718 Salisbury Avenue SE
Ramsay Calgary T2G 4J8

$949,900
Residential beds: 3 baths: 2.0 1,124 sq. ft. built: 1951

Main Photo: 718 Salisbury Avenue SE, Calgary
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Status:
Sold
Prop. Type:
Residential
MLS® Num:
A2080867
Sold Date:
Nov 10, 2023
Bedrooms:
3
Bathrooms:
2
Year Built:
1951
This property is adjacent to the landmark view of Calgary - “Scotsman’s Hill”. This unique inner city 50' x 137' CORNER LOT opportunity has a total square footage of 6,850 sf. A illegally suited 1010.12 sf bungalow with 2 bed 1 bath on the main and a bedroom + den and full bath below. The home is currently rented out to two separate month-to-month tenants, the potential estimated market rent altogether is $3,750/per month. Although zoning is R-C2, the city has indicated support for a HGO redesignation during a pre-application meeting. Home is well maintained and would easily generate revenue as you work on plans. This exceptional lot is nearby the most well known ridge in the city and mere minutes away from the Stampede Grounds, brand new Convention Centre, East Village, Inglewood, and the confluence of the Bow and Elbow rivers. Also, walking distance to the projected site of the new arena and under construction LRT green line station(s). Ideally suited for a rezone and redevelopment but will make for a great holding property until then.
Price:
$949,900
Dwelling Type:
Detached
Property Type:
Residential
Home Style:
Bungalow
Condo Type:
Not a Condo
Bedrooms:
3
Bathrooms:
2.0
Year Built:
1951
Floor Area:
1,123.71 sq. ft.
Lot Size:
6,850 sq. ft.
MLS® Num:
A2080867
Status:
Sold
Floor
Type
Size
Other
Main Floor
Bedroom
10'5" × 10'4"
Main Floor
Living Room
14'3" × 13'
Main Floor
Dining Room
13' × 10'
Main Floor
Foyer
6'6" × 6'6"
Main Floor
Bedroom
20'2" × 10'5"
Main Floor
Kitchen
11'10" × 9'10"
Lower Level
Kitchen
10'1" × 9'6"
Lower Level
Den
12'2" × 10'4"
Lower Level
Dining Room
13' × 9'6"
Lower Level
Living Room
15' × 13'
Lower Level
Bedroom
10'4" × 10'
Lower Level
Foyer
6' × 5'
Floor
Ensuite
Pieces
Other
Main Floor
No
4
Lower Level
No
4
0' x 0'
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Listed by CIR REALTY
Data was last updated May 24, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$966,500
Min list price:
$425,000
Max list price:
$2,875,000
Avg days on market:
8
Min days on market:
2
Max days on market:
44
Avg price per sq.ft.:
$721.79
These statistics are generated based on the current listing's property type and located in Ramsay. Average values are derived using median calculations.
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.