2111 Broadview Road Nw, Calgary

Attention Developers & Investors! A rare opportunity in the heart of West Hillhurst to secure a full sized 50’ x 125’ R-CG lot with a Development Permit in process for a thoughtfully designed 3 story luxury fourplex, each unit featuring a legal basement suite and a total of eight income producing units. Included in the listing photos is a conceptual exterior rendering of the proposed three-storey fourplex, showing a symmetrical, upscale façade with covered entry porches to illustrate the finished design. This is an ideal site for a CMHC MLI Select project, allowing buyers to maximize leverage and long term rental potential. The existing home, updated a few years ago, offers a three bedroom main floor with one full bathroom plus an illegal basement suite with a private entrance, two bedrooms, and a three piece bath. Interior photos show wood-look flooring and neutral paint throughout the main living areas, modern ceiling-mounted light fixtures, and built-in storage/wardrobe cabinetry in bedrooms. The updated kitchen visible in the images includes wood-tone cabinetry and a central island/breakfast bar that opens to the living area, and the finished basement photos show a sizeable recreation/living space with multiple closet/utility doors and shelving, consistent with the described income-producing suite. A double detached garage, fenced yard, and solid rental income make this a great holding property while you advance the development. The photos also illustrate the current turnkey-ready condition of the holding property, reinforcing its value as an income asset during the development process. To streamline the process further, the seller is open to building the project and delivering it turnkey for a resale value of approximately $3.5M; offering a unique, hassle free option for investors looking for immediate entry into Calgary’s booming multi family market. Renderings and interior images are included with the listing to help visualize both the proposed build and the existing updated home condition. Beyond the development potential, the location is exceptional. Set in one of Calgary’s most sought after inner city communities, this property offers unmatched access to parks, schools, shopping, coffee shops, and the Bow River pathway system, all while being just minutes to downtown. For builders, developers, or long term investors, this is a rare chance to secure a future ready multi family site in a prestigious location with strong rental demand. Call you Realtor and get it going ! (id:1945)