For sale

Description

A unique and promising real estate opportunity has emerged in the inner city neighborhood of Westgate with the consolidation of three adjacent lots (sold separately) located at 1627, 1631, and 1635 47 St SW. This strategic land assembly totaling 180 feet by 100 feet, presents an exciting prospect for developers, investors, and stakeholders looking to capitalize on the growth and potential of this prime location. The residence has undergone renovation and is readily available for renting. Boasting a central position within easy walking distance to the Westgate LRT station, the amalgamation of these lots holds significant promise for future development, subject to city approval. This parcel is situated just north of MU-1 land use, permitting a floor area ratio (FAR) of 3.5 and a maximum height of 17 meters. To the east, the current land use is RC-2, approved for up to 4 storeys according to the recently approved Westbrook LAP. While it falls outside the proposed additional density, this site holds potential for a shift in land use and increased density due to its proximity to transportation and adjacent sites that have already received approval for heightened density. With its strategic positioning, proximity to key amenities, and pending development potential, this assembly is poised to become a landmark project that enhances the vibrancy and livability of the surrounding community. As the city reviews and approves proposals, the stage is set for an innovative and impactful development that aligns with the evolving needs of the city and its residents. (id:51913)

Key Details

  House
 3
 2
 1105 sqft

Price

$898,000

Property Features

  • MLS® Number A2099598
  • Price $898,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 1105 sqft
  • Property Type: House
  • Community Name: Westgate
  • Amenities Near By Park, Playground
  • Features Back Lane, Gas Bbq Hookup
  • Parking Space Total 2
  • Plan 4994hn
  • Structure None

Buildings

Bathroom Total 2 Bedrooms Above Ground 3
Bedrooms Total 3 Appliances Washer, Refrigerator, Oven - Electric, Dishwasher, Dryer, Hood Fan, Window Coverings, Garage Door Opener
Architectural Style Bungalow Basement Development Finished
Basement Type Full (finished) Constructed Date 1959
Construction Material Wood Frame Construction Style Attachment Detached
Cooling Type None Fireplace Present Yes
Fireplace Total 1 Flooring Type Carpeted, Tile
Foundation Type Poured Concrete Heating Fuel Natural Gas
Heating Type Forced Air Stories Total 1
Size Interior 1105 Sqft Total Finished Area 1105 Sqft
Type House

Parking

Detached Garage 2

Land

Acreage No Fence Type Fence
Land Amenities Park, Playground Size Depth 30.48 M
Size Frontage 18.29 M Size Irregular 557.00
Size Total 557 M2|4,051 - 7,250 Sqft Size Total Text 557 M2|4,051 - 7,250 Sqft
Zoning Description Rc-1

Rooms

Level Type Dimensions
Basement 3pc Bathroom 4.58 Ft x 6.92 Ft
Basement Other 12.67 Ft x 6.58 Ft
Basement Den 12.50 Ft x 9.92 Ft
Basement Office 11.00 Ft x 10.75 Ft
Basement Recreational, Games Room 12.50 Ft x 23.00 Ft
Basement Furnace 11.17 Ft x 22.00 Ft
Main Level 4pc Bathroom 11.33 Ft x 4.92 Ft
Main Level Bedroom 9.92 Ft x 8.92 Ft
Main Level Bedroom 13.42 Ft x 8.92 Ft
Main Level Dining Room 7.67 Ft x 8.83 Ft
Main Level Kitchen 11.33 Ft x 13.08 Ft
Main Level Living Room 13.50 Ft x 16.75 Ft
Main Level Primary Bedroom 11.33 Ft x 13.17 Ft

Agents and Offices

  • Elizabeth Graham
  • Bryan Herman
  • Office: Greater Property Group
Address

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