832 McPherson Road Northeast: Prime Lot with Amazing Potential! NE Calgary Redevelopment Opportunity?

832 McPherson Road Northeast: Prime Lot with Amazing Potential! NE Calgary Redevelopment Opportunity?

This Bridgeland lot truely stands out among many houses for sale in calgary. Canada's market is still hot, check out what all the buzz is about!

This week in Calgary as the smoke cleared and we finally got some nice clear skies, we were very lucky to check out a unique and special lot in Bridgeland-Riverside that presents a variety of possible opportunities – Holding, rental or redevelopment; many different types of clients would be interested in such a unique location in a vibrant area. The existing home on this lot has 3 beds, two 3-piece baths and a lot of character unique to the original 1912 build. Canada has changed a lot, and so has it's real estate market, since this original home was built, the contrast truely reveals the big changes that are happening in some of these amazing inner city neighborhoods!

This neighborhood has all the makings of one of the most walkable, livable neighborhoods in all of Calgary, and investors are truely beginning to notice!

Bridgeland-Riverside is known for its walkability, convenient neighbourhood amenities, and accessibility to downtown. What we found when we came to check out this location was that the neighborhood has a growing community character: fun, welcoming, historical, community-minded, eclectic, and eccentric are just a few of the adjectives that come to mind when describing this place.

With new developments, parks and infills forming what appears to be the beginning of a nice high street area both along 4th street, Edmonton Trail and in the surrounding area by Murdoch Park, it’s only a matter of time until Bridgeland becomes it’s fully realized inner city community. Bridgeland is gradually becoming one of the coolest areas in town, with award-winning restaurants such as Diner Deluxe.

New developments will offer further choices for shopping and dining, there’s already lots to chose from just a few blocks to the northwest along Edmonton Trail.

After taking a quick browse through inner city Calgary MLS listings, our Realtor friends agree that action is picking up in this area. An opportunity to develop in such a prime inner city lot is rare!

Close enough to the urban core, but far enough out to provide some privacy. Not everyone wants to live in the busiest part of the Core, but many do want to be close to work. Bridgeland has the best of both worlds: it's close enough to be convenient, but far enough away to have its own identity.

The location is close to Princess Island, Rotary Park, and Centenary Park, and is only minutes away from the Bow River's trails. Excellent spots for an evening run or an afternoon picnic; the option is yours.

Thinking of selling soon? Check out my good friend and colleauge Patrick Hospes' recent blog post on how to spruce up your property prior to selling!

Since 2002, Ron Garneau has had the pleasure of helping countless clients in the Calgary area. Contact Ron today for a free home evaluation or with any questions about your next move!

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