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535 & 533 24th Avenue NW
Mount Pleasant
Calgary
T2M 1X4
$3,200,000
Multi-Family
1,100 sq. ft.
built: 1950
- Status:
- Active
- Prop. Type:
- Multi-Family
- MLS® Num:
- A2143418
- Year Built:
- 1950
- Photos (35)
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Attention Builders & Investors - prime, inner city, Mount Pleasant redevelopment Site with MC-2 zoning. Don't miss this RARE OPPORTUNITY to purchase these revenue-generating side-by-side properties, including lots 23, 24, 25 & 26 combined, offering 100' frontage x 180' lot length, approximately 18.000 sqft lot size or 0.41 acres. Fantastic inner city location - close to Downtown Calgary. Properties 531 (Linc# 0019928655/MLS A2143394) along with 535 & 533 (Linc# 0019928655/MLS A2143418) 24th Avenue NW must be purchased together. Huge multi-family residential redevelopment opportunity. South-facing backyards. MC2 is one of the highest medium-density zonings with tremendous flexibility to build commercial, multi-family, 4-6 storey apartment buildings are just some of the options with City of Calgary approval. There is a proposed development plan, land survey, geotechnical report, and ESA report for the proposed development of 49 units and 1 level of underground parking / enough for each unit - available to view in the supplements, along with a recent property appraisal $3.17 million (2023). Potential with City of Calgary approval to rezone and build even more ie. 75+ units with 2 levels of underground parking and potential commercial retail units (CRU's) at grade.
535 & 533 24th (built 1950) Avenue NW is a renovated bungalow with a legalized lower-level suite. Main floor offers 1100 + sqft 2 bedrooms, dining room, living room, kitchen + a 4 piece bathroom. Lower level suite with a separate entrance offers 1000+ sqft of living area, 1 bedroom, dining room, kitchen, living room + a 4 piece bathroom.
531 24th Avenue NW (built 1947) is a renovated 2-storey offering 2565 sqft above grade—3 suites (including 2 illegal suites), all in great condition. The main floor suite is 1470 sqft with hardwood floors, 2 bedrooms, a 5-piece bathroom , and a wood-burning fireplace. The upper level suite is 1100 sq ft with a living, dining room, 2 bedrooms, and a den with a private entrance. The lower level suite is 975 sqft, also with a separate entrance.
Please do not disturb tenants/access property. Showings of properties subject to an accepted offer to purchase.
Prime location within walking distance to Confederation Park, Mount Pleasant community amenities, schools, transit + new green line, shops & restaurants on 4th Street & 16th Ave NW. Quick commute to SAIT + Downtown Calgary. This is an incredible opportunity to develop a multi-family project or hold onto these inner-city Calgary properties with solid revenue generation, buy and hold or redevelop - the possibilities are endless.
- Property Type:
- Multi-Family
- Property Sub Type:
- Full Duplex
- Transaction Type:
- For Sale
- Home Style:
- Bungalow, Up/Down
- Total Living Area:
- 1,100 sq. ft.102.19 m2
- Main Level Finished Area:
- 1,100 sq. ft.102.19 m2
- Below Grade Finished Area:
- 975 sq. ft.90.58 m2
- Lot Area:
- 18,000 sq. ft.1,672.25 m2
- Lot Frontage:
- 100'30.48 m
- Lot Details:
- 100 x 180
- Stories Total:
- 1
- Levels:
- One
- Year built:
- 1950 (Age: 74)
- Bathrooms:
- - (Full:-, Half:-)
- Plan:
- 29340
- Heating:
- Forced Air, Natural Gas
- Basement:
- Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade
- Foundation:
- Poured Concrete
- Construction Material:
- Stucco, Wood Frame, Wood Siding
- Structure Type:
- Duplex
- Roof:
- Asphalt Shingle
- Ensuite:
- No
- Flooring:
- Carpet, Ceramic Tile, Laminate
- Garage:
- 1
- Garage Spaces:
- 2
- Parking:
- Double Garage Detached, Driveway, Garage Faces Rear, Oversized
- Parking Places:
- 8.0
- Parking Total/Covered:
- 8 / -
- Laundry Features:
- Multiple Locations
- Mount Pleasant (Calgary)
- Dishwasher, Refrigerator, Stove(s), Washer/Dryer, Washer/Dryer Stacked, Window Coverings
- 2nd built in dishwasher, 2 hood fans, 2nd refrigerator, 2nd electric stove
- None Known
- Title to Land:
- Fee Simple
- Community Features:
- Golf, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths
- Interior Features:
- See Remarks
- Exterior Features:
- Private Yard
- Lot Features:
- Back Yard, City Lot, Fruit Trees/Shrub(s), Near Shopping Center, Landscaped, Many Trees, Street Lighting, Near Golf Course, Near Public Transit, Rectangular Lot
- Num. of Parcels:
- 0
- Fencing:
- Fenced
- Region:
- Calgary
- Zone:
- CAL Zone CC
- Zoning:
- M-C2
- Listed Date:
- Jun 21, 2024
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Front view of 535 & 533 24th Avenue NW
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Aerial view of front of properties
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Front view of 535 & 533 24th Avenue NW
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Front view of 535 & 533 24th Avenue NW
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of properties - close proximity to Downtown Calgary
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Proposed 49 unit development
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Mount Pleasant Community
-
Mount Pleasant Community
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Aerial view of properties
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of properties
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Photo 21 of 35
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of properties
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Aerial view of properties
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of properties - close proximity to Downtown Calgary
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Aerial view of 531 24th Avenue NW
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View of 531 24th Avenue NW
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Front view of 531 24th Avenue NW
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Front view of 531 24th Avenue NW
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Front view 531 24th Avenue NW
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Front view 531 24th Avenue NW
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Aerial view within close proximity to Downtown Calgary
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Aerial view of properties
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Aerial view within close proximity to Downtown Calgary
Larger map options:
Listed by Century 21 Bravo Realty
Data was last updated June 30, 2024 at 05:30 AM (UTC)
Area Statistics
- Listings on market:
- 23
- Avg list price:
- $1,299,999
- Min list price:
- $265,000
- Max list price:
- $4,199,999
- Avg days on market:
- 28
- Min days on market:
- 2
- Max days on market:
- 157
- Avg price per sq.ft.:
- $601.16
These statistics are generated based on the current listing's property type
and located in
Calgary. Average values are
derived using median calculations.
- DIANE RICHARDSON
- CIR REALTY
- 1 (403) 397 3706
- Contact by Email
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.