531 24th Avenue NW
Mount Pleasant Calgary T2M 1X4

$3,200,000
Multi-Family 2,565 sq. ft. built: 1947

Front view 531 24th Avenue NW
Photo 1: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 2: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 3: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 4: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 5: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 6: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 7: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 8: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 9: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 10: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 11: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 12: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 13: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 14: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 15: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 16: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 17: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 18: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 19: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 20: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 21: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 22: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 23: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 24: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 25: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 26: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 27: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 28: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 29: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 30: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 31: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 32: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 33: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 34: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Photo 35: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
Status:
Active
Prop. Type:
Multi-Family
MLS® Num:
A2143394
Year Built:
1947
Attention Builders & Investors - prime, inner city, Mount Pleasant redevelopment Site with MC-2 zoning. Don't miss this RARE OPPORTUNITY to purchase these revenue-generating side-by-side properties, including lots 23, 24, 25 & 26 combined, offering 100' frontage x 180' lot length, approximately 18.000 sqft lot size or 0.41 acres. Fantastic inner city location - close to Downtown Calgary. Properties 531 (Linc# 0019928655/MLS A2143394) along with 535 & 533 (Linc# 0019928647/MLS A2143418) 24th Avenue NW must be purchased together. Huge multi-family residential redevelopment opportunity. South-facing backyards. MC2 is one of the highest medium-density zonings with tremendous flexibility to build commercial, multi-family, 4-6 storey apartment buildings are just some of the options with City of Calgary approval. There is a proposed development plan, land survey, geotechnical report, and ESA report for the proposed development of 49 units and 1 level of underground parking / enough for each unit - available to view in the supplements, along with a recent property appraisal $3.17 million (2023). Potential with City of Calgary approval to rezone to build even more ie. 75+ units with 2 levels of underground parking and potential commercial retail units (CRU's) at grade. 531 24th Avenue NW (built 1947) is a renovated 2-storey offering 2565 sqft above grade including 1 legal & 2 illegal suites, all in great condition. The main floor legal suite is 1470 sqft with hardwood floors, 2 bedrooms, a 5-piece bathroom , and a wood-burning fireplace. The upper level illegal suite is 1100 sq ft with a living, dining room, 2 bedrooms, and a den with a private entrance. The illegal lower level suite is 975 sqft, also with a separate entrance. 535 & 533 24th (built 1950) Avenue NW is a renovated bungalow with a legal lower-level suite. Main floor offers 1100 + sqft 2 bedrooms, dining room, living room, kitchen + a 4 piece bathroom. Lower level legal suite with a separate entrance offers 1000+ sqft of living area, 1 bedroom, dining room, kitchen, living room + a 4 piece bathroom. Please do not disturb tenants/access property. Showings of properties subject to an accepted offer to purchase. Prime location within walking distance to Confederation Park, Mount Pleasant community amenities, schools, transit + new green line, shops & restaurants on 4th Street & 16th Ave NW. Quick commute to SAIT + Downtown Calgary. This is an incredible opportunity to develop a multi-family project or hold onto these inner-city Calgary properties with solid revenue generation, buy and hold or redevelop - the possibilities are endless.
Property Type:
Multi-Family
Property Sub Type:
Triplex
Transaction Type:
For Sale
Home Style:
2 Storey, Up/Down
Total Living Area:
2,565 sq. ft.
Main Level Finished Area:
1,470 sq. ft.
Upper Level Finished Area:
1,100 sq. ft.
Below Grade Finished Area:
975 sq. ft.
Lot Area:
18,000 sq. ft.
Lot Frontage:
100'
Lot Details:
100 X 180
Stories Total:
2
Levels:
Two
Year built:
1947 (Age: 77)
Bathrooms:
- (Full:-, Half:-)
Plan:
29340
Heating:
Forced Air, Natural Gas
Basement:
Separate/Exterior Entry, Finished, Full, Suite
Foundation:
Poured Concrete
Construction Material:
Vinyl Siding, Wood Frame
Structure Type:
Triplex
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Hardwood
Cooling:
Central Air
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
1
Garage Spaces:
2
Parking:
Alley Access, Double Garage Detached, Garage Faces Rear
Parking Places:
2.0
Parking Total/Covered:
2 / -
Laundry Features:
Multiple Locations
Mount Pleasant (Calgary)
Dishwasher, Electric Stove, Gas Stove, Washer/Dryer, Washer/Dryer Stacked, Window Coverings
2nd dishwasher. & 2nd electric stove
None Known
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Pool, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights
Interior Features:
See Remarks
Exterior Features:
Playground, Private Entrance, Private Yard
Lot Features:
Back Yard, City Lot, Near Shopping Center, Landscaped, Level, Street Lighting, Near Public Transit, Rectangular Lot, Treed, Fruit Trees/Shrub(s), Near Golf Course
Num. of Parcels:
0
Fencing:
Fenced
Region:
Calgary
Zone:
CAL Zone CC
Zoning:
M-C2
Listed Date:
Jun 21, 2024
  • Photo 1: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view 531 24th Avenue NW
  • Photo 2: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of front of properties
  • Photo 3: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view 531 24th Avenue NW
  • Photo 4: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view 531 24th Avenue NW
  • Photo 5: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of 531 24th Avenue NW
  • Photo 6: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view 531 24th Avenue NW
  • Photo 7: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Photo 7 of 35
  • Photo 8: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties within close proximity to Downtown Calgary
  • Photo 9: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties within close proximity to Downtown Calgary
  • Photo 10: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 11: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 12: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 13: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 14: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 15: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 16: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 17: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Proposed 49 unit redevelopment
  • Photo 18: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties within close proximity to Downtown Calgary
  • Photo 19: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 20: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties within close proximity to Downtown Calgary
  • Photo 21: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 22: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Mount Pleasant Community
  • Photo 23: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 24: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 25: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 26: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Mount Pleasant Community
  • Photo 27: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Arial view of properties
  • Photo 28: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 29: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 30: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 31: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view of 535 & 533 24th Avenue NW
  • Photo 32: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view of 535 & 533 24th Avenue NW
  • Photo 33: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Front view of 535 & 533 24th Avenue NW
  • Photo 34: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
  • Photo 35: 531 24th Avenue NW in Calgary: Mount Pleasant Triplex for sale : MLS®# A2143394
    Aerial view of properties
Listed by Century 21 Bravo Realty
Data was last updated July 17, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
23
Avg list price:
$1,599,900
Min list price:
$305,000
Max list price:
$4,199,999
Avg days on market:
40
Min days on market:
1
Max days on market:
175
Avg price per sq.ft.:
$576.62
These statistics are generated based on the current listing's property type and located in Calgary. Average values are derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.