Developer alert! What a location for this 50x180ft MC-2 lot; park facing and only a five minute walk into downtown! Lots of this size are extremely rare in the desirable community of Regal Terrace, and are just waiting for a developer to build a mid-rise apartment building. Zoning allows new developments to have gross floor area of 22,500 sq ft and a maximum height of 52 ft. No unit density limit specified for this zoning, you are limited only by parking and gross floor area. The suited bungalow on this lot is currently rented both up and down for revenue of $2000/mo. Call today for details!
813 5 Street Northeast, Calgary, AB T2E, Canada