3 Gateway Drive Sw, Calgary, Alberta

$1,025,000

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5

Beds

2

Baths

1,087

Square feet

0.17

Acres

About 3 Gateway Drive Sw

PRIME DEVELOPMENT OPPORTUNITY! Attention Builders & Developers! 60x120 CORNER LOT on 17th Avenue SW, in Glendale! This oversized lot with R-CG zoning has incredible build potential. It's located just steps from the 45th Street LRT Station with easy transit access, and is minutes to Downtown, shopping, restaurants, and major routes throughout the city. Surrounded by ongoing and recent multi-family redevelopment, this site is perfectly positioned for a new multi-family project in one of Calgary’s most connected and desirable inner-city communities. The lot has excellent frontage and access, making it ideal for medium-density residential development (subject to city approval). While the value is in the land, the existing home is spacious, well-kept and features a compliant Airbnb unit in the basement, offering strong potential as a holding property with immediate rental income. Don't miss out on this opportunity - this is a strategic location with outstanding potential for long-term growth and return.

Features of 3 Gateway Drive Sw

MLS® # A2207932
Price $1,025,000
Bedrooms 5
Bathrooms 2.00
Full Baths 2
Square Footage 1,087
Acres 0.17
Year Built 1959
Type Residential
Sub-Type Detached
Style 4 Level Split
Status Active

Community Information

Address 3 Gateway Drive Sw
Subdivision Glendale.
City Calgary
County Calgary
Province Alberta
Postal Code T3E 4J8

Amenities

Parking Spaces 5
Parking Alley Access, Double Garage Detached, Garage Faces Front, Multiple Driveways, On Street
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Interior Features Kitchen Island, No Smoking Home, Open Floorplan, Quartz Counters, Separate Entrance, Storage, Vinyl Windows, Wood Windows
Appliances Dishwasher, Dryer, Electric Stove, Garage Control(s), Microwave, Range Hood, Refrigerator, Washer, Window Coverings
Heating Forced Air, Natural Gas
Cooling None
Fireplace No
Has Basement Yes
Basement Finished, Full

Exterior

Exterior Features Private Yard
Lot Description Back Lane, Back Yard, City Lot, Corner Lot, Front Yard, Lawn, Rectangular Lot
Roof Asphalt Shingle
Construction Stucco, Vinyl Siding, Wood Frame
Foundation Poured Concrete

Additional Information

Date Listed April 7th, 2025
Zoning R-CG
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

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Listing Map