* Amounts are estimates only. Final payment amounts may vary.
Description
This property, situated on a serene Banff street, is a rare investment opportunity. It has been handed down through generations and comprises two separate homes on the site. There is the original home along with a large newer addition offering a sizable legal suite, an illegal basement suite, attached garage, a large workshop and including a new outdoor covered hot tub. With the current layout, the property generates substantial income, and if the existing construction does not meet your requirements, it presents an excellent opportunity for redevelopment. The location is ideal, just two blocks from Banff Ave., and within walking distance of both the Elementary and High Schools. Additionally, the property is ripe for development, with permitted uses for apartment housing, fourplex, multiplex, and more. Discretionary uses include home occupation types 1 &2, duplex and more, making it a versatile investment.
Property details
Basic Info
MLS® #
A2209880
Property Type:
Residential
Subtype:
Detached
Subdivision:
NONE
Price
$2,300,000
Sale/Lease:
For Sale
Size:
2,032 sq.ft.
Bedrooms:
5
Bathrooms:
4
Year Built:
1917 (108 years old)
Building Info
Structure Type:
House
Building Style:
1 and Half Storey
Garage:
Yes
Parking:
Driveway, Single Garage Attached
Fence:
Partial
Basement:
Partial, Partially Finished
Features:
Kitchen Island, Soaking Tub, Vaulted Ceiling(s)
Fireplaces:
1
Inclusions:
N/A
Appliances:
Dishwasher, Electric Oven, Gas Cooktop, Refrigerator, Washer/Dryer
Laundry:
In Unit
Exterior Features:
Private Yard
Patio/Porch Features:
None
Neighborhood Info
Nearby Amenities:
Park, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths
Lot / Land Info
Lot Size:
0.19 acres
Lot Features:
Front Yard
Zoning:
RCR
Materials & Systems
Roof:
Asphalt Shingle
Exterior:
Mixed
Floors:
Other, Tile, Wood
Foundation:
Poured Concrete
Heating:
Floor Furnace, Natural Gas
Cooling:
None
Amenities:
Park, Schools Nearby, Shopping Nearby, Sidewalks, Walking/Bike Paths