Office Listings

1003 Cameron Avenue SW
Lower Mount Royal Calgary T2T 0K2

$1,899,900
Multi-Family baths: 0.0 4,439 sq. ft. built: 1950

Main Photo: 1003 Cameron Avenue SW in Calgary: Lower Mount Royal 4 plex for sale : MLS®# A1088527
Photo 1: 1003 Cameron Avenue SW in Calgary: Lower Mount Royal 4 plex for sale : MLS®# A1088527
Photo 2: 1003 Cameron Avenue SW in Calgary: Lower Mount Royal 4 plex for sale : MLS®# A1088527
Photo 3: 1003 Cameron Avenue SW in Calgary: Lower Mount Royal 4 plex for sale : MLS®# A1088527
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Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A1088527
Year Built:
1950
This incredible 4-plex is located in Lower Mount Royal at 1003 Cameron Ave SW and is comprised of 1 house and 3 townhouses and is fully rented. The house is 1,456 SF above grade and is comprised of 2 bedrooms, a living room, dining room, kitchen, sunroom and a full bathroom. The basement of the house is 1,245 SF and has an additional 2 bedrooms, a bathroom, a kitchen area, a living room and a dining room (easily suitable). All in excellent shape with gleaming hardwood and cared for with a pride of ownership. The townhouses are accessed off of Royal Ave and vary in size and configurations and are all in excellent shape; one with 3 bedrooms / 1.5 bathrooms, one with 2 bedrooms / 1.5 bathrooms, and one with 2 bedrooms / 1 bathroom. The lot is a total of 6921.19 sq ft, it is zoned M-C2 with the building potential for up to 5 stories. Can't beat this location or view as it is literally steps away from the heart of 17th Ave SW. This is an extremely developer friendly Seller and is open to creative ideas. This is a great revenue producing property with the upside of land. The lot features frontage on 9th Street and Royal Ave, as well as Cameron Ave, and it includes elevated parking at rear. The steep slope of the lot will make for a cost effective natural parkade entrance on Cameron Ave. There also isn't any max density for the site. Based on current zoning a building size of 17,230 sq ft is possible. Overall max building height is 16.0m (52.5 ft). But no need to develop now, instead hold a cash flowing asset in a blue chip location with a view like no other. Owners have had the property since the 50's and there's definitely room for revenue optimisation. Check out the unbranded virtual tours using the following links. https://bit.ly/3dPiP50 https://bit.ly/3s6DIgY https://bit.ly/39TZHBJ https://bit.ly/3mxO48y As this property is all on one title measurements are from the exterior of the property.
Property Type:
Multi-Family
Property Sub Type:
4 plex
Transaction Type:
For Sale
Possession:
Negotiable
Home Style:
Bungalow, Townhouse
Total Living Area:
4,439 sq. ft.
Lot Area:
6,921 sq. ft.
Year built:
1950 (Age: 71)
Bedrooms Below Grade:
0
Bathrooms:
0.0 (Full:-, Half:-)
Plan:
179R
Structure Type:
Four Plex
Ensuite:
No
Parking Places:
10.0
Parking Total/Covered:
10 / -
Lower Mount Royal
See Remarks
Title to Land:
Fee Simple
Num. of Parcels:
0
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Apr 05, 2021
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Listed by Kamil Lalji of CIR REALTY
Data was last updated August 4, 2021 at 05:30 AM (UTC)
Area Statistics
Listings on market:
31
Avg list price:
$799,900
Min list price:
$480,000
Max list price:
$2,050,000
Avg days on market:
69
Min days on market:
1
Max days on market:
664
Avg price per sq.ft.:
$386.67
These statistics are generated based on the current listing's property type and located in Calgary. 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.