Property Details for MLS® # A2143418
535 & 533 24th Avenue, Calgary
Full Duplex Bungalow for Sale
- MLS®#: A2143418
- Price: $3,200,000
- Parking: 8
- Status: Active
- Year Built: 1950
Attention Builders & Investors this is a prime, inner city, Mount Pleasant redevelopment site with MC-2 zoning. Don't miss this RARE OPPORTUNITY which includes lots 23, 24, 25 & 26 combined, offering 100' frontage x 180' lot length, approximately 18.000 sqft lot size or 0.41 acres. Fantastic inner-city location, close to Downtown Calgary. Properties 531 (Linc# 0019928655) along with 535 & 533 (Linc# 0019928647) 24th Avenue NW must be purchased together. Excellent multi-family residential redevelopment opportunity. There is a proposed development plan for an apartment building comprising of 49 purpose built rental units 43 - 1 bed units + 3 - 2 bed + 3 bachelor units w/1 level of underground parking - 41 stalls. There is a land survey, geotechnical report, and ESA report available to view in the supplements, along with a recent commercial property appraisal $3.17 million (2023) of properties in their current state. Also, potential with the City of Calgary approval for new owner to rezone to build even more i.e. 75+ units with 2 levels of parking and potential commercial retail units (CRU's) at grade. MC2 is one of the highest medium-density zonings with tremendous flexibility to build commercial, multi-family, 4-6 storey apartment buildings are just some of the options with City of Calgary approval. Prime location within walking distance to Confederation Park, Mount Pleasant community amenities, schools, transit, shops & restaurants on 4th Street & 16th Ave NW. Quick commute to SAIT + Downtown Calgary, University of Calgary, Alberta Children’s Hospital & Foothills Hospital. This is an incredible opportunity to either develop a multi-family project or hold onto these inner-city Calgary properties with solid revenue generation for future redevelopment. Existing properties are revenue-generating side-by-side properties with South-facing backyards with garage/alley access. Note: Total SQFT / Building Area is the combined RMS measurements of the existing homes.535 & 533 24th (built 1950) Avenue NW is a renovated bungalow with a legal lower-level suite. Main floor offers 1100 + sqft 2 bedrooms, dining room, living room, kitchen + a 4-piece bathroom. Lower-level legal suite with a separate entrance offers 1000+ sqft of living area, 1 bedroom, dining room, kitchen, living room + a 4-piece bathroom. 531 24th Avenue NW (built 1947) is a renovated 2-storey offering 2565 sqft above grade with 1 legal & 2 illegal suites, all in great condition. The main floor legal suite is 1470 sqft with hardwood floors, 2 bedrooms, a 5-piece bathroom, and a wood-burning fireplace. The upper-level illegal suite is 1100 sq ft with a living, dining room, 2 bedrooms, and a den with a private entrance. The lower-level illegal suite is 975 sqft, also with a separate entrance. Develop the proposed plan, bring your own vision / plans to life or buy and hold - the possibilities are endless. Please do not disturb tenants/access property. Showings of properties subject to an accepted offer to purchase.
Contact Ryan & Dennis Shandruk About MLS® A2143418
![](https://agent-portraits.s3.amazonaws.com/0049/9731/real-estate-agent.png)
Ryan & Dennis Shandruk, 403-830-3690 at RE/MAX REALTY PROFESSIONALS, #10, 6020 - 1A STREET S.W., Calgary, Alberta, T2H 0G3
property information
- Property Type: Full Duplex
- MLS®#: A2143418
- Style: Bungalow,Up/Down
- Year Built: 1950
- Lot Shape: Back Yard,City Lot,Fruit Trees/Shrub(s),Near Shopping Center,Landscaped,Level,Many Trees,Street Lighting,Near Golf Course,Near Public Transit,Rectangular Lot
- Total Floor Area: 1,100 sq.ft
Community Information
- Address: 535 & 533 24th Avenue
- Neighbourhood: Mount Pleasant
- City: Calgary
- Postal Code: T2M 1X4
interior
- Included: 2nd built in dishwasher, 2 hood fans, 2nd refrigerator, 2nd electric stove
- Fireplace Details: For Sale
- Basement: Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade, Separate/Exterior Entry, Finished, Full, Suite, Walk-Up To Grade
- Floor Finish: Carpet, Ceramic Tile, Laminate
exterior
- Exterior Features: Back Yard, City Lot, Fruit Trees/Shrub(s), Near Shopping Center, Landscaped, Level, Many Trees, Street Lighting, Near Golf Course, Near Public Transit, Rectangular Lot
- Exterior Finish: Stucco, Wood Frame, Wood Siding
- Construction: Stucco,Wood Frame,Wood Siding
- Roof: Asphalt Shingle
- Frontage: 30.48M 100`0" metres
services & amenities
- Parking: Double Garage Detached, Driveway, Garage Faces Rear, Oversized (8 Total Parking Spaces)
- Heating: Forced Air,Natural Gas
- Heating: Forced Air, Natural Gas
Registration Benefits
By Creating an Account You'll Access:
- More Calgary Listings Browse through every listing in the MLS® System and do as many different searches as you like!
- Days on Market & Financial Info See protected details including Days on Market, Taxes, Condo Fees, Possession Dates, and more!
- Save Your Favorites Star favorite listings, add personal notes, and save custom searches you use frequently!
- Real Time Email Notifications Opt in to receive emails when new properties are listed that match your saved searches!
Century 21 Bravo Realty