706, 710, 714, 718 Salisbury Ave SE

Land Assembly adjacent to the landmark view of Calgary - "Scotsman's Hill". This unique inner city development opportunity is comprised of 4 individually titled properties with a total square footage of 24,353 sf. Multiple potential configurations could work on this site. The west block of the assembly features southwesterly mountain and city views, is flat, and measures 87 feet x 137 feet. Between 710 and 714 is a public laneway. 714 and 718 measures 90 x 137 feet and includes the northwest corner of Salisbury and Bellevue. This site is currently zoned R-C2, however an HGO re-designation is supported by city. Three of the lots have bungalows and one has a bilevel, all with month-to-month tenants and a potential estimated market rent of $16,950/per month. All homes are well maintained and would easily generate revenue as you work on plans. Neighbour to the north, one of the most premiere lots in Calgary, has indicated their support for tasteful development that exhibits a good sense of scale, form and character. They wish to achieve these same goals both aesthetically and in terms of quality and appeal, and already have plans set in motion. This premier lot is nearby the most well known ridge in the city and is mere minutes away from the Stampede Grounds, brand new Convention Centre, East Village, Inglewood, and the confluence of the Bow and Elbow rivers. Also, walking distance to the projected site of the new arena and under construction LRT green line station.