DP APPROVED & Ready to Build: Prime 3-PLEX with Legal Basement Suites! Discover this beautiful CORNER LOT situated on a quiet street in Capitol Hill, perfect for a multi-family development. This property is MLI-SELECT eligible and comes with development permits already APPROVED, saving you both time and money on your project. With plans for 6 LEGAL SUITES, this location is highly desirable and conveniently close to LRT/transit, 16 Ave, SAIT, the University of Calgary, and Foothills Hospital, also making for a quick commute downtown. Plans available upon request! Currently, the property features a 2-bedroom bungalow with a 1-bedroom LEGAL suite. With a little TLC, the main floor, legal suite, and double detached garage can provide good rental income for buyers looking to hold the property long-term. Additionally, this property has potential as a HGO candidate due to its prime location, which would allow for increased density (ie. 4-Plex + Legal Basement Suites). Don’t miss out on this fantastic investment opportunity!
Data was last updated April 21, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
33
Avg list price:
$1,099,000
Min list price:
$265,000
Max list price:
$1,799,900
Avg days on market:
46
Min days on market:
2
Max days on market:
122
Avg price per sq.ft.:
$590.02
These statistics are generated based on the current listing's property type
and located in
Capitol Hill. Average values are
derived using median calculations.