C3323838 Parkhill_Stanley Prk Calgary
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Specifications
- Listing Number :
- C3323838
- Price :
- $775,000
- Property Type:
- Residential
- City:
- Calgary
- Community:
- Parkhill_Stanley Prk
- Bedrooms:
- 5
- Full Baths:
- 2
- Half Baths:
- 0
- Floor Space:
- 1,399 ft�
- Lot Size:
- 422.24 m�
Description
DEVELOPER ALERT! Employment levels are high. Oil and natural gas are at record high prices. Interest rates are low. Our economy has never been more robust! Don't let this short-term slowdown in the real estate market limit your vision for the future of Calgary's housing market. You're a forward thinker and this is your opportunity! Together with the adjacent property, this RM-4 lot in desirable Parkhill-Stanley Park will support up to 18 condo units. Located just off Macleod Trail with easy access to both the C-Train and Stanley Park, this lot will one day house fabulous condos for those who appreciate the benefits of inner city living. Superb neighbourhood with other similar developments in varying stages of completion. While you're waiting for your development permit, collect up to $3,000/month in rent from two excellent suites (approx. $1,800 up/$1,200 down). Incredible opportunity to add to your development portfolio for less than $82,000/unit. Easily the best development opportunity in the city!
Brokered by ROYAL LEPAGE FOOTHILLS
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