780-832-5880

1125 8 Street SE
Calgary (A2276037)

$750,000
1
1
710 ft²
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Loan Term
Interest Rate
Loan Amount
Annual Tax
Ann. Insurance

* Amounts are estimates only. Final payment amounts may vary.

Description

FANTASTIC opportunity to acquire a well-located development site in Calgary’s evolving inner-city community of Ramsay. Located at 1123/1125 8 Street SE, this 33x148 site(both together - 66x148) features newly approved HGO (Housing – Grade-Oriented) zoning and a preliminary design for a 28-unit multi-family project as supported by the City (no approvals yet) This lot also has the potential for subdivision into 2 - 33x74 lots (east/west) with City approvals. Seller would prefer both sold together or may consider seperate sales. City planning meetings have been completed and are supportive, with development approval drawings able to be prepared quickly for submission. The nearly 10,000 sq. ft. parcel offers dual street access from 8 Street SE and Maggie Street to the west. Our proposed concept respects the neighborhood’s historic character while delivering modern, attainable inner-city housing. Ideally situated steps from Red’s Diner and within walking distance to Stampede Park, the BMO Centre, and the Culture and Entertainment District, including the future SAM Centre and Inglewood’s vibrant retail and nightlife. Ramsay continues to benefit from public and private reinvestment, making this an attractive long-term opportunity. With potential CMHC MLI Select eligibility, this project offers enhanced financing options while contributing to Calgary’s growing rental housing needs. Come have a look today and make us an offer!

Property details

Basic Info

MLS® #
A2276037
Property Type:
Residential
Subtype:
Detached
Subdivision:
Ramsay
Price
$750,000
Sale/Lease:
For Sale
Size:
710 sq.ft.
Bedrooms:
1
Bathrooms:
1
Year Built:
1944 (82 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
No
Parking:
Off Street
Basement:
Partial
Features:
See Remarks
Inclusions:
N/A
Appliances:
None
Laundry:
None
Exterior Features:
None
Patio/Porch Features:
None

Neighborhood Info

Nearby Amenities:
None

Lot / Land Info

Lot Size:
0.11 acres
Lot Features:
City Lot, Sloped Up
Zoning:
R-CG

Materials & Systems

Roof:
Asphalt Shingle
Exterior:
Wood Frame
Floors:
Other, Wood
Foundation:
Block
Heating:
Other
Cooling:
None
Amenities:
None

Listing Info

Possession:
Negotiable
Days on Market:
1
Your Realtor
  • Cord Spero

    RE/MAX Grande Prairie
    780-832-5880

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