Exploring a Fantastic Investor Opportunity in Bankview!

 
I have listed a new property at 2520/22 17A STREET SW in Calgary.
** Investor Alert**
 

Today we’re checking out our listing for this R2 property and a prime position in Bankview when you purchase this property.

Lots 3 and 4 are for sale. Currently, just one title is available. This duplex, which includes two illegal basement suites, is an excellent investment opportunity for renovation or as an income-producing property.

Bankview is one of Calgary's oldest neighbourhoods, dating back to the 1880s. It is mostly made up of high-density apartments, condominiums, and older houses. Recently constructed luxury infills are popping up at a rapid rate as this area continues to be one of the first choices for investors looking for prime Calgary real estate locations. The proximity to 17th Ave and Downtown is a huge draw for many interested in the convenient inner city lifestyle Calgary has to offer.

The land was bought from Canada's own Hudson's Bay Company. When it was initially created, it was mostly an agricultural and ranching region, but as the twentieth century progressed, it became one of Calgary's newest neighbourhoods.

Inner City Calgary Development

In addition to beautiful parks, trees, and greenspaces for homeowners to enjoy, Bankview is a well-established neighbourhood with many amenities. It is located close by to many of Calgary’s primary business centers and amenities (Downtown, Marda loop, China town, Bow River, Chinook Mall, etc)

It is mostly made up of high-density apartments, condominiums, and older houses, with a few recently constructed luxury infills thrown in for good measure. Condos in Bankview are an excellent alternative for the younger generation because of their convenient location near downtown and fashionable 17th Avenue.

In addition to beautiful parks, trees, and greenspaces for homeowners to enjoy, Bankview is a well-established neighbourhood with many amenities. Homes like this present an excellent option for investors and are becoming increasingly rare!

Calgary Skyline

Units on the second floor offer two bedroom suites with a kitchen, living room, and four-piece bathroom, as well as wide windows.

In addition to huge windows, the illegal suites on both sides include a living space, a kitchen, and a complete four-piece bathroom with a separate entrance on the first floor. The house currently has tenants and is being sold mostly for the value of the land it sits on.

The house will need to be updated and maintained in the future. Please drive by and check out the lot prior to further inquiry.

The property has large completely enclosed yards on all sides, which adds to its overall value. It should be noted that there is no rear alley and that the building is directly behind you.

If you’re interested in learning more about this listing, give us a call!

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