1438 38 Street SW
Calgary, Alberta T3C1T5

This excellent half duplex works great as a long term rental, AirBNB, or would make a great home for some lucky future owners. The main floor features 3 bedrooms with several upgrades throughout the years. Open floor plan with hardwood floors throughout most of the main floor, a large kitchen with ample cabinets. A large dining room and a living room with patio doors to a spacious west facing deck. 3 bedrooms on the main floor. There was a separate door to an "illegal" lower suite that was closed off years ago. The stairs down lead to the fully finished basement, with another family room, 2 more bedrooms, another full bath, plus an old kitchen in the basement (illegal, as no secondary suite permits were applied for). The other side of the duplex applied for and now have an approved legal basement suite. The same thing could be applied for here, but would be subject to all approvals from the city of Calgary. A newer high efficiency furnace was recently installed.Located close to several high frequency bus routes, Westbrook Mall and the Westbrook C-Train station. Located in close proximity to 17th Ave and Bow Trail, these properties have quick access to all major shopping, restaurants, coffee shops and all of the great future development that has begun along 37th street as a part of Calgary's main street initiatives. Rosscarrock is transitioning into an excellent inner city community with many newer buildings being developed in the area.There was an incredible opportunity for redevelopment for up to 200 ft. of frontage and over 24000 sq. ft. of land with M-C2 zoning. The current M-C2 zoning allows for a future building of up to 16 meters or up to 5 stories with a future property with an approved Development Permit. Each of the properties of 1444, 1440, 1438, 1436 and 1434 were being sold separately as an assembly for future redevelopment, but are now being sold individually. This is a great holding property, with excellent income potential as well. (5553573)