PERFECT LOCATION JUST MOMENTS TO AMENITIES!
ATTENTION: INVESTORS & DEVELOPERS! Here is an excellent opportunity for a full-size development lot in Montgomery that offers 8,643 sq ft of prime real estate! Montgomery is one of Calgary's rapidly evolving communities, where you can still acquire land at a reasonable price, and plenty of buyers are looking to acquire your finished product!
For those seeking an investment opportunity, this property is an excellent option for a "buy and hold” strategy. The sellers currently live in the home and are open to leasing it from the new owner, offering a potential income stream while you start on plans for future development. This land is currently R-CG zoned, providing the options to build townhomes with basement suites or subdividing into 2 lots and constructing 2 duplexes, resulting in 4 single-family homes.
Montgomery is an unbeatable inner-city location that offers countless amenities within a short drive, including Market Mall, NOtaBLE The Restaurant, Montgomery Community Association, Shouldice Arena and Athletic Park, Alberta Children's Hospital, and the University of Calgary. The nearby school, Terrace Road School, is a 10-minute away, and Montalban Park is less than a 20-minute away.
Address
1903 Home Road NW
Sold Date
12/09/2024
Property Type
Residential
Type of Dwelling
Detached
Style of Home
2 Storey
Area
Calgary NW
Sub-Area
Montgomery
Bedrooms
3
Bathrooms
2
Floor Area
1,516 Sq. Ft.
Lot Size
8643 Sq. Ft.
Year Built
1954
MLS® Number
A2160105
Listing Brokerage
RE/MAX House of Real Estate
Basement Area
Full, Unfinished
Postal Code
T3B 1H2
Zoning
R-C1
Site Influences
Corner Lot, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Sidewalks, Street Lights, Triangular Lot