ATTENTION BUILDERS, DEVELOPERS, & INVESTORS!
This property is liveable and would make a great buy-and-hold investment. This is a fantastic opportunity for additional rental income while you finalize plans and obtain the permits for development ahead of construction. This home offers incredible versatility, featuring a 2-BED, 1-BATH main floor and a 1-BED, 1-BATH BASEMENT LEGAL SUITE. The main floor has been optimized for COMFORTABLE LIVING or SHORT-TERM RENTALS. A spacious living room with a bay window welcomes natural light. The well-appointed kitchen boasts ample counter space, cabinetry, and newer appliances, flowing into a dedicated dining area that leads to the LARGE DECK and EAST-FACING BACKYARD—perfect for outdoor entertaining. Two WELL-SIZED BEDROOMS provide comfortable retreats, while a 4pc bathroom with tiled flooring and a tub/shower combo completes the main floor. The BASEMENT LEGAL SUITE with a separate entrance is ideal for RENTAL INCOME or MULTI-GENERATIONAL LIVING. It features a spacious living/dining area, a fully equipped kitchen, a comfortable bedroom with a walk-in closet, and a 4pc bathroom with a tub/shower combo. Outside, enjoy the EXPANSIVE DECK, GENEROUS YARD SPACE, and DOUBLE DETACHED GARAGE
Set on a 50' x 120' R-C2 lot in Glenbrook, this raised bungalow presents a rare opportunity for development in one of Calgary’s most desirable communities. Known for its tree-lined streets, sprawling lots, and strong sense of community, the lot offers excellent flexibility for future construction.
Development potential includes a duplex or 2 single-family homes, with the option to add suites (all subject to City approval).
This property is liveable and would make a great buy-and-hold investment. This is a fantastic opportunity for additional rental income while you finalize plans and obtain the permits for development ahead of construction. This home offers incredible versatility, featuring a 2-BED, 1-BATH main floor and a 1-BED, 1-BATH BASEMENT LEGAL SUITE. The main floor has been optimized for COMFORTABLE LIVING or SHORT-TERM RENTALS. A spacious living room with a bay window welcomes natural light. The well-appointed kitchen boasts ample counter space, cabinetry, and newer appliances, flowing into a dedicated dining area that leads to the LARGE DECK and EAST-FACING BACKYARD—perfect for outdoor entertaining. Two WELL-SIZED BEDROOMS provide comfortable retreats, while a 4pc bathroom with tiled flooring and a tub/shower combo completes the main floor. The BASEMENT LEGAL SUITE with a separate entrance is ideal for RENTAL INCOME or MULTI-GENERATIONAL LIVING. It features a spacious living/dining area, a fully equipped kitchen, a comfortable bedroom with a walk-in closet, and a 4pc bathroom with a tub/shower combo. Outside, enjoy the EXPANSIVE DECK, GENEROUS YARD SPACE, and DOUBLE DETACHED GARAGE
Ideally located in Glenbrook, this lot provides unbeatable access to nearby amenities and conveniences. Mount Royal University, Westbrook Mall, Westhills Towne Centre, and the Cineplex Odeon Westhills Cinema are all within easy reach. The lot is within close proximity to parks and playgrounds, including the Glenbrook Community Association and Optimist Athletic Park. Excellent nearby schools include Glenbrook School, A.E. Cross School, and Alpine Montessori, all within a 20-minute walk. Plus, with quick access to Glenmore Trail and the 201 Ring Road, commuting around the city is effortless.
Address
2822 40 Street SW
List Price
$749,900
Type of Dwelling
Residential Land
Transaction Type
Sale
Area
Calgary W
Sub-Area
Glenbrook