338 properties
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This property offers over 27,700 square feet of prime re-development land, currently operating as a medical building. The highest & best use envisions a one-level commercial/retail space and 5 levels of wood-frame residential apartments with underground parking. It offers substantial foot and vehicle traffic with a reliable and diverse tenant mix.
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This property is being sold as land value with significant potential for future development. Situated within the Lougheed Transit Corridor Neighborhood Community Plan, it's zoned for Medium Multi-family Residential. The property features a comfortable 3 bedroom, 1 bathroom main floor, currently owner occupied, and a lower floor with 2 bedrooms and 2 bathrooms, rented for approximately $2,600/month. The lower suite is authorized as a Temporary Residential Unit (TRU). Enjoy spacious living areas perfect for large family gatherings. Enjoy a double garage, ample parking for RV and car enthusiasts, and a large gated 10,127 sq. ft. fenced grassy lot.
PotentialThis property offers a substantial monthly income stream while holding for appreciation and potential future development.
