Seize this outstanding investment opportunity in the vibrant Glendale neighborhood! Nestled on a large corner lot, this charming bungalow presents a unique blend of comfort, convenience, and redevelopment potential. Zoned H-GO, the property offers substantial possibilities for building a high-demand rental complex. It’s ideally located within walking distance of local shops, restaurants, the library, a recreation centre, and other amenities, with excellent access to public transit.
The existing, well-maintained two-bedroom home features a thoughtfully designed layout. The main floor boasts a spacious primary suite, with a convenient 2-piece en-suite for added privacy. The open living room is perfect for entertaining, seamlessly connecting to the dining room and kitchen. The family room offers a versatile space, perfect for a variety of uses. A full 4-piece bathroom enhances the functionality of the space. The lower level expands the living area with a large rec room, offering endless possibilities for entertainment, relaxation, or hobbies. This floor also includes a third bedroom, a 3-piece bathroom, and a practical laundry area, making the home highly efficient.
The outdoor space is just as inviting, featuring a fenced-in yard with a deck, an oversized detached garage, and ample front parking, along with an extra parking spot beside the garage. Whether you’re looking to generate rental income now or hold the property for future redevelopment, this is a solid investment.
For those ready to develop, plans are available and the Development Permit has been submitted.
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
No
Home Style:
Bungalow
Total Living Area:
1,129 sq. ft.104.89 m2
Main Level Finished Area:
1,129 sq. ft.104.89 m2
Lot Area:
5,952 sq. ft.552.96 m2
Lot Frontage:
59'11"18.27 m
Front Exposure:
North
Floor Location:
Below Grade
Levels:
One
Total Rooms Above Grade:
6
Year built:
1957
(Age: 67)
Bedrooms:
2
(Above Grd: 1)
Bedrooms Above Grade:
1
Bedrooms Below Grade:
1
Bathrooms:
3.0
(Full:2, Half:1)
Plan:
4216HE
Heating:
Forced Air, Natural Gas
Basement:
Finished, Full
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Aluminum Siding
Structure Type:
House
Roof:
Asphalt
Ensuite:
Yes
Flooring:
Carpet, Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
0
Garage:
1
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
4.0
Parking Total/Covered:
4 /
-
Laundry Features:
In Basement
Glendale (Calgary)
Dishwasher, Dryer, Garage Control(s), Gas Stove, Refrigerator, Washer, Window Coverings
N/A
Encroachment
Floor
Type
Size
Other
Main Floor
Dining Room
11'4"3.45 m × 9'2.74 m
Main Floor
Family Room
19'5"5.92 m × 9'6"2.90 m
Main Floor
Kitchen
13'4"4.06 m × 12'8"3.86 m
Main Floor
Living Room
13'4"4.06 m × 12'8"3.86 m
Main Floor
Living Room
17'5"5.31 m × 11'6"3.51 m
Main Floor
Bedroom - Primary
12'3.66 m × 11'11"3.63 m
Basement
Bedroom
15'4.57 m × 11'7"3.53 m
Basement
Laundry
7'2"2.18 m × 5'6"1.68 m
Basement
Game Room
26'7"8.10 m × 20'10"6.35 m
Basement
Storage
11'11"3.63 m × 8'11"2.72 m
Basement
Furnace/Utility Room
12'3"3.73 m × 6'3"1.91 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Main Floor
Yes
2
Basement
No
3
Title to Land:
Fee Simple
Community Features:
Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Data was last updated November 5, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
4,919
Avg list price:
$589,900
Min list price:
$159,900
Max list price:
$10,000,000
Avg days on market:
33
Min days on market:
1
Max days on market:
466
Avg price per sq.ft.:
$436.89
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.