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$635,000

1+1 Beds

2 Baths

910 FEETSQ

QuickQuoteTM: $631K - $754K

Calgary AB, T2E 1A9

MLS® # A2266618

Property Information:

Exceptional opportunity in the heart of Renfrew - one of Calgary’s most desirable inner-city neighbourhoods. Nestled on a tree-lined street, bustling with infills and developments, this property provides an ideal canvas for redevelopment and investment. This extraordinary property is situated on an expansive south backing lot, offering one and a half times the standard lot-size in the neighbourhood. This HGO Zoned property encompasses 37.5’ feet by 120’ feet with flat grading and a back lane too – offering endless potential and versatility. HGO Zoning is the new craze in Calgary, as this zoning is available in only a handful of inner-city neighbourhoods. It allows for multiple dwellings on one property and even two stand-alone buildings (after meeting city requirements and with city approval, of course). The zoning stands for ‘House Grade Oriented’ as all units need a front door that opens on the ground level, allowing heights of up to three stories offering the potential for future townhomes, duplexes with secondary suites, apartments, or a single-family home. Plus, H-GO zoning allows for fewer parking spaces per unit than traditional developments translating to greater investment potential. For those of you with a passion for restoring Heritage Homes – the original residence, dating back to 1923, features striking vaulted ceilings and timeless charm with a fully developed lower level too. The residence hosts two bedrooms, two bathrooms, and a spacious family, dining and kitchen. The backyard is an entertainers dream with an expansive deck, greenhouse, double garage and additional parking pad. The residence is being sold as/is where is– because let’s face it – as much as we love the beauty of the early 1900s – you would have to love it enough to rebuild the foundation as there is some water leaking through the foundation and into the basement, but if you did, you could reside in a piece of Calgary’s Heritage. Renfrew offers unparalleled urban convenience and is undergoing exciting growth and revitalization. This premium neighbourhood offers a vibrant mix of character homes, infills and lavish condos. This walkable community is steps to Bridgeland and has award-winning dining, boutiques, cafes and quick access to transit with an easy commute into downtown. Outdoor enthusiasts will love the proximity to the Bow-river Pathway System. The community offers close proximity to Sait, The Calgary Zoo, The Science Centre and a plethora of Parks and a community Aquatic and Recreational Centre too. With its incredible redevelopment potential and outstanding location, this is a rare opportunity to own a once in a lifetime property and a piece of Calgary’s History.

Inclusions: N/A

Building Features:

  • Total Finished Area: 910.00

Property Features:

  • Bedrooms: 1+1
  • Bathrooms: 2+0
  • Architectural Style: Bungalow
  • Built in: 1923
  • Construction Materials: Vinyl Siding
  • Cooling: None
  • Exterior Features: Private Yard
  • Floor Space (approx): 910.00 Square Feet
  • Flooring: Hardwood, Linoleum, Tile
  • Foundation Details: Combination
  • Heating: Forced Air
  • Interior Features: Vaulted Ceiling(s)
  • Levels: One
  • Lot Size: 4499.00 Square Feet
  • Parking Features: Double Garage Detached
  • Roof: Asphalt
  • Zoning: H-GO
  • No. of Parking Spaces: 2

Courtesy of: Real Estate Professionals Inc.

Data provided by: Calgary Real Estate Board 300 Manning Rd. NE, Calgary, Alberta T2E 8K4
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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Location of 533 12 Avenue NE, Calgary, AB, T2E 1A9

Demographic Information of 533 12 Avenue NE, Calgary, AB, T2E 1A9

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$149,176.36

Average Number of Children

1.52

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.27 %

High school certificate or equivalent

21.02 %

Apprenticeship trade certificate/diploma

4.2 %

College/non-university certificate

15.42 %

University certificate (below bachelor)

0.51 %

University Degree

51.58 %

Commuter

Travel To Work

By Car

71.76 %

By Public Transit

9.25 %

By Walking

11.65 %

By Bicycle

1.61 %

By Other Methods

5.73 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.97 %

Houses

58.03 %

Own Vs. Rent