901 38 Street Se, Calgary, Alberta

$679,900

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3

Beds

1

Bath

1,052

Square feet

0.15

Acres

About 901 38 Street Se

Exceptional opportunity awaits INVESTORS AND BUILDERS within the prestigious CMHC MLI SELECT PROGRAM! Situated on a spacious 51' x 126' CORNER LOT with coveted R-C1 zoning, this property holds promise for lucrative returns and endless potential. With the option to rezone for a 4-plex featuring 4 legal suites in the basement for future development, or to utilize it as a rental property with separate accommodations, the possibilities abound. Nestled in a vibrant community, it offers unrivaled convenience with various amenities nearby, including shops, restaurants, schools, and rapid transit. Step into the inviting bungalow to explore its unique charm, featuring an illegal suite providing dual rental opportunities with private entrances. The main floor offers a cozy retreat for families, boasting spacious living areas, a well-appointed kitchen, and three generous bedrooms. Outside, the fully fenced backyard beckons for relaxation and gatherings, while the basement illegal suite provides additional space for rental income or extended family stays. Enjoy the added convenience of a double detached garage and mature landscaping, creating a tranquil oasis. With easy access to downtown and major routes, along with ongoing city redevelopment plans, this property offers a prime investment opportunity. Don't miss your chance to secure a foothold in one of the city's most desirable neighborhoods. Whether you're an investor, developer, or seeking your forever home, this property offers the ideal foundation for your aspirations.

Features of 901 38 Street Se

MLS® # A2123146
Price $679,900
Bedrooms 3
Bathrooms 1.00
Full Baths 1
Square Footage 1,052
Acres 0.15
Year Built 1959
Type Residential
Sub-Type Detached
Style Bungalow
Status Active

Community Information

Address 901 38 Street Se
Subdivision Forest Lawn
City Calgary
County Calgary
Province Alberta
Postal Code T2A 1G1

Amenities

Parking Spaces 4
Parking Double Garage Detached
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Interior Features No Animal Home, Vinyl Windows, Wood Counters
Appliances Range, Refrigerator, Stove(s), Washer/Dryer, Window Coverings
Heating Standard
Cooling None
Fireplace No
Has Basement Yes
Basement Exterior Entry, Full, Suite

Exterior

Exterior Features None
Lot Description Back Lane, Back Yard, City Lot, Corner Lot, Front Yard, Level, Rectangular Lot
Roof Asphalt Shingle
Construction Concrete, Stucco, Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed April 15th, 2024
Days on Market 36
Zoning R-C1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeURBAN-REALTY.ca

Listing Map

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