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1804 - 1828 17 STREET NW AV NW - MLS® # C4286210

1804 - 1828 17 STREET NW AV NW - MLS® # C4286210
  • Property Value $5,600,000
  • Lot Size Area 42001.0 sqft
  • Type Multi Family (Commercial)
  • Year Built 1960

Description

RARE opportunity for your next major development, this 350x120 (7 Premisses in a row) MC-1 lot in Capitol Hill. 42,000 sq/f with a FAR of 2.4 Allowed to build up to 14 Meters from grade at a distance greater than 3 meters from that shared property line. The buildable SQ/F can be at the builder's discretion depending on the use they choose to. Alternative Option for to build Assisted living, DP approved for 83,000 sq/f +/- buildable, approved for 118 units, if the buyer chooses that venture, builder is able to increase the BUILDABLE sq/f. There has been a Sanitary study done and can handle up to 150 units if the DP is revised (for assisted living). There's rental income from the existing premises as they're all rented out.

1804 - 1828 17 STREET NW AV NW, Calgary

Listing Provided By

CIR REALTY

Last Updated

2020-07-13 09:20

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** The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.