October 6, 2022
Sotheby’s Worldwide Realty Canada 3926 1A St. SW., Calgary Asking value: $925,000 (December, 2021) Promoting

Sotheby’s Worldwide Realty Canada

3926 1A St. SW., Calgary

Asking value: $925,000 (December, 2021)

Promoting value: $909,125 (January, 2022)

Taxes: $5,414 (2021)

Days in the marketplace: 39

Itemizing agent: Heather Waddell, Sotheby’s Worldwide Realty Canada; Patrons’ agent: Kamil Lalji, CIR Realty

The motion

Two Calgarians working in Toronto decided to return to their dwelling city final fall and started a seek for a spot to construct a brand new dwelling that supplied a singular location. Their quest led them to this empty 38-foot-by-167-foot lot throughout from parkland hugging the Elbow River, about 4 kilometres south of the downtown core.

“This one caught out as a result of it has a mountain view and it wasn’t in a floodplain,” mentioned the patrons’ agent, Kamil Lalji.

“[The seller] verbally mentioned to us they have been going to just accept our provide, however … they ended up getting a greater provide.”

Nonetheless, Mr. Lalji was knowledgeable when that deal collapsed, and his purchasers renegotiated a deal for $909,125.

“We have been tremendous fortunate,” Mr. Lalji mentioned. “My purchaser ended up selecting it up for lower than $925,000, which is an exceptional deal for what it’s.”

What they bought

The positioning is inside a block of parks and trails, and some streets away from outlets and eating places alongside a serious arterial highway.Sotheby’s Worldwide Realty Canada

About 10 years in the past, the vendor – who owns the fashionable home subsequent door – moved an present a single-family dwelling on this 0.14-acre lot to broaden their out of doors house. All that continues to be of that construction is a storage within the laneway.

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The positioning is inside a block of parks and trails, and some streets away from outlets and eating places alongside a serious arterial highway.

The agent’s take

“My shopper is an inside designer, so she needs the house to show her work,” Mr. Lalji mentioned.

“You’ll be able to actually stroll out the [future] home to a path down the hill to Stanley Park, which is an excellent fascinating park as a result of it has a seaside space the place the Elbow River runs by way of and turns into tremendous shallow. Children play there all summer season.”

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