1404 KERWOOD Crescent SW Calgary AB T2V 2N8 MLS #A1053643

Investor and/or savvy Buyer alert! ENORMOUS LOT + plus beautiful home = OPPORTUNITY! Live in this beautiful bi-level home with beautiful upper master bedroom addition AND/OR develop this 12,324.68 sq.ft lot! Potential opportunities: 1) Enjoy this fabulous 4 bdrm. home w. superior custom-built master retreat, dream walk-in closet, intimate balcony overlooking scenic lot & ensuite with over-sized dual-head steam shower. OPEN CONCEPT main floor, xlarge windows, spacious kitchen, stainless steel appliances, spacious dining area w. access to expansive 730 sq.ft. outdoor deck! Main floor office, gas fireplace & surround wiring/cameras. Loads of living space & a grandeur feel! OR 2) Potential development site! This double lot, once successfully sub-divided can potentially accommodate 2 custom built 2-storey +3,500 sq.ft. homes w. attached garage. Possibilities are endless! Comfortably reside here long term, live here while securing plans or rent out to yield income while future plans come to fruition. Site Area: Approx. 1145m2. (12,324.68 sq.ft.). Site Dimension: Approx. 24 m x 47.5 m (78.74 ft x 155.84 ft).Site Description: Located on the NW corner of Kerwood Cres. & Kananaskis Dr. & presents an opportunity to redevelop by creating 2 sites. One parcel to the north fronting Kananaskis Dr. & one south portion of the parcel, which could face either of the streets. Each of the new lots would be approximately 673 m2 (above the minimum size requirement under the existing R-C1 land use designation).Development Permits: DP’s were issued April 17, 2016 for this property that were based on subdivision, the creation of two (2) new lots & removal of existing home. Note: Permits were issued but not released and expired April 2017.Neighborhood: Kelvin Grove is one of SW Calgary’s most desirable communities & best kept secret. Walking distance to excellent schools, Rockyview Hospital, Glenmore Reservoir & paths, Heritage Park.