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535 & 533 24th Avenue NW
Calgary
T2M 1X4
$3,200,000
Multi-Family
1,100 sq. ft.
built: 1950
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2143418
- Year Built:
- 1950
- Photos (35)
- Schedule / Email
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- Mortgage calculator
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Schedule a viewing:
Cancel any time.
Attention Builders & Investors - prime, inner city, Mount Pleasant redevelopment Site with MC-2 zoning. Don't miss this RARE OPPORTUNITY to purchase these revenue-generating side-by-side properties, including lots 23, 24, 25 & 26 combined, offering 100' frontage x 180' lot length, approximately 18.000 sqft lot size or 0.41 acres. Fantastic inner city location - close to Downtown Calgary. Properties 531 (Linc# 0019928655/MLS A2143394) along with 535 & 533 (Linc# 0019928655/MLS A2143418) 24th Avenue NW must be purchased together. Huge multi-family residential redevelopment opportunity. South-facing backyards. MC2 is one of the highest medium-density zonings with tremendous flexibility to build commercial, multi-family, 4-6 storey apartment buildings are just some of the options with City of Calgary approval. There is a proposed development plan, land survey, geotechnical report, and ESA report for the proposed development of 49 units and 1 level of underground parking / enough for each unit - available to view in the supplements, along with a recent property appraisal $3.17 million (2023). Potential with City of Calgary approval to rezone and build even more ie. 75+ units with 2 levels of underground parking and potential commercial retail units (CRU's) at grade.
535 & 533 24th (built 1950) Avenue NW is a renovated bungalow with a legalized lower-level suite. Main floor offers 1100 + sqft 2 bedrooms, dining room, living room, kitchen + a 4 piece bathroom. Lower level suite with a separate entrance offers 1000+ sqft of living area, 1 bedroom, dining room, kitchen, living room + a 4 piece bathroom.
531 24th Avenue NW (built 1947) is a renovated 2-storey offering 2565 sqft above grade—3 suites (including 2 illegal suites), all in great condition. The main floor suite is 1470 sqft with hardwood floors, 2 bedrooms, a 5-piece bathroom , and a wood-burning fireplace. The upper level suite is 1100 sq ft with a living, dining room, 2 bedrooms, and a den with a private entrance. The lower level suite is 975 sqft, also with a separate entrance.
Please do not disturb tenants/access property. Showings of properties subject to an accepted offer to purchase.
Prime location within walking distance to Confederation Park, Mount Pleasant community amenities, schools, transit + new green line, shops & restaurants on 4th Street & 16th Ave NW. Quick commute to SAIT + Downtown Calgary. This is an incredible opportunity to develop a multi-family project or hold onto these inner-city Calgary properties with solid revenue generation, buy and hold or redevelop - the possibilities are endless.
- Property Type:
- Multi-Family
- Property Sub Type:
- Full Duplex
- Transaction Type:
- For Sale
- Possession:
- Signup
- Possession Date:
- Signup
- Home Style:
- Bungalow, Up/Down
- Total Living Area:
- 1,100 sq. ft.
- Main Level Finished Area:
- 1,100 sq. ft.
- Lower Level Finished Area:
- Signup
- Above Grade Finished Area:
- Signup
- Below Grade Finished Area:
- 975 sq. ft.
- Taxes:
- Signup
- Tax Assessed Value:
- Signup
- HOA Fee Includes:
- Signup
- Lot Area:
- 18,000 sq. ft.
- Lot Frontage:
- 100'
- Lot Details:
- 100 x 180
- Acres Cleared:
- Signup
- Acres Cultivated:
- Signup
- Acres Irrigated:
- Signup
- Acres Leasehold:
- Signup
- Acres Not Cultivated:
- Signup
- Acres Freehold:
- Signup
- Acres Seeded:
- Signup
- Acres Tame Hay:
- Signup
- Acres Treed:
- Signup
- Acres Waste:
- Signup
- Acres Water Rights:
- Signup
- Reg. Size:
- Signup
- Reg. Size Includes:
- Signup
- Stories Total:
- 1
- Levels:
- One
- Year built:
- 1950 (Age: 74)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 29340
- Heating:
- Forced Air, Natural Gas
- Basement:
- Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade
- Foundation:
- Poured Concrete
- Construction Material:
- Stucco, Wood Frame, Wood Siding
- Structure Type:
- Duplex
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Ceramic Tile, Laminate
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached, Driveway, Garage Faces Rear, Oversized
- Parking Places:
- 8.0
- Parking Total/Covered:
- 8 / -
- Laundry Features:
- Multiple Locations
- Mount Pleasant (Calgary)
- Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Washer/Dryer Stacked, Window Coverings
- 2nd built in dishwasher, 2 hood fans, 2nd refrigerator, 2nd electric stove
- None Known
- Title to Land:
- Fee Simple
- Community Features:
- Golf, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- See Remarks
- Exterior Features:
- Private Yard
- Lot Features:
- Back Yard, City Lot, Fruit Trees/Shrub(s), Near Shopping Center, Landscaped, Many Trees, Street Lighting, Near Golf Course, Near Public Transit, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-C2
- Listed Date:
- Jun 21, 2024
- Days on Mkt:
- Signup
-
Front view of 535 & 533 24th Avenue NW -
Aerial view of front of properties
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Front view of 535 & 533 24th Avenue NW
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Front view of 535 & 533 24th Avenue NW
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of properties - close proximity to Downtown Calgary
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Mount Pleasant Community
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Mount Pleasant Community
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Aerial view of properties
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of properties
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Photo 21 of 35
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of properties
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Aerial view of properties
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of 531 24th Avenue NW
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View of 531 24th Avenue NW
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Front view of 531 24th Avenue NW
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Front view of 531 24th Avenue NW
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Front view 531 24th Avenue NW
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Front view 531 24th Avenue NW
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Aerial view within close proximity to Downtown Calgary
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Aerial view of properties
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Aerial view within close proximity to Downtown Calgary
Listed by Century 21 Bravo Realty
Data was last updated July 1, 2024 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 23
- Avg list price:
- $1,299,999
- Min list price:
- $265,000
- Max list price:
- $4,199,999
- Avg days on market:
- 30
- Min days on market:
- 4
- Max days on market:
- 159
- Avg price per sq.ft.:
- $601.16
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
- CIR Realty
- 1 (403) 397 3706
- Diane@mypadCalgary.com
