level views of the city are nothing short of phenomenal. Theres a vacant 50 ft lot, a vacant 25 ft lot, and an infill property that is currently rented for $1,900 per month. The addresses for the lots (must be sold together) are 404, 406, and 408 3 Ave NE, respectively. This arrangement provides both immediate income and flexibility for development. Situated in an incredible inner-city location, this property offers the convenience of being within walking distance to the picturesque river pathways, the vibrant Downtown Core, the thriving East Village, and a wide range of desirable amenities. Whether you seek recreational activities, cultural attractions, or dining and shopping options, everything is within reach. The seller is flexible on possession, allowing for a smooth transition for potential buyers. Don't miss this remarkable opportunity to acquire a prime development land in Crescent Heights, offering unlimited potential and an enviable location. Act now and make your mark in this vibrant and desirable community.
Property Type:
Land
Property Sub Type:
Residential Land
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Lower Level Finished Area:
Above Grade Finished Area:
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
12,000 sq. ft.
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Acres Not Cultivated:
Acres Freehold:
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Reg. Size:
Reg. Size Includes:
Bathrooms:
- (Full:-, Half:-)
Plan:
1332N
Ensuite:
No
Garage:
0
Crescent Heights
land value what is in the house as is where is
Easement Registered On Title, Restrictive Covenant
Title to Land:
Fee Simple
Lot Features:
Back Yard, Cul-De-Sac, Irregular Lot, Rolling Slope, See Remarks, Sloped
Access To Property:
Direct Access
Num. of Parcels:
0
Fencing:
Partial
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Jul 12, 2023
Days on Mkt:
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Listed by RE/MAX Real Estate (Central)
Data was last updated June 29, 2024 at 08:05 PM (UTC)
Area Statistics
Listings on market:
86
Avg list price:
$1,499,197
Min list price:
$149,900
Max list price:
$35,000,000
Avg days on market:
82
Min days on market:
1
Max days on market:
2,524
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Diane Richardson
Cell: 403-397-3706