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1125 8 Street Se Calgary, Alberta T2G 2Z6

1 Bedroom 1 Bathroom 710 sqft
Bungalow None Other

$750,000

FANTASTIC opportunity to acquire a well-located development site in Calgary’s evolving inner-city community of Ramsay. Located at 1123/1125 8 Street SE, this 33x148 site(both together - 66x148) features newly approved HGO (Housing – Grade-Oriented) zoning and a preliminary design for a 28-unit multi-family project as supported by the City (no approvals yet) This lot also has the potential for subdivision into 2 - 33x74 lots (east/west) with City approvals. Seller would prefer both sold together or may consider seperate sales. City planning meetings have been completed and are supportive, with development approval drawings able to be prepared quickly for submission. The nearly 10,000 sq. ft. parcel offers dual street access from 8 Street SE and Maggie Street to the west. Our proposed concept respects the neighborhood’s historic character while delivering modern, attainable inner-city housing. Ideally situated steps from Red’s Diner and within walking distance to Stampede Park, the BMO Centre, and the Culture and Entertainment District, including the future SAM Centre and Inglewood’s vibrant retail and nightlife. Ramsay continues to benefit from public and private reinvestment, making this an attractive long-term opportunity. With potential CMHC MLI Select eligibility, this project offers enhanced financing options while contributing to Calgary’s growing rental housing needs. Come have a look today and make us an offer! (id:22455)

Property Details

MLS® Number A2276037
Property Type Single Family
Community Name Ramsay
Features See Remarks
Parking Space Total 3
Plan A2
Structure None

Building

Bathroom Total 1
Bedrooms Above Ground 1
Bedrooms Total 1
Appliances None
Architectural Style Bungalow
Basement Development Unfinished
Basement Type Partial (unfinished)
Constructed Date 1944
Construction Material Wood Frame
Construction Style Attachment Detached
Cooling Type None
Flooring Type Other, Wood
Foundation Type Block
Heating Type Other
Stories Total 1
Size Interior 710 Sqft
Total Finished Area 710 Sqft
Type House

Parking

Other

Land

Acreage No
Fence Type Not Fenced
Size Depth 45.11 M
Size Frontage 10.06 M
Size Irregular 455.00
Size Total 455 M2|4,051 - 7,250 Sqft
Size Total Text 455 M2|4,051 - 7,250 Sqft
Zoning Description R-cg

Rooms

Level Type Dimensions
Main Level 4pc Bathroom 7.00 Ft x 4.00 Ft
Main Level Bedroom 8.00 Ft x 10.00 Ft

https://www.realtor.ca/real-estate/29230846/1125-8-street-se-calgary-ramsay

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