About 328 29 Avenue Ne
Excellent Builder and investment opportunity in the community of Tuxedo Park. This 50x120 property sides onto a lane and is currently zoned R-C2. Owner has approval from CPC to change the land use designation to MC-1, which will allow for a 4 plex development with basement suites plus better height allowance (max 14m high). This house with 1 and half Story above grade provides one 3-bedroom unit and another 2-bedroom unit in the basement, it currently rents out at $2450/month excluding the utilities. The lease agreement terminates March 31, 2024. This is perfect for builder or developer to get their DP/BP for spring construction while collecting rent. Part upgrades and maintenances were done in 2018, newer furnace (not brand new), some windows replaced, new kitchen cabinets with newer appliances (not brand new), new flooring in loft and basement, fresh paints, plumbing/sewage/electrical inspected - any potential issue were taken care of - either repaired or replaced, wired fence around the yard, insulation inspected and repaired. Pictures were taken before tenants moved in. Close to Schools, Community Park, Restaurants, Public Transit, and Future C-Train Station. Easy Access to Downtown, Airport, and Deerfoot Trail.
Features of 328 29 Avenue Ne
| MLS® # | A2088041 |
|---|---|
| Price | $679,000 |
| Sold Price | $665,000 |
| Bedrooms | 4 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,049 |
| Acres | 0.14 |
| Year Built | 1953 |
| Type | Residential |
| Sub-Type | Detached |
| Style | 1 and Half Storey |
| Status | Sold |
Community Information
| Address | 328 29 Avenue Ne |
|---|---|
| Subdivision | Tuxedo Park |
| City | Calgary |
| County | Calgary |
| Province | Alberta |
| Postal Code | T2E 2C3 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Off Street, Parking Pad |
| Is Waterfront | No |
Interior
| Interior Features | See Remarks |
|---|---|
| Appliances | Dishwasher, Dryer, Electric Stove, Microwave Hood Fan, Refrigerator, Washer |
| Heating | Forced Air, Natural Gas |
| Cooling | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Finished, Full |
Exterior
| Exterior Features | None |
|---|---|
| Lot Description | Back Lane, Back Yard, Rectangular Lot |
| Roof | Shingle |
| Construction | Vinyl Siding, Wood Frame |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | October 19th, 2023 |
|---|---|
| Date Sold | November 8th, 2023 |
| Days on Market | 20 |
| Zoning | R-C2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 0.00 |
Listing Details
| Office | HOMECARE REALTY LTD. |
|---|