5706 2 Street SW

Full Duplex For Sale in Manchester, Calgary CC

$1,249,990
  • 8 Beds
  • 4 Baths
  • 2,072 Sq. Ft.
  • Built 1968
| DC-1 with Permitted Use of MU-1 (MU-1f8h75) | Upper Units: 3 bedrooms, 1 bathroom each | Each unit has its laundry facilities | Walk-out Basement Suites | Backing onto Park | Discover this exceptional duplex nestled in the vibrant community of Manchester. The duplex currently features two upper units, each with 3 bedrooms and 1 bathroom, providing ample living space for tenants. Additionally, there are two illegal basement suites, each with 1 bedroom and 1 bathroom. These suites offer a reliable income stream while providing a foundation for future development. 9-min drive to downtown, 8-min drive to Rockyview General Hospital, Walking distance to Chinook Mall, and Walking distance to Chinook Wholesalers. This property boasts a lucrative zoning change to DC-1, allowing for a wide range of development possibilities. With a Permitted Use of MU-1 (MU-1f8h75), you can achieve a floor area ratio of 5.0, offering significant potential for expansion and increased rental income. This presents a unique opportunity for investors and builders alike. Whether you're seeking to maximize rental income, redevelop the property into a larger multi-family building, or explore other development possibilities, this property offers a solid foundation for success. Neighboring lots can also be for sale.
Address 5706 2 Street SW
List Price $1,249,990
Property Type Residential
Type of Dwelling Full Duplex
Area Calgary CC
Sub-Area Manchester
Bedrooms 8
Bathrooms 4
Floor Area 2,072 Sq. Ft.
Lot Size 6253 Sq M.
Year Built 1968
MLS® Number A2162576
Listing Brokerage CIR Realty
Basement Area Separate/Exterior Entry, Finished, Full, Suite, Walk-Out To Grade
Postal Code T2H 1Y6
Zoning DC
Site Influences Back Lane, Backs on to Park/Green Space, Back Yard, Gentle Sloping, Landscaped, Schools Nearby, Shopping Nearby, Walking/Bike Paths, Playground, Rectangular Lot, Sidewalks, Street Lights

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