Calgary, AB t2v 1k1,7304 Elbow DR Southwest
Calgary, AB t2v 1k1,7304 Elbow DR Southwest
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
10
Apr
Fri
11
Apr
Sat
12
Apr
$425,000
Est. payment /mo
4,305 Sqft Lot
Save

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Residential Land

Listing Status Active

Purchase Type For Sale

Subdivision Kingsland

MLS® Listing ID A2201107

Lot Size 4,305 Sqft

Acres 0.1

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 Underground Utility Right of Way

Tax ID 94953895


Read Less Info
Listed by MaxWell Capital Realty
advisor-avatar

"Interested in this home? Or similar properties to this one? Reach out, let's talk about the next step."

GET MORE INFORMATION

Name
Phone*
Message

Go tour this home

7304 Elbow DR Southwest