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$1,390,000
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425 Ne 2nd Avenue

  • 2 Bed
  • 1 Bath
  • 700 Sqft
  • House
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$1,390,000
2 bd • 1 ba • 700 sf • House

About this home

***INVESTMENT & DEVELOPMENT OPPORTUNITY*** - Purchase the two side-by-side land parcels (423 - 2 Ave NE & 425 - 2 Ave NE), MC-2 Zoning, as a package for immediate or future development in the inner city community. Almost 9000 sq. ft. of land to utilize, perfect for a low-rise apartment building, up to 5 storey. The parcels are ideally located in Crescent Heights, STEPS from all major amenities including schools, shopping, coffee shops, restaurants, bars, pharmacies, and clinics. MINUTES to downtown, parks, and walking/biking paths of Bow River. EASY ACCESS to Trans-Canada Highway (16 Ave), Memorial Drive, and QE II Highway (Highway#2). The price includes both parcels for $1,390,000.00. Secure this excellent location while continuing to rent the properties as you prepare your development project. This home is a 1&1/2 storey with 2 bedrooms in the loft, a living room, a kitchen, a full bathroom, and a rear parking space for two vehicles. **DO NOT Enter the Property and Approach the Tenants**SERIOUS INQUIRY ONLY**

Home facts and features

Price details
List Price
$1,390,000
Get Pre-Approved
Home facts
Bedrooms
2
Full Bathrooms
1
Property Type
House
Lot Size
6099 ft²
Frontage
49.84 ft
Year Built
Built in 1914 (109 yrs old)
Style
1 and Half Storey
Heating Type
Forced Air
Features
Back Yard, In Unit, Schools Nearby, See Remarks, Sidewalks, Street Lights
Amenities
Shopping Nearby
Appliances
Dryer, Microwave Hood Fan, Refrigerator, Stove, Washer/Dryer
Community
Agent details
Primary Agent
Jack Liu
Primary Broker
WEXCEL
Listing details
Days on REW
78 Days
Property Views
16
MLS® Number
A2031961
Source
Pillar 9

Mortgage Calculator

Estimated Payments
Get Pre-Approved
Purchase Price
Mortgage Total
Down Payment
Percent
%
Mortgage Insurance
Amortization
25Years
Interest Rate
4.89%

Today's rates at a glance

  • 4.89%
  • /mo
  • 5 Year
REW Money
  • 5.04%
  • /mo
  • 3 Year
REW Money
  • 5.64%
  • /mo
  • 2 Year
REW Money
  • 5.89%
  • /mo
  • 10 Year
REW Money
  • 5.99%
  • /mo
  • 1 Year
REW Money
  • 5.80%
  • /mo
  • 5 Year
REW Money

Advertised rates are not guaranteed and the rate provided by any financial institution listed, or any approval or decline you receive, will be based solely on your personal situation. The advertised rates are provided as guidance only and the accuracy of these rates is not guaranteed. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

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Property Insights

Italian School Of Calgary
  • n/a
  • -
  • In Catchment
0.05 km
St. Angela Elementary School
  • n/a
  • -
  • In Catchment
0.29 km
Langevin School
  • n/a
  • K - 9
  • In Catchment
0.39 km
Stanley Jones School
  • n/a
  • -
  • In Catchment
0.74 km
Alberta Chung Wah School
  • n/a
  • -
  • In Catchment
0.8 km
Calgary Chinese Private School
  • n/a
  • -
  • In Catchment
0.84 km
Red Deer Lake School
  • n/a
  • -
  • In Catchment
1.21 km
Crescent Heights High School
  • n/a
  • -
  • In Catchment
1.24 km
Discovering Choices
  • n/a
  • -
  • In Catchment
1.27 km
Delta West Academy
  • n/a
  • -
  • In Catchment
1.27 km
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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ClimateCheck®

ClimateCheck® ratings reflect hazard risk at a property relative to the rest of Canada. Ratings are based on projected 2050 risk and the change from historical risk.

A rating of 1 represents the lowest risk; 100 is the highest.

REW does not endorse nor guarantee this information. REW strongly recommends that consumers independently investigate the property's climate risks to their own personal satisfaction.

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Advertised rates are not guaranteed and the rate provided by any financial institution listed, or any approval or decline you receive, will be based solely on your personal situation. The advertised rates are provided as guidance only and the accuracy of these rates is not guaranteed. You are encouraged to speak with a Mortgage Professional for the most accurate information and to determine your eligibility.

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Call Agent
Jack Liu
Phone:
587-955-9988
Office:
587-955-9988
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