4 Cheyenne Crescent Nw, Calgary, Alberta T2L 0Z2
Courtesy of SkaiRise Realty.
- $899,000
- 3
- BD
- 2
- BA
- 1,071
- SqFt
- List Price
- $899,000
- Status
- ACTIVE
- Days on Market
- 3
- MLS#
- A2354914
- Style
- Bungalow
- Year Built
- 1960
- Bedrooms
- 3
- Bathrooms
- 2
- Full Baths
- 2
- Living Area
- 1,071
- Acres
- 0.14
- MLS Area Major
- Calgary
Property Description
**Rare Investment and Redevelopment Opportunity in Charleswood**Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property.The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants.The approved Development Permit is for a **four-unit row home development with four legal basement suites**, offering excellent rental-income potential and possible eligibility for the **CMHC MLI Select Program**. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex.The approved Development Permit and building plans are included in the listing documents.This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood.**Please note:** The Development Permit is currently under appeal.
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Additional Information
- Interior Features
- Granite Counters
- Exterior Features
- Private Yard
- Community Features
- Charleswood
- Property Description
- Bungalow
- Appliances
- Electric Range, Electric Stove, Refrigerator, Washer/Dryer
- Heating
- Forced Air, Natural Gas
- Levels
- One
- Roof
- Asphalt Shingle
- Parking Features
- Single Garage Detached
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