1639 11th Ave
Calgary, AB T3C 0N3 North Hill/Downtown/Beltline

Unique opportunity to own a multi-use building for the land cost of the 6500 sf MH-1 ( Multi-Residential - High Density Low Rise District ) corner lot. This investment has the potential for value increase as both a multi-use building and  land use designated for a future 4 to 8 storey apartment building that is permitted to include commercial storefronts. Located 500 meters from the Sunalta LRT Station, this lot has a FAR 4 resulting in the possibility for a future 26 suite 6 storey building. The existing structure is a 3000 sf restored building on a 50 ft corner lot with 7 parking spaces including 4 enclosed and heated. 18 rooms total comprised of 14 window offices, boardroom and 3 washrooms. Previously utilized as owner occupied office space. Located adjacent to 2 city parks and the C Train Station with extensive non-metered street parking. The entire building was rebuilt with new insulation, commercial grade wiring connected to underground commercial trunk line, upgraded plumbing, 2 new high efficiency furnaces, AC, hard wired security system, office sound dampening, vacuflow, roofing and evestrough. Recently painted throughout. The building is easily subdivided into individual floors with separate  entrances and washrooms.