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1003 Cameron Avenue SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2180824

1003 Cameron Avenue SW Calgary T2T 0K2 : Lower Mount Royal

Main Photo: 1003 Cameron Avenue SW in Calgary: Lower Mount Royal Row/Townhouse for sale : MLS®# A2180824banner
$2,590,000
Prop. Type:
Residential
MLS® Num:
A2180824
Status:
Active
Bedrooms:
12
Bathrooms:
8
Year Built:
1950
Exceptional Investment Opportunity: 6-Plex-Bungalow House with 3 Attached Townhouses in Prime Mount Royal Location! Introducing a unique and remarkable 6-plex at 1003 Cameron Ave SW, perfectly nestled in the sought-after Lower Mount Royal neighbourhood. This prime real estate boasts an unbeatable location, just steps away from the vibrant heart of 17th Ave SW, making it a coveted choice for savvy investors and visionary developers alike. This exceptional property features a spacious bungalow house with three bedrooms alongside three additional attached townhouses, all fully rented, ensuring immediate revenue generation. The main of the bungalow house floor unit showcases a bright living room, a charming dining area, a well-equipped kitchen, a sunroom, and a full bathroom. The fully developed basement further enhances the property's appeal by including two separate, self-contained units: one 2-bedroom and one 1-bedroom, each equipped with its own kitchen and bathroom. Collectively, the property generates an impressive income of $12,000 per month, with abundant potential for even higher returns. The three townhouses, accessible from Royal Ave, are in excellent condition and designed for tenant appeal, featuring configurations that include one townhouse with three bedrooms and 1.5 bathrooms, while the others offer two bedrooms each, with either 1.5 or 1 bathroom. All units come with unobstructed downtown views. Spanning an expansive 6,921.19 sq ft, the lot is zoned M-C2, offering substantial development potential of up to 5 stories. With no maximum density for the site, current zoning allows for a building size of up to 17,230 sq ft and a maximum height of 16.0m (52.5 ft), making this property a haven for ambitious developers eager to innovate. Additional Highlights: Parking On-Site: Convenient on-site parking for tenants and guests, enhancing the property's appeal. Unique Access Points: Access from 9th Street, Royal Ave, and Cameron Ave ensures easy entry for residents. Natural Parkade Opportunities: The lot’s advantageous slope creates a cost-effective opportunity for a natural parkade entrance along Cameron Ave. With a solid monthly rental income and significant potential for appreciation, this investment is truly attractive in a blue-chip location with breathtaking views. Additionally, there is ample room to explore possibilities for condominium conversion or enhanced revenue streams. After years of ownership since the 1950s, this developer-friendly seller is open to creative insights—don’t miss out on this fantastic investment opportunity!
Property Type:
Residential
Property Sub Type:
Row/Townhouse
Condo Type:
Not a Condo
Transaction Type:
For Sale
Possession:
Possession Date:
Suite:
Suite - Illegal
Home Style:
3 Level Split
Total Living Area:
Switch units of measure4,355.6 sq. ft.
Lower Level Finished Area:
Switch units of measure
Above Grade Finished Area:
Switch units of measure
Taxes:
Tax Assessed Value:
HOA Fee Includes:
Lot Area:
Switch units of measure6,921 sq. ft.
Lot Frontage:
Switch units of measure16'
Acres Cleared:
Acres Cultivated:
Acres Irrigated:
Acres Leasehold:
Switch units of measure
Acres Not Cultivated:
Acres Freehold:
Switch units of measure
Acres Seeded:
Acres Tame Hay:
Acres Treed:
Acres Waste:
Acres Water Rights:
Front Exposure:
North
Reg. Size:
Switch units of measure
Reg. Size Includes:
Entry Level:
1
Levels:
One and One Half
End Unit:
2+ Common Walls, End Unit
Total Rooms Above Grade:
13
Year built:
1950 (Age: 74)
Bedrooms:
12 (Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
10
Bathrooms:
8.0 (Full:6, Half:2)
Plan:
179R
Heating:
Fireplace(s), Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, See Remarks, Suite, Walk-Up To Grade
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Brick, Concrete, Vinyl Siding, Wood Frame
Structure Type:
Four Plex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Carpet, Ceramic Tile
Cooling:
None
Fireplaces:
1
Fireplace Details:
Gas
Garage:
1
Garage Spaces:
9
Parking:
Double Garage Attached, Parking Pad
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
In Basement
Lower Mount Royal
Dishwasher, Dryer, Electric Range, Microwave Hood Fan, Refrigerator, Washer, Washer/Dryer Stacked
n/a
None Known
Floor
Type
Dimensions
Other
Main Floor
Bedroom
Switch units of measure14'6" x 13'6"
Main Floor
Bonus Room
Switch units of measure12'2" x 10'9"
Main Floor
Foyer
Switch units of measure9'6" x 8'1"
Main Floor
Kitchen
Switch units of measure14'5" x 10'1"
Main Floor
Living Room
Switch units of measure19'2" x 16'8"
Main Floor
Mud Room
Switch units of measure12'1" x 6'9"
Main Floor
Bedroom - Primary
Switch units of measure15'1" x 12'1"
Main Floor
Kitchen With Eating Area
Switch units of measure17'1" x 12'8"
Main Floor
Living Room
Switch units of measure16'3" x 10'8"
Main Floor
Kitchen With Eating Area
Switch units of measure17'3" x 11'5"
Main Floor
Living Room
Switch units of measure15'8" x 14'11"
Main Floor
Dining Room
Switch units of measure13'4" x 9'1"
Main Floor
Kitchen
Switch units of measure14'2" x 9'11"
Main Floor
Living Room
Switch units of measure20'11" x 15'2"
Lower Level
Bedroom
Switch units of measure10'11" x 9'3"
Lower Level
Bedroom - Primary
Switch units of measure11' x 10'3"
Lower Level
Bedroom
Switch units of measure12'9" x 7'10"
Lower Level
Bedroom - Primary
Switch units of measure15'5" x 14'9"
Lower Level
Bedroom
Switch units of measure11'10" x 9'5"
Lower Level
Bedroom
Switch units of measure13'2" x 11'6"
Lower Level
Bedroom - Primary
Switch units of measure12'8" x 11'6"
Basement
Bedroom
Switch units of measure11'11" x 10'2"
Basement
Bedroom
Switch units of measure13'8" x 13'1"
Basement
Bedroom
Switch units of measure13'1" x 10'10"
Basement
Foyer
Switch units of measure13' x 5'2"
Basement
Kitchen
Switch units of measure11' x 10'
Basement
Kitchen
Switch units of measure13'5" x 12'1"
Basement
Living Room
Switch units of measure14'7" x 12'
Basement
Furnace/Utility Room
Switch units of measure9'9" x 6'2"
Basement
Furnace/Utility Room
Switch units of measure16'11" x 16'4"
Basement
Furnace/Utility Room
Switch units of measure17'2" x 15'
Basement
Game Room
Switch units of measure20'2" x 18'11"
Basement
Furnace/Utility Room
Switch units of measure5'8" x 4'5"
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'2" x 8'9"
Main Floor
No
2
3'10" x 4'4"
Main Floor
No
2
4'1" x 4'3"
Lower Level
No
4
8'7" x 4'11"
Lower Level
No
4
4'11" x 7'11"
Lower Level
No
4
6'11" x 7'4"
Basement
No
3
7'1" x 7'11"
Basement
No
3
4'11" x 7'11"
Title to Land:
Fee Simple
Community Features:
Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Interior Features:
Ceiling Fan(s), Laminate Counters, Separate Entrance
Exterior Features:
Garden, Rain Gutters
Patio And Porch Features:
Balcony(s), Deck
Lot Features:
Corner Lot, Front Yard
Num. of Parcels:
0
Fencing:
None
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Nov 24, 2024
Days on Mkt:
Listed by eXp Realty
Data was last updated November 27, 2024 at 12:05 PM (UTC)
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.