AB > Calgary > Kingsland
Calgary, AB t2v1k1,7302 Elbow DR Southwest
Calgary, AB t2v1k1,7302 Elbow DR Southwest
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Alankar Ghimire

Alankar Ghimire

+1(403) 816-9431
$425,000
Est. payment /mo
3,659 Sqft Lot
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Key Details

Property Type Vacant Land

Sub Type Residential Land

Listing Status Active

Purchase Type For Sale

Subdivision Kingsland

MLS® Listing ID A2201113

Lot Size 3,659 Sqft

Acres 0.08

Property Sub-Type Residential Land

Property Description

Exciting Investment Opportunity for Developers and Investors in the Kingsland Neighbourhood!
Presenting a prime development opportunity with TWO lots combined for an impressive 65-ft x 122-ft of land, perfectly situated in the highly desirable Kingsland area! Whether you're looking to build single-family homes with the potential for basement suites (subject to city approval) to sell or embark on a larger-scale redevelopment project, this property is ready to bring your vision to life.
Take advantage of the H-GO zoning, which allows for taller 12m townhomes, and even the possibility of stacked units. With city approval, you can create 8-10 Rental units in two separate buildings, each with its own garage, and basement suites may also be permitted. This opens the door to a variety of exciting redevelopment options, ideal for multi-family housing.
In addition, CMHC MLI Select Multi-Family Financing is available, offering favorable mortgage rates, up to 50-year amortization, and extra incentives for purpose-built rentals (buyer to confirm details with CMHC).
The property is ready for immediate development – demolition has already been completed, saving you both time and costs. This is an exceptional opportunity to get a head start on your next big project!
Both 7302 & 7403 Elbow Drive SW must be included in the sale, so don't miss out on this incredible chance to transform these lots into a lucrative investment!
Contact us today to discuss the possibilities and make this property your next big project!

Location

Province AB

County Calgary

Area Cal Zone S

Zoning H-GO

Interior

Inclusions Fence

Exterior

Fence Partial

Others

Restrictions None Known

Tax ID 94953896

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Listed by MaxWell Capital Realty
agent

Alankar Ghimire

Agent | License ID: LIC-00511115

+1(403) 816-9431

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7302 Elbow DR Southwest

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