This isn't just land - it's leverage. Developers know - DOUBLE LOTS MEAN DOUBLE THE OPTIONS, DOUBLE THE RETURNS. Unlock the potential of this rare gem nestled in the heart of prestigious Altadoreâa neighborhood synonymous with luxury redevelopment and urban sophistication. This 2-bedroom + den, 2-bathroom home spans 1,287 sq ft above grade, offering immediate move-in comfort with hardwood floors, a sunlit living space, and a finished basement. But the true value lies in its expansive 50' x 125' lotâa developerâs dream in one of Calgaryâs most coveted inner-city neighbourhood.Zoned M-C1, this oversized parcel presents a blank canvas for visionary buyers: imagine crafting a stunning modern infill, a luxury duplex, or even a multi-unit project (subject to city approval), capitalizing on Altadoreâs skyrocketing demand for $1M+ properties. M-C1 Zoning allows for "maximum density for parcels designated M-C1 District is 148 units per hectare" with municipal approval. The lotâs generous dimensions and flat terrain minimize site prep costs, while its prime locationâjust steps from Marda Loopâs vibrant shops, cafes, and diningâensures unbeatable future resale value. Proximity to River Park, Sandy Beach, and top-tier schools like Altadore School further elevates its appeal for redevelopment targeting executive families or investors.Currently, the home offers a functional layout with a large, south-facing backyard and a detached garageâperfect for rental income or personal use while plans take shape. Savvy buyers will see the dual opportunity: live comfortably now, redevelop later. Altadoreâs transformation into a luxury hotspot is well underwayâ$1.5M+ infills dot the streetscapeâmaking this a strategic foothold in a market poised for growth. With Calgaryâs population booming and sophisticated buyers flocking to Alberta, this property is your chance to build equity or a legacy home in a neighborhood that defines prestige. Donât just buy a houseâinvest in Altadoreâs future. Explore this redevelopment opportunity today! (id:24240)
