2515 16 Street SW

Detached For Sale in Bankview, Calgary CC

  • 4 Beds
  • 2 Baths
  • 998 Sq. Ft.
  • Built 1952
Don't miss this incredible opportunity to invest in a prime property located on a coveted street in the vibrant inner-city community of Bankview. Boasting M-CG d72 zoning, this property offers exceptional investment potential with 5328 sq ft of potential redevelopment on a spacious 50 x 107 ft lot. What's more, this property already features a lower (illegal) suite, allowing for immediate rental income while you plan for redevelopment. This beautifully renovated raised bungalow offers a perfect blend of original charm and modern updates, with an abundance of natural light highlighting the stunning original hardwood floors throughout the main living space. The cozy front living room boasts a wood-burning fireplace, while the back kitchen has been expertly designed with a large center island, wall-to-wall modern espresso cabinets, white quartz counters, and undermount lighting. The two bedrooms are generously sized and share a renovated 4-piece bath with spa-like features. The lower level also offers a beautifully renovated living space with vinyl plank flooring, a modern wall-to-wall kitchen, and two spacious bedrooms, along with a renovated 3-piece bath featuring an oversized shower with spa-like jets. The property offers two separate entrances, two furnaces, two hot water tanks, two electrical panels, and two parking spots, making it an ideal investment opportunity for a savvy buyer. And with the today's tight rental market and increased rents, the sky's really the limit! With its proximity to trendy 17th Avenue and downtown, as well as the charming community of Marda Loop, this property is truly a must-see for anyone looking to expand their investment portfolio in a highly sought-after location. Don't miss out on the chance to own a piece of prime real estate in one of Calgary's most desirable neighbourhoods!
Address 2515 16 Street SW
List Price $649,900
Property Type Residential
Type of Dwelling Detached
Style of Home Bungalow
Area Calgary CC
Sub-Area Bankview
Bedrooms 4
Bathrooms 2
Floor Area 998 Sq. Ft.
Lot Size 5328 Sq. Ft.
Year Built 1952
MLS® Number A2048536
Listing Brokerage REAL BROKER
Basement Area Full, Suite
Postal Code T2T 4G1
Zoning M-CG d72
Site Influences Back Yard, Few Trees, Landscaped, Schools Nearby, Shopping Nearby, Park, Playground, Rectangular Lot, Sidewalks, Street Lights, Street Lighting