1506 36 Street SE, Calgary

About This Property

RC-G ZONED LOT! RARE FIND - no need to apply for rezoning. You can currently build a multi-plex on this. Current zoning typically allows for a 4-plex on this lot (and up to 8 potential total units), this is current lot zoning is expected to stay as RC-G and it is not affected by the City of Calgary’s blanket rezoning repeal. Considering the expansive lot size (over 9350 sq ft), this can accommodate a 6-plex (and up to 12 potential total units) – subject to necessary approvals. Lot dimension: 75 x 125 (much bigger than the "standard" 50 x 120 lot). Buyer must complete their own permitting due diligence as needed. There is currently a freshly renovated, move-in ready home on this lot. The current home comes with a "non-legal” basement suite – all ready for rent and immediate income if needed. This location is only about 10 mins from downtown Calgary. Total living space of over 2400 sq ft. Total of 6 Bedrooms. The upper unit is bright and has total of 3 bedroom; the kitchen is freshly renovated, and the home is freshly painted. The kitchens have quartz countertop and brand-new cabinets as well. The back entrance gives you access to the 3-bedroom basement suite on this walk-out lot. The mechanical room in the basement also has ample space for lots of storage. Total developed space of 1169 sq ft in the basement. The home is very accessible – under 7 mins drive away from: train station (5 mins away), bus stops (one min away), schools (about 7 schools), library, multiple grocery stores, green spaces, parks, clinic and more. The police station and fire station is about 5 mins drive away. This home is being sold “AS IS”. You can buy this as a rental property and rent as is or further develop it to build multi-family units on it – your great choices are endless.

Property Details