for sale - cbre...river and downtown calgary. there are bountiful amounts of walking paths and...
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THE OPPORTUNITY• Best of class multi-residential development location. • Inner city community of desirable Sunnyside with close proximity to
Calgary’s light rail transit, grocery, and all of the shops, restaurants and amenities of popular Kensington.
HARVEY RUSSELL Senior Vice President403.750.0525 [email protected]
SCOTT RUSSELL Sales [email protected]
FOR MORE INFORMATION PLEASE CONTACT:
FOR SALE1017-1025 1 AVENUE NWCALGARY, AB
MULTI-RESIDENTIAL DEVELOPMENT SITE
Sunnyside is one of the most desirable communities for Calgarians to live in due to the proximity of schools, shops, amenities, popular restaurants & nightlife in addition to the Bow river and downtown Calgary. There are bountiful amounts of walking paths and nature surrounding this inner city community.
Sunnyside continues to do well throughout the ebbs and flows of the real estate market. With rents in the area remaining consistent and condo prices/sales keeping a steady pace despite some bleak pockets in the market throughout the rest of the City.
Sunnyside is a thriving and much sought-after community that is located in Calgary’s northwest.
1017-1025 1 AVENUE NWSUNNYSIDE • CALGARY, ALBERTA
PROPERTY INFORMATION
5 SINGLE FAMILY HOMES
PROPERTY & INVESTMENT HIGHLIGHTS
Price
Site Size
Site Zoning
Improvements
Community
TBD
14,970 SF
M-CG d72
5 Single Family Homes
Sunnyside
COMMUNITY HIGHLIGHTS
The current land use is M-CG d72 - The maximum density for parcels designated M-CG District followed by the letter ”d” and a number indicated on the Land Use District Maps: is the number expressed in units per hectare; and the number after the letter ”d”
Due to the site being in the TOD, the Sunnyside Area Redevelopment Plan (ARP) supports an up-zoning in land use of the site to a medium density land use. A medium density land use typically is a 4 storey wood building or an M-C2 zoning with 2.5 FAR.
The site is located 353 meters from the Sunnyside LRT station so the site is considered a Transit Oriented Development site (“TOD”)
The site is located 357 Meters form the Safeway Grocery Store, and is only 325 meters to 10th Street NW.
Transit oriented development (TOD) is a walkable, mixed-use form of area development typically focused within a 600m radius of a primary transit station – a Light Rail Transit (LRT) station or Bus Rapid Transit (BRT) stop. Higher density development is concentrated near the station to make transit convenient for more people and encourage ridership. This form of development uses existing infrastructure, optimizes use of the transit network and creates mobility options for transit riders and the local community. A successful TOD provides a mix of land uses and densities that create a convenient, interesting and vibrant community for local residents and visitors alike. - City of Calgary
Located in the Sunnyside TOD (Transit Oriented Development)
C O N T A C T U S
CBRE LIMITED, BROKERAGE Watermark Tower, Suite 500530 - 8th Avenue SW Calgary, Alberta T2P 3S8
HARVEY RUSSELL Senior Vice President403.750.0525 [email protected]
SCOTT RUSSELL Sales [email protected]
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Sunnyside Station
Sunnyside School
VendomeCafe
Safeway
FOR SALE1017-1025 1 AVENUE NWSUNNYSIDE • CALGARY, ALBERTA