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Excellent opportunity to buy now with income to carry & get ready for the next round of redevelopment in a GREAT Community!! Just rezoned to C-COR 1, FAR 4.5, H 29 with a Potential Conceptual Building with 90 +/- Condo Apartments, 6 +/- Live Work Units & 10 +/- Retail Bays directly on Edmonton Trail! This project will be an excellent addition to the fantastic inner city community of Bridgeland/Riverside. Easy walk/bike to Bridgeland Amenities, East Village, Downtown, LRT, the Calgary Zoo & the miles of City pathways. Site currently has a 24 unit apartment building & an old single family home. This provides some revenue while getting organized to build or holding for awhile. Income/expense details available. The Development Permit Survey was completed in 2015. A shadow study also available. Some Seller financing might be considered. The Application for Land Use Re-Designation is available & provides detailed information on Community and Policy Context as well as the Potential Conceptual Building Summary.
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Listing Office: REAL ESTATE PROFESSIONALS INC.
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