Robert Hinsperger & Associates

Call Direct: 403.860.2107 |

531, 535 & 533 24 Avenue NW
Mount Pleasant Calgary T2M 1X4

$3,200,000
Commercial

Aerial view of properties - proximity to Downtown Calgary  - 100' frontage by 180' deep approx. 18000 sqft
Photo 1: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 2: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 3: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 4: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 5: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 6: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 7: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 8: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 9: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 10: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 11: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 12: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 13: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 14: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 15: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 16: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 17: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 18: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 19: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 20: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 21: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 22: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 23: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 24: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 25: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 26: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 27: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 28: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 29: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 30: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 31: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 32: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 33: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 34: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Photo 35: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
Status:
Active
Prop. Type:
Commercial
MLS® Num:
A2142851
Build. Type:
See Remarks
Attention Builders & Investors - prime, inner city, Mount Pleasant redevelopment Site with MC-2 zoning. Don't miss this RARE OPPORTUNITY to purchase these revenue-generating side-by-side properties, including 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# 0019928655) 24th Avenue NW must be purchased together. Huge multi-family residential redevelopment opportunity. South-facing backyards. 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. There is a proposed development plan, land survey, geotechnical report, and ESA report for the proposed development of 49 units and 1 level of parking available to view in the supplements, along with a recent property appraisal $3.17 million (2023). Potential with City of Calgary approval for new owner to rezone to build even more ie. 75+ units with 2 levels of parking and potential commercial retail units (CRU's) at grade. 531 24th Avenue NW (built 1947) is a renovated 2-storey offering 2565 sqft above grade—3 suites (including 2 illegal suites), all in great condition. The main floor suite is 1470 sqft with hardwood floors, 2 bedrooms, a 5-piece bathroom , and a wood-burning fireplace. The upper level suite is 1100 sq ft with a living, dining room, 2 bedrooms, and a den with a private entrance. The lower level suite is 975 sqft, also with a separate entrance. 535 & 533 24th (built 1950) Avenue NW is a renovated bungalow with a legalized lower-level suite. Main floor offers 1100 + sqft 2 bedrooms, dining room, living room, kitchen + a 4 piece bathroom. Lower level suite with a separate entrance offers 1000+ sqft of living area, 1 bedroom, dining room, kitchen, living room + a 4 piece bathroom. Please note that the building area total is the combined RMS measurements for the existing properties. Please do not disturb tenants/access property. Showings of properties subject to an accepted offer to purchase. Prime location within walking distance to Confederation Park, Mount Pleasant community amenities, schools, transit + new green line, shops & restaurants on 4th Street & 16th Ave NW. Quick commute to SAIT + Downtown Calgary. This is an incredible opportunity to develop a multi-family project or hold onto these inner-city Calgary properties with solid revenue generation, buy and hold or redevelop - the possibilities are endless.
Property Type:
Commercial
Property Sub Type:
Multi Family
Transaction Type:
For Sale
Building Type:
See Remarks
Total Building Area:
3,673 sq. ft.
Lot Area:
18,000 sq. ft.
Lot Frontage:
100'
Lot Details:
100 X 180 SQFT
Year built:
1947 (Age: 77)
Bathrooms:
- (Full:-, Half:-)
Plan:
29340
Structure Type:
Other
Ensuite:
No
Garage:
0
Mount Pleasant (Calgary)
535 / 533 - 24th Avenue NW - Dishwasher Built-In (2x),Washer & Dryer (1x), Washer/Dryer Stacked (1x), Hood Fan (2x),Refrigerator (2x),Stove-Electric (2x) Storage Shed, Window Coverings 531 24th Avenue NW - Dishwasher Built-In(2x), Washer & Dryer (1x), Electric Stove (2x), Gas Stove (1x), Washer/Dryer Stacked (1x), Window Coverings
None Known
Title to Land:
Fee Simple
Lot Features:
City Lot
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Jun 19, 2024
  • Photo 1: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties - proximity to Downtown Calgary - 100' frontage by 180' deep approx. 18000 sqft
  • Photo 2: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties - 100' frontage by 180' deep approx. 18000 sqft
  • Photo 3: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Proposed 49 unit deveopment with Downtown Calgary views from upper floors
  • Photo 4: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Proposed 49 unit deveopment with Downtown Calgary views from upper floors
  • Photo 5: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Proposed 49 unit deveopment with Downtown Calgary views from upper floors
  • Photo 6: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Proposed 49 unit deveopment with Downtown Calgary views from upper floors
  • Photo 7: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Proposed 49 unit deveopment with Downtown Calgary views from upper floors
  • Photo 8: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Proposed 49 unit deveopment with Downtown Calgary views from upper floors
  • Photo 9: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Proposed 49 unit deveopment with Downtown Calgary views from upper floors
  • Photo 10: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Proposed 49 unit deveopment with Downtown Calgary views from upper floors
  • Photo 11: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties + proximity to Downtown Calgary
  • Photo 12: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties + proximity to Downtown Calgary
  • Photo 13: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    531 Exterior frontview
  • Photo 14: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    531, 533 & 535 exterior front view
  • Photo 15: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Mount Pleasant Community View
  • Photo 16: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties
  • Photo 17: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Mount Pleasant Community View
  • Photo 18: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    531 front view
  • Photo 19: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    531 exterior front view
  • Photo 20: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    531 exterior front view
  • Photo 21: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    531 exterior front view
  • Photo 22: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    535 & 533 exterior front view
  • Photo 23: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    535 & 533 exterior front view
  • Photo 24: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    535 & 533 exterior front view
  • Photo 25: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties & proximity to Downtown Calgary
  • Photo 26: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties
  • Photo 27: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties
  • Photo 28: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties
  • Photo 29: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties
  • Photo 30: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties
  • Photo 31: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial views of properties
  • Photo 32: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties - proximity to Downtown Calgary
  • Photo 33: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view + proximity to Downtown Calgary
  • Photo 34: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties + proximity to Downtown Calgary
  • Photo 35: 531, 535 & 533 24 Avenue NW in Calgary: Mount Pleasant Multi Family for sale : MLS®# A2142851
    Aerial view of properties + proximity to Downtown Calgary
Listed by Century 21 Bravo Realty
Data was last updated June 29, 2024 at 06:05 AM (UTC)
Robert Hinsperger
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