DP APPROVED & Ready to Build: Prime 3-PLEX with Legal Basement Suites! Discover this beautiful CORNER LOT situated on a quiet street in Capitol Hill, perfect for a multi-family development. This property is MLI-SELECT eligible and comes with development permits already APPROVED, saving you both time and money on your project. With plans for 6 LEGAL SUITES, this location is highly desirable and conveniently close to LRT/transit, 16 Ave, SAIT, the University of Calgary, and Foothills Hospital, also making for a quick commute downtown. Plans available upon request! Currently, the property features a 2-bedroom bungalow with a 1-bedroom LEGAL suite. With a little TLC, the main floor, legal suite, and double detached garage can provide good rental income for buyers looking to hold the property long-term. Additionally, this property has potential as a HGO candidate due to its prime location, which would allow for increased density (ie. 4-Plex + Legal Basement Suites). Don’t miss out on this fantastic investment opportunity!
Data was last updated April 4, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$999,900
Min list price:
$265,000
Max list price:
$1,799,900
Avg days on market:
40
Min days on market:
1
Max days on market:
358
Avg price per sq.ft.:
$590.77
These statistics are generated based on the current listing's property type
and located in
Capitol Hill. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.