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Property Description

Positioned on a prime corner lot with rear alley access in a highly accessible inner-city location near LRT train stations and downtown, this property presents an exceptional high-density redevelopment site and multi-stream investment opportunity. Designated under Calgary’s R-CG (Residential – Grade-Oriented Infill) zoning, the site offers direct potential for higher-density residential projects such as multi-unit rowhouses or townhouses with secondary suites. The corner configuration combined with full lane access streamlines project design by routing parking and vehicular entry to the rear, maximizing street frontage, optimizing lot coverage, and simplifying site planning for future construction.The existing structure provides immediate income generation across multiple hold strategies. The main level is configured with three bedrooms, a four-piece bathroom, a dedicated kitchen, and defined living and dining spaces. The lower level houses a fully legal basement suite featuring a private separate entrance, two bedrooms, a four-piece bathroom, a complete kitchen, and a living area. A shared laundry area is located in a common space for convenance between both units. Exterior features include a detached single-car garage along with substantial additional off-street parking space to accommodate multiple tenants or vehicles.This functional layout accommodates a variety of buyer profiles and investment models. An investor can immediately lease both upper and lower units to maximize rental cash flow, or hold the property while securing municipal permits for future development. An owner-occupant or renovator can choose to update the home, live on the main floor, and utilize the legal suite as a mortgage helper, or renovate both units to optimize rental yields. Proximity to transit corridors, train stations, and core downtown services ensures sustained tenant demand and long-term land value. (id:53430)

Building

Property Type:
House
Building Type:
House
Style:
Bungalow
Year Built:
1956
Stories:
1.0
Bedrooms:
4
Bathrooms (total):
2.0
Basement:
Finished, Full, Separate entrance, Suite

Finished Areas

Interior Size (Total):
1231 square feet
Above Grade:
1231 square feet

Interior

Flooring:
Hardwood, Laminate, Linoleum
Appliances:
Washer, Refrigerator, Range - Electric, Dryer

Parking

Spaces:
3
Features:
Detached Garage, Gravel

Lot / Land

Lot Size:
525.0 square meters
Frontage:
34.82 meters
Lot Features:
Back lane, PVC window

Exterior

Exterior Features:
Wood siding
Construction:
Wood frame
Foundation:
Poured Concrete
Fencing:
Fence

Utilities & Mechanical

Heating:
Forced air, Natural gas
Cooling:
None

Fees & Dates

Property Taxes:
$4,452
Tax Year:
2026
Last Modified:
08/08/2026 07:55:16 PM
Status Change:
08/08/2026 07:47:50 PM

Association / Ownership

Common Interest:
Freehold

Room Dimensions

RoomLevelSize
Kitchen Main level 13.17 Ft x 15.33 Ft
Dining room Main level 10.00 Ft x 10.08 Ft
Living room Main level 13.00 Ft x 17.75 Ft
Foyer Main level 3.92 Ft x 10.67 Ft
Den Basement 8.00 Ft x 11.58 Ft
Other Basement 11.17 Ft x 16.00 Ft
Laundry room Basement 8.08 Ft x 13.67 Ft
Family room Basement 14.00 Ft x 14.83 Ft
Primary Bedroom Main level 12.75 Ft x 12.83 Ft
Bedroom Main level 9.42 Ft x 11.75 Ft
Bedroom Main level 8.17 Ft x 10.17 Ft
Bedroom Basement 8.83 Ft x 13.50 Ft
4pc Bathroom Main level 5.83 Ft x 10.33 Ft
4pc Bathroom Basement 5.00 Ft x 8.42 Ft

Location

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Listing offered by: MaxWell Capital Realty

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