Prime redevelopment opportunity in sought-after Winston Heights/Mountview. Currently improved with a bungalow featuring an illegal basement suite, fully tenant occupied, this property offers holding income while you prepare for construction. Rare opportunity to acquire a fully approved development permit for a 3-unit rowhouse project with legal secondary suites on a prime corner lot. Approved plans feature 3 contemporary 4-storey residences, each offering approximately 2,536-2,540 sq ft, 4 bedrooms, 3.5 bathrooms, and a legal 1-bedroom secondary suite in the lower level. Thoughtfully designed with open-concept main floors, upper-level bedrooms with private terraces, and penthouse-level primary retreats with walk-in closets and ensuites. Project highlights include a 4-car heated garage with individual overhead doors, solar-ready conduit infrastructure, EV charging capability, spray foam insulation, 2-hour firewall separation, and modern exterior finishes. Zoned R-CG with dual frontage on 6 Street NE and 18 Avenue NE, just minutes to downtown, transit, parks, schools, and amenities. Total approved building area is 7,614 sq ft with 6 total units and 4 parking stalls. Full development permit package, architectural drawings, engineering reports, and city approvals included. Existing structures to be removed in accordance with approved plans. Exceptional opportunity for builders, developers, and investors looking for a turnkey inner-city project with income in place.
Address
639 18 Avenue NE
List Price
$749,900
Property Type
Residential
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Calgary CC
Sub-Area
Winston Heights/Mountview
Bedrooms
2
Bathrooms
2
Floor Area
834 Sq. Ft.
Lot Size
5435 Sq. Ft.
Year Built
1948
MLS® Number
A2302038
Listing Brokerage
RE/MAX Complete Realty
Basement Area
Full
Postal Code
T2E 1N7
Zoning
R-CG
Site Influences
Back Lane, Back Yard, Corner Lot, Golf, Level, Schools Nearby, Shopping Nearby, Park, Walking/Bike Paths, Playground, Pool, See Remarks, Sidewalks, Street Lights, Tennis Court(s)