718 Salisbury Avenue Se, Calgary, Alberta

$949,900

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3

Beds

2

Baths

1,124

Square feet

0.16

Acres

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
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
Subdivision Ramsay
City Calgary
County Calgary
Province Alberta
Postal Code T2G 4J8

Amenities

Parking Off Street
Is Waterfront No

Interior

Interior Features See Remarks
Appliances See Remarks
Heating Hot Water, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Suite, Walk-Out

Exterior

Exterior Features None
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
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

OfficeCIR REALTY

Listing Map

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