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Real estate on your terms®


Property Description

Click brochure link for more details. ATTENTION BUILDERS, DEVELOPERS & INVESTORS! Rare redevelopment opportunities like this are becoming increasingly difficult to find in the heart of Altadore. Situated on an impressive 44’ x 124.5’ walk-out corner lot, this property is surrounded by luxury custom homes and high-end infill developments in one of Calgary’s most sought-after inner-city communities. R-CG zoned and offering exceptional redevelopment potential, this 5,478 sq. ft. property presents an outstanding opportunity to build a luxury custom home, premium semi-detached infills, or a townhouse development, subject to City of Calgary approval. The desirable walk-out configuration and prominent corner location provide outstanding design flexibility and strong long-term value. The existing raised bungalow offers excellent holding income while redevelopment plans are finalized. The upper level features a bright 3-bedroom layout with hardwood flooring, large windows, a spacious kitchen, and a raised rear deck overlooking the private backyard. The lower level contains a 1-bedroom illegal suite. The property has generated approximately $3,145 per month for the main floor (legal) rental income, providing immediate cash flow for investors and developers. Ideally located just steps from Kiwanis Park and within walking distance to River Park, Marda Loop’s restaurants, cafés, shopping, and everyday amenities, this property also offers quick access to downtown, Crowchild Trail, and major transportation routes. Whether you’re looking to build, hold, or invest, this is a rare opportunity to secure a large walk-out corner redevelopment parcel in one of Calgary’s strongest and most established luxury infill communities. Development concepts are for illustrative purposes only. All redevelopment is subject to City of Calgary approval, applicable zoning regulations, development permits, and building permits. (id:53430)

Building

Property Type:
House
Building Type:
House
Style:
Bungalow
Year Built:
1957
Stories:
1.0
Bedrooms:
4
Bathrooms (total):
2.0
Basement:
Finished, Full, Separate entrance, Suite

Finished Areas

Interior Size (Total):
1413 square feet
Above Grade:
1413 square feet

Interior

Flooring:
Tile, Hardwood, Carpeted
Appliances:
See remarks

Parking

Spaces:
4
Features:
Attached Garage

Lot / Land

Lot Size:
508.0 square meters
Frontage:
13.4 meters
Lot Features:
See remarks, Back lane

Exterior

Exterior Features:
Stucco
Construction:
Wood frame
Foundation:
Poured Concrete
Fencing:
Partially fenced

Utilities & Mechanical

Heating:
Forced air, Natural gas
Cooling:
None

Fees & Dates

Property Taxes:
$6,982
Tax Year:
2026
Last Modified:
07/23/2026 10:25:03 PM
Status Change:
07/23/2026 10:17:03 PM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
Primary Bedroom Main level 13.25 Ft x 13.67 Ft
4pc Bathroom Main level 6.50 Ft x 9.58 Ft
Bedroom Main level 10.08 Ft x 11.50 Ft
Bedroom Main level 13.17 Ft x 10.25 Ft
Other Main level 4.00 Ft x 9.83 Ft
Living room Main level 15.25 Ft x 18.75 Ft
Dining room Main level 11.50 Ft x 10.58 Ft
Kitchen Main level 10.08 Ft x 20.00 Ft
Pantry Main level 3.67 Ft x 3.67 Ft
Laundry room Basement 8.58 Ft x 10.25 Ft
Recreational, Games room Basement 9.67 Ft x 15.67 Ft
Kitchen Basement 11.83 Ft x 14.50 Ft
Other Basement 7.92 Ft x 10.33 Ft
Bedroom Basement 7.83 Ft x 13.92 Ft
3pc Bathroom Basement -

Location

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Listing offered by: Honestdoor Inc.

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