INVESTOR ALERT | Building Plans & Development Permits Included | R-C2 ZONING | Across Green Space | 6000+ SQ FT CORNER LOT | So many investment possibilities with this bungalow. Tear it down & build 2 single homes (plans included). Rent it out and hold it (tenants willing to stay). Or buy it and live in it. The possibilities are endless!Located on a quiet, central street in the sought-after community of Rutland Park is this cozy bungalow. 62 ft frontage. RC-2 zoning. Corner lot across green space. 6189 SQ FT lot. There’s an oversized double garage (220V) with a concrete RV pad. Newer high-efficiency furnace & hot water tank. Newer roof. Enmax relocation has already been completed (at a cost of $32K). Located beside the Rutland Park community green space and school field, this property is approximately 15 minute away from Mount Royal University and a 20 minute walk to Marda Loop restaurants and shops. The house is directly across the street from the luxurious development of Currie Barracks. City-wide access is easy via Crowchild & Glenmore Trail, as well as the new ring road extension.The subdivision conditions have been extended until June of 2022 and the permit for the south half of the lot has been extended to April 2023. The permit for the north half of the lot is valid until October of this year but an extension is underway.This corner property is 62' wide by 100' deep, allowing two free-standing homes to be built with a wider footprint than found when splitting a 50' lot. The plans are for a modern design that takes advantage of the slope on the property and the designs provide for large attached double garages at the rear.The existing house is rented out at $1,500 per month. The tenant has been given notice but would be happy to stay if the buyer wants to do the development next year or is simply looking to purchase a revenue propertyThe spacious main floor is full of natural light. It features a kitchen, a breakfast nook, a formal dining room (can be converted back into the 3rd bedroom), 2 generous bedrooms, a full bathroom, and a large living room. The basement features a large family room, a utility room/laundry room, a full ensuite bathroom, and a generous bedroom.Step outside and you’re greeted with an enormous patio in the north-west facing backyard. There’s a huge 27x21 double garage in the backyard and a separate concrete RV pad. The bus stop is only a few minutes walk away.All this under $600K? You’re looking at it! Rutland Park is a well-established community that features many schools & amenities in the district. It will not last. Book a showing with your favorite Realtor today!
Courtesy of CENTURY 21 BAMBER REALTY LTD..
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS® System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license. Data last updated: .