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531 24th Avenue NW
Mount Pleasant Calgary T2M 1X4

$3,200,000
Multi-Family 2,565 sq. ft. built: 1947

Front view 531 24th Avenue NW
Photo 1: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 2: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 3: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 4: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 5: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 6: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 7: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 8: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 9: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 10: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 11: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 12: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 13: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 14: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 15: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 16: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 17: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 18: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 19: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 20: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 21: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 22: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 23: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 24: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 25: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 26: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 27: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 28: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 29: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 30: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 31: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 32: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 33: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 34: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 35: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2143394
Year Built:
1947
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 to build even more ie. 75+ units with 2 levels of underground parking and potential commercial retail units (CRU's) at grade. 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. 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. 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:
Triplex
Transaction Type:
For Sale
Possession:
Possession Date:
Home Style:
2 Storey, Up/Down
Total Living Area:
2,565 sq. ft.
Main Level Finished Area:
1,470 sq. ft.
Upper Level Finished Area:
1,100 sq. ft.
Lower Level Finished Area:
Above Grade Finished Area:
Below Grade Finished Area:
975 sq. ft.
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
18,000 sq. ft.
Lot Frontage:
100'
Lot Details:
100 X 180
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:
Stories Total:
2
Levels:
Two
Year built:
1947 (Age: 77)
Bathrooms:
- (Full:-, Half:-)
Plan:
29340
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Triplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Alley Access, Double Garage Detached, Garage Faces Rear
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Multiple Locations
Mount Pleasant (Calgary)
Dishwasher, Electric Stove, Gas Stove, Washer/Dryer, Washer/Dryer Stacked, Window Coverings
2nd dishwasher. & 2nd electric stove
None Known
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
See Remarks
Exterior Features:
Playground, Private Entrance, Private Yard
Lot Features:
Back Yard, City Lot, Near Shopping Center, Landscaped, Level, Street Lighting, Near Public Transit, Rectangular Lot, Treed
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Jun 21, 2024
Days on Mkt:
  • Photo 1: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view 531 24th Avenue NW
  • Photo 2: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of front of properties
  • Photo 3: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view 531 24th Avenue NW
  • Photo 4: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view 531 24th Avenue NW
  • Photo 5: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of 531 24th Avenue NW
  • Photo 6: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view 531 24th Avenue NW
  • Photo 7: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Photo 7 of 35
  • Photo 8: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties within close proximity to Downtown Calgary
  • Photo 9: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties within close proximity to Downtown Calgary
  • Photo 10: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 11: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 12: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 13: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 14: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 15: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 16: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 17: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 18: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties within close proximity to Downtown Calgary
  • Photo 19: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 20: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties within close proximity to Downtown Calgary
  • Photo 21: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 22: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Mount Pleasant Community
  • Photo 23: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 24: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 25: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 26: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Mount Pleasant Community
  • Photo 27: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Arial view of properties
  • Photo 28: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 29: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 30: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 31: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view of 535 & 533 24th Avenue NW
  • Photo 32: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view of 535 & 533 24th Avenue NW
  • Photo 33: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view of 535 & 533 24th Avenue NW
  • Photo 34: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 35: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
Listed by Century 21 Bravo Realty
Data was last updated June 29, 2024 at 08:05 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:
28
Min days on market:
2
Max days on market:
157
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
Cell: 403-397-3706