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Land For Sale at 2601 Carleton Street SW in Calgary, Alberta

New
4 Sale ID #229134
Updated 06 May 2024

Asking Price

$925,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

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Lot Size

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Building Size

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Premise Summary

Located in the heart of Old Mount Royal, this is a unique opportunity to develop a new home that would enjoy some very special features. A collection of mature trees creates a park-like and private setting. The alley behind has never been opened so vehicle access is from the front Street. The unopened alley is also heavily treed adding an additional layer of beauty and privacy. The rear yard has west orientation with wonderful sun-dappled light quality. Dimensions are: 60’ across the front, 25’ across the rear, and average side depth of 106’. Perfect for infill/townhome development. The original house has been removed so you will save demolition costs. The garage straddling the property line can be demolished by a buyer after completion of a sale. This is a great location with easy access to endless inner-city amenities, schools, The Glencoe Club and the downtown core. (id:39198)

  • MLS® : #A2124807
  • Date Listed : 22 Apr 2024

Location

Province

Alberta

City

Calgary

Address

2601 Carleton Street Sw

Postal Code

T2T3K8

Location Highlights

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Listed by

Century 21 Bamber Realty LTD. Alberta listing

Category

land

Property Information

Premise Status

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With Accommodation

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Tenancy

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Lot Size

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Available Space

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Building Size

0

Year Built

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Years Remaining in Current Lease Term

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Renewal Options

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Operational Information

Number of Working Owners

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Current Owner - years

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FF & E help Furniture, Fixtures & Equipment that remain with the business.

Not Included

Inventory Value - approximate help Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.

Not Included

Franchise

N/A

Financial Information

Yearly Rate

$925,000

Asking Price

$925,000

Cap Rate help The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.

N/A

NOI help Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.

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Gross Revenue- annual

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Cash Flow - annual help 1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)

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EBITDA help Earnings Before Interest, Taxes, Depreciation, Amortization.

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Premises Size (square feet)

0

Other Information

Owner willing to Finance

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Absentee Owner

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Support and Training

Not Included

Growth and Expansion

N/A

Market Competition

N/A


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