2828 25A Street SW
Calgary (A2296829)

$989,000
2
1+1
884 ft²
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Interest Rate
Loan Amount
Annual Tax
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* Amounts are estimates only. Final payment amounts may vary.

Description

PRIME RICHMOND REDEVELOPMENT OPPORTUNITY on a 50’ x 125’ Lot. Exceptional opportunity for builders, investors, or those looking to create a dream home. This large 50’ x 125’ lot offers outstanding redevelopment potential, suitable for one or two large single-family homes, in an area already SURROUNDED BY HIGH-END, MILLION-DOLLAR PROPERTIES. Ideally located close to shopping, amenities, and schools, this property combines convenience with strong future upside. The rear alley access and no homes directly behind provide added flexibility for design, garages, and privacy. The existing home is well maintained and currently rented to an AMAZING TENANT, offering immediate holding income. The seller is flexible on possession date and is willing to allow buyers to apply for permitting prior to possession. The property is under a fixed-term lease until July 31, 2026, making it a solid interim investment while you plan your project. There could be a possibility for a forced WALK OUT on this lot. Additional features include a single detached garage and a layout that supports future redevelopment options. DRIVE BY and explore the potential. This is an excellent opportunity to secure a PREMIUM LOT lot for your next build or long-term investment. No sign on the property. Do not disturb the current tenant.

Property details

Basic Info

MLS® #
A2296829
Property Type:
Residential
Subtype:
Detached
Subdivision:
Richmond
Price
$989,000
Sale/Lease:
For Sale
Size:
884 sq.ft.
Bedrooms:
2
Bathrooms:
1 full / 1 half
Year Built:
1950 (76 years old)

Building Info

Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Additional Parking, Alley Access, Garage Faces Rear, Gated, Off Street, RV Access/Parking, RV Gated, Single Garage Detached
Fence:
Fenced
Basement:
Full
Features:
Ceiling Fan(s), Laminate Counters, No Smoking Home, Sump Pump(s)
Inclusions:
None
Appliances:
Dishwasher, Electric Stove, Microwave Hood Fan, Refrigerator, Washer/Dryer
Laundry:
Electric Dryer Hookup, In Basement, Washer Hookup
Exterior Features:
Balcony, Private Yard, Rain Gutters
Patio/Porch Features:
Balcony(s), Deck

Neighborhood Info

Nearby Amenities:
Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Lot / Land Info

Lot Size:
0.14 acres
Lot Dimensions:
50' X 125
Lot Features:
Back Lane, Back Yard, City Lot, Lawn, No Neighbours Behind, Rectangular Lot, Street Lighting
Zoning:
DC (pre 1P2007)

Materials & Systems

Roof:
Asphalt
Exterior:
Wood Frame
Floors:
Carpet, Hardwood, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air, Natural Gas
Cooling:
None
Amenities:
Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths

Listing Info

Possession:
60 Days / Neg
Days on Market:
5
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Your Agent
  • Robert Hart-Moore

    Grassroots Realty Group Grande Prairie, AB
    780-897-4170

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