1804 - 1828 17 Street Nw Av Nw

$5,600,000, 42,000 Sqft 1 Acres

About This Property

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.

Essential Information

MLS® #C4286210
Price$5,600,000
Bathrooms0.00
Square Footage42,000
Acres1.00
Year Built1960
TypeCommercial
Sub-TypeMulti Family
StatusActive

Community Information

Address1804 - 1828 17 Street Nw Av Nw
SubdivisionCapitol Hill
CityCalgary
CountyCalgary
ProvinceAlberta
Postal CodeT2N 0S2

Interior

HeatingForced Air, See Remarks

Exterior

ConstructionWood Frame

Additional Information

ZoningMC-1

Listing Details

OfficeCIR REALTY

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Listing information last updated on November 29th, 2020 at 1:00am MST.

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