5706 2 Street Sw, Calgary, Alberta

$1,249,990

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8

Beds

4

Baths

2,072

Square feet

0.14

Acres

About 5706 2 Street Sw

| DC-1 with Permitted Use of MU-1 (MU-1f8h75) | Upper Units: 3 bedrooms, 1 bathroom each | Each unit has its laundry facilities | Walk-out Basement Suites | Backing onto Park | Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.

Features of 5706 2 Street Sw

MLS® # A2162576
Price $1,249,990
Bedrooms 8
Bathrooms 4.00
Full Baths 4
Square Footage 2,072
Acres 0.14
Year Built 1968
Type Residential
Sub-Type Duplex
Style Bi-Level, Side by Side
Status Active

Community Information

Address 5706 2 Street Sw
Subdivision Manchester
City Calgary
County Calgary
Province Alberta
Postal Code T2H 1Y6

Amenities

Parking Spaces 4
Parking Parking Pad
Is Waterfront No
Has Pool No

Interior

Interior Features See Remarks, Separate Entrance
Appliances Electric Oven, Range Hood, Refrigerator, Washer/Dryer Stacked
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Exterior Entry, Finished, Full, Suite, Walk-Out

Exterior

Exterior Features Balcony
Lot Description Back Lane, Back Yard, Backs on to Park/Green Space, Gentle Sloping, Landscaped, Rectangular Lot
Roof Flat Torch Membrane
Construction Stucco, Vinyl Siding
Foundation Poured Concrete

Additional Information

Date Listed September 3rd, 2024
Days on Market 57
Zoning DC
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCIR Realty

Listing Map