LOADING

2135, 2139, 2143 50 Avenue Sw Calgary, Alberta T2T 2W5

9 Bedroom 5 Bathroom 3925 sqft
Bungalow Fireplace None Forced Air Landscaped

$3,450,000

150' x 138' LAND ASSEMBLY IN NORTH GLENMORE PARK | THREE ADJACENT PARCELS OFFERED TOGETHER | SUITED TO A 5-STOREY APARTMENT, SUBJECT TO CITY APPROVAL | FLAT SITE, CORNER INFLUENCE, SOUTH-FACING REAR | HOLDING INCOME FROM EXISTING HOMES | 8 MINUTES TO DOWNTOWN. Assembling this much land in North Glenmore Park is close to impossible; here it has already been done for you. Three adjacent properties, each approximately 50' x 139', are offered together to create a combined 150' x 138' footprint well-suited to a mid-rise purpose-built rental or condominium project, subject to city approval. The flat topography, corner influence and south-facing rear exposure support efficient building design, strong unit layouts and optimal natural light, the drivers of rental performance and long-term asset value. The existing homes provide holding income while entitlements proceed, but the primary value is the assembly itself and its capacity for higher-density redevelopment in a mature, high-demand inner-city location surrounded by quality infill. Surrounding amenities drive tenant demand: Central Memorial High School and Altadore School nearby; North Glenmore Park and the Glenmore Reservoir with pathways, the Calgary Canoe Club, Calgary Rowing Club, tennis courts, cross-country skiing, skating trails and picnic areas; plus Glenmore Athletic Park and the Glenmore Aquatic Centre. Downtown is approximately 8 minutes away via Crowchild Trail and Glenmore Trail. For developers and investors targeting a Calgary multifamily site with scale, configuration, exposure and location, this is a strategic acquisition for a long-term hold or build-to-sell project. (id:58126)

Property Details

MLS® Number A2302642
Property Type Single Family
Community Name North Glenmore Park
Amenities Near By Park, Playground, Schools, Shopping
Features See Remarks, Back Lane, Level
Parking Space Total 6

Building

Bathroom Total 5
Bedrooms Above Ground 8
Bedrooms Below Ground 1
Bedrooms Total 9
Appliances See Remarks
Architectural Style Bungalow
Basement Development Finished
Basement Features Separate Entrance, Suite
Basement Type Full (finished)
Constructed Date 1961
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Stucco, Wood Siding
Fire Protection Smoke Detectors
Fireplace Present Yes
Fireplace Total 2
Flooring Type Carpeted, Linoleum
Foundation Type Poured Concrete
Heating Type Forced Air
Stories Total 1
Size Interior 3925 Sqft
Total Finished Area 3924.94 Sqft
Type House

Parking

Detached Garage 2
Other
Oversize

Land

Acreage No
Fence Type Fence
Land Amenities Park, Playground, Schools, Shopping
Landscape Features Landscaped
Size Depth 42.19 M
Size Frontage 45.72 M
Size Irregular 1928.93
Size Total 1928.93 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Size Total Text 1928.93 M2|10,890 - 21,799 Sqft (1/4 - 1/2 Ac)
Zoning Description R-c2

Rooms

Level Type Dimensions
Basement Recreational, Games Room 12.75 Ft x 22.58 Ft
Basement Kitchen 12.00 Ft x 10.50 Ft
Basement Bedroom 15.58 Ft x 12.92 Ft
Basement 3pc Bathroom 8.00 Ft x 4.92 Ft
Basement Recreational, Games Room 18.58 Ft x 11.42 Ft
Basement Storage 18.83 Ft x 32.67 Ft
Basement Storage 3.75 Ft x 6.58 Ft
Basement Family Room 14.17 Ft x 21.25 Ft
Basement Recreational, Games Room 32.08 Ft x 11.50 Ft
Basement Storage 15.17 Ft x 15.50 Ft
Basement Furnace 7.50 Ft x 6.58 Ft
Basement 3pc Bathroom 9.50 Ft x 6.58 Ft
Main Level Foyer 11.83 Ft x 6.50 Ft
Main Level Living Room 11.83 Ft x 37.83 Ft
Main Level Kitchen 14.08 Ft x 12.42 Ft
Main Level Family Room 27.17 Ft x 15.42 Ft
Main Level Sunroom 11.08 Ft x 11.17 Ft
Main Level Primary Bedroom 12.75 Ft x 12.17 Ft
Main Level Bedroom 9.33 Ft x 12.17 Ft
Main Level Bedroom 9.25 Ft x 9.00 Ft
Main Level 4pc Bathroom 12.75 Ft x 6.42 Ft
Main Level Dining Room 12.17 Ft x 6.50 Ft
Main Level Living Room 15.25 Ft x 10.75 Ft
Main Level Dining Room 11.58 Ft x 10.42 Ft
Main Level Kitchen 6.92 Ft x 11.92 Ft
Main Level Primary Bedroom 9.25 Ft x 12.00 Ft
Main Level Bedroom 9.25 Ft x 12.00 Ft
Main Level 3pc Bathroom 8.25 Ft x 6.92 Ft
Main Level Living Room 15.17 Ft x 15.50 Ft
Main Level Kitchen 14.00 Ft x 15.92 Ft
Main Level Storage 4.00 Ft x 6.83 Ft
Main Level Primary Bedroom 11.17 Ft x 15.00 Ft
Main Level Bedroom 10.58 Ft x 11.58 Ft
Main Level Bedroom 7.92 Ft x 11.67 Ft
Main Level 3pc Bathroom 7.25 Ft x 6.83 Ft

https://www.realtor.ca/real-estate/29618368/2135-2139-2143-50-avenue-sw-calgary-north-glenmore-park

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Justin Warthe
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(403) 620-8746
www.topcalgaryrealestate.com/
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Real Broker
#700, 1816 Crowchild Trail Nw
Calgary, Alberta T2M 3Y7

(855) 623-6900
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Michelle Fournier
Associate

(403) 618-5883
stonewayadvisory.com/

Real Broker
#700, 1816 Crowchild Trail Nw
Calgary, Alberta T2M 3Y7

(855) 623-6900
www.joinreal.com/

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