INCREDIBLE LAND OPPORTUNITY! This 76.62m x 77.69m parcel in Springbank Hill offers approximately 1.43 acres of land that is perfect for redevelopment into multiple estate sized lots. Well maintained and already being used as an income property, the current home itself could easily be rented out for cash flow until it is time to redevelop.
Located in the upscale community of Springbank Hill, this property offers incredible value and opportunity in a community that is already home to a number of other estate homes. Springbank Hill offers quick access to many desirable amenities including close proximity to some of the top private and public schools in the city, LRT, Westside Recreation Centre and all that Aspen Landing has to offer. Located close to Glenmore Trail and Sarcee Trail, homeowners can enjoy living away from the hustle of the inner city, without sacrificing an easy commute.
For those who are not ready to develop just yet, the existing 1,900 square foot bungalow has a large primary living space, a good-sized living room with built-in media, a formal dining area and a large kitchen that overlooks the expansive backyard. The main floor hosts three bedrooms, including the master retreat with a 5-piece ensuite that opens onto a generous sized upper deck. The basement provides additional entertainment space along with a fourth bedroom. This home has been well maintained through the years and is in great condition to rent out or live in while plans are being drafted.
Existing subdivisions in the area have already been approved and there are currently two pending subdivisions on the same street, making this the perfect time to invest in the area.
Opportunities like this are rare, especially in coveted communities! Don’t delay!