About 718 Salisbury Avenue Se
This property is adjacent to the landmark view of Calgary - “Scotsman’s Hill”. This unique inner city 50' x 137' CORNER LOT opportunity has a total square footage of 6,850 sf. A illegally suited 1010.12 sf bungalow with 2 bed 1 bath on the main and a bedroom + den and full bath below. The home is currently rented out to two separate month-to-month tenants, the potential estimated market rent altogether is $3,750/per month. Although zoning is R-C2, the city has indicated support for a HGO redesignation during a pre-application meeting. Home is well maintained and would easily generate revenue as you work on plans. This exceptional lot is nearby the most well known ridge in the city and mere minutes away from the Stampede Grounds, brand new Convention Centre, East Village, Inglewood, and the confluence of the Bow and Elbow rivers. Also, walking distance to the projected site of the new arena and under construction LRT green line station(s). Ideally suited for a rezone and redevelopment but will make for a great holding property until then.
Features of 718 Salisbury Avenue Se
MLS® # | A2080867 |
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Price | $949,900 |
Sold Price | $900,000 |
Bedrooms | 3 |
Bathrooms | 2.00 |
Full Baths | 2 |
Square Footage | 1,124 |
Acres | 0.16 |
Year Built | 1951 |
Type | Residential |
Sub-Type | Detached |
Style | Bungalow |
Status | Sold |
Community Information
Address | 718 Salisbury Avenue Se |
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Subdivision | Ramsay |
City | Calgary |
County | Calgary |
Province | Alberta |
Postal Code | T2G 4J8 |
Amenities
Parking | Off Street |
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Is Waterfront | No |
Interior
Interior Features | See Remarks |
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Appliances | See Remarks |
Heating | Hot Water, Natural Gas |
Cooling | None |
Fireplace | No |
Has Basement | Yes |
Basement | Suite, Walk-Out |
Exterior
Exterior Features | None |
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Lot Description | City Lot, Corner Lot, Many Trees, Sloped, Views |
Roof | Asphalt Shingle |
Construction | Wood Frame |
Foundation | Poured Concrete |
Additional Information
Date Listed | September 29th, 2023 |
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Date Sold | November 10th, 2023 |
Days on Market | 42 |
Zoning | R-C2 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
HOA Fees | 0.00 |
Listing Details
Office | CIR REALTY |
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