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Hasan Sharif

hasan.sharif@exprealty.com +1(403) 808-9705

$ 1,400,000

Est. payment | -/mo

4 Beds

2 Baths

1,269 SqFt

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$ 1,400,000

Est. payment | -/mo

Save Virtual Tour

4 Beds

2 Baths

1,269 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,269 sqft

Price per Sqft $1,103

Subdivision Parkhill

MLS® Listing ID A2310656

Style Bungalow

Bedrooms 4

Full Baths 2

Year Built 1957

Annual Tax Amount $5,500

Tax Year 2025

Lot Size 7,233 Sqft

Acres 0.17

Property Sub-Type Detached

Source Calgary

Property Description

3604 Parkhill Street SW presents an exceptional inner-city redevelopment opportunity in one of Calgary's most sought-after transit-oriented communities. Currently zoned M-C2, the property has already undergone a highly positive pre-application meeting with senior City planners supporting future M-H1 zoning with an anticipated 3.0–3.5 FAR, allowing for a potential 6-storey development consisting of approximately 20–25 residential units. Adding even greater value, recent changes through the Chinook Communities Local Area Plan have significantly relaxed parking requirements within the transit corridor, creating substantial development efficiencies and maximizing buildable potential. Included with the property are professionally designed plans for an 11-unit condominium building that previously received Development Permit approval from the City of Calgary. Although the DP expired last year, renewal is expected to be straightforward, offering an excellent near-term development path while larger rezoning plans are pursued. The existing residence is well maintained and income generating, featuring a large kitchen, living room, three bedrooms and a 5pc bath upstairs plus a fully separate private walk-out illegal basement suite with a spacious kitchen, living room, one bedroom and a 4pc bath. Both living spaces have been updated with newer appliances in the basement making the property ideal for holding during planning and permitting stages. An additional rare opportunity exists with the neighboring property also potentially available for acquisition, creating the possibility for a significantly larger assembly site with piggyback zoning potential for an estimated 60–100 unit mid-rise development. Rarely do opportunities arise combining immediate rental income, approved development plans, favorable zoning momentum, transit-oriented intensification, and large-scale assembly potential in a premier SW Calgary location.

Location

Province AB

County Calgary

Area Cal Zone Cc

Zoning M-C2

Direction W

Rooms

Basement Full

Interior

Interior Features Built-in Features, Natural Woodwork, Separate Entrance, Storage

Heating High Efficiency, Forced Air, Natural Gas

Cooling None

Flooring Carpet, Ceramic Tile, Hardwood

Fireplaces Number 1

Fireplaces Type Electric

Inclusions Basement Refrigerator

Appliance Built-In Oven, Dishwasher, Dryer, Electric Cooktop, Electric Stove, Garage Control(s), Refrigerator, Washer

Laundry In Basement, Laundry Room

Exterior

Parking Features Driveway, Paved, Single Garage Attached

Garage Spaces 1.0

Fence Partial

Community Features Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Walking/Bike Paths

Roof Type Asphalt

Porch Front Porch, Patio

Lot Frontage 80.98

Total Parking Spaces 3

Garage 1

Building

Lot Description Back Yard, Corner Lot, Few Trees, Landscaped, Private, Street Lighting

Foundation Poured Concrete

Architectural Style Bungalow

Level or Stories One

Structure Type Stucco,Wood Frame,Wood Siding

Others

Restrictions None Known

Tax ID 101799156

Ownership Private

Virtual Tour https://youtu.be/i0bCPzERVbs

Listed by 2% Realty

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3604 Parkhill ST SW Calgary, AB T2S 2Z6