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2620 CENTRE Street NE in Calgary: Tuxedo Park Land for sale : MLS®# C4201136

2620 CENTRE Street NE Calgary T2E 2V4 : Tuxedo Park

Main Photo: 2620 CENTRE Street NE in Calgary: Tuxedo Park Land for sale : MLS®# C4201136
$2,999,000
Prop. Type:
Land
MLS® Num:
C4201136
Status:
Active
Attention Builders and Investors!! Tremendous opportunity to purchase 3 consolidated lots at the corner of 26 Avenue NE on the Centre Street, where a future Green Line LRT station will be built. The lots' location can be easily accessed from the Centre Street, Edmonton Trail, 4 Street NW and the 16 Avenue (Trans Canada Highway). Most importantly, it is only a 5-minute drive from/to downtown. At present, there is a house on one of the lots (at the south side) renting for $1700 per month (land value only). With a total land size of 11,000 sq ft, land use MU-2 commercial and residential mixed-use with a maximum floor area ratio of 3, the lots have a huge potential to be developed into various commercial properties along with residential properties. In addition, the current owner is in the process of applying for discretionary use for 40 condo units and 1 floor of retail space. Which, will further increase the development potential.
Property Type:
Land
Condo Type:
Not a Condo
Taxes:
$21,563 / 2018
Lot Area:
Switch units of measure11,086.83 sq. ft.
Lot Frontage:
Switch units of measure105'3"
Lot Shape:
Rectangular
Bathrooms:
0.0 (Full:0, Half:0)
Plan:
2617AG
Water Supply:
Municipal
Garage:
0
Parking Total/Covered:
- / -
Title to Land:
Fee Simple
Possession Date:
Sep 01, 2018
Restrictions:
None Known
Tuxedo Park
Tuxedo Park
Fenced, Flat Site
Private
Possession:
Immed
Possession Days:
30
School District:
Calgary
Listed Date:
Days on Mkt:
Original Price:
Listed by GRAND REALTY
Listing information last updated on December 11, 2018 at 09:05 PM (UTC)