Making Your Real Estate Dreams Come True

1518, 1520, 1522 16 Avenue SW, Calgary MLS®: C4182727

$2,285,000
0 Bed
0 Bath
11,375 Sqft
4,876 Lot SqFt
1912 Built


Rare opportunity! Redevelopment or holding property. (87.5x130) 11, 375 sq ft Mc-2. Ideal for townhomes or multi family with re zoning potential. Great holding property as the 3 homes have been extensively renovated from kitchens to bathroom, paint, refinished hardwood floors, laundry facilities, newer windows and screening. Lots of parking in the back and front. 1518 has monthly revenues of $50k a year. 1520 and 1522 are used as AIR BnB with a basement suite rented out monthly and both homes are generating $150k a year in revenues. Prime location for tourists and tenants. A block off 17 Ave shopping and entertainment corridor. Easy downtown access with short walk to LRT and minutes to downtown. Property has great potential for redevelopment or holding property.
Taxes (2017): $3,373.00
Site Influences
  • Back Lane
  • Flat Site
  • Public Transportation
  • Shopping Nearby
  • Street Lighting

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Listed By: RE/MAX LEN T.WONG&ASSOCIATES REAL ESTATE

Disclaimer: Listing information © 2016 Calgary Real Estate Board.