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.
- Number of Kitchens
- null
- Number of Kitchens Plus
- null
- Number of Parking Spaces
- 3
- Laundry Level
- null
- Zoning Description
- null
- More Information Link
- null
- Certification Level
- null
- Den
- null
- Year Built
- 1956
- Alternate URL Video Link
- null
- Exterior Construction 1
- Wood Frame,Wood Siding
- Exterior Construction 2
- null
- Elevator
- null
- Roofing Material
- Asphalt Shingle
- Zoning
- R-CG
- Basement 1
- Full,Finished,Separate/Exterior Entry
- Basement 2
- null
- Square Feet
- 1231.00
- Handicapped Equipped
- null
- Heating
- Forced Air,Natural Gas
- Number of Rooms
- null
- Number of Rooms Plus
- null
- Landscape Features
- null
- Virtual Tour URL
- null
- Land Sewer
- null
- Energy Certification
- null
- Number of Bathrooms
- 2
- Number of Bathrooms Plus
- null
- Number of Bathrooms Half
- 0
- Green Property Info Statement
- null
- Live Stream URL
- null
- Zoning Type
- null
- Land Access Type
- null
- Business Type
- null
- Business Sub Type
- null
- Swimming Pool
- null
- Construction Style Split Level
- null
- Lease Terms
- null
- Flooring Type
- Hardwood,Laminate,Linoleum
- Farm Type
- null
- Land Disposition
- null
- View Type
- null
- Style
- Bungalow
- Loading Type
- null
- Number of Garage Spaces
- 1
- Parking Cost Monthly
- null
- Air Conditioning
- None
- Central Air Conditioning
- null
- Family Room
- null
- Construction Status
- null
- Number of Bedrooms
- 3
- Number of Bedrooms Plus
- 1
- Extras
- Dryer,Electric Range,Refrigerator,Washer
- Living Area Measurement
- null
- Patio
- Deck
- Amperage
- null
- Furnished
- null
- Foundation Type
- Poured Concrete
- Sewer
- null
- Property Type
- Detached
- HOA Fee
- null
- Common Elements Included
- null
- Number of Driveway Spaces
- null
- Ceiling Type
- null
- Water Source
- null
- Garage
- null
- Central Vac
- null
- Sqft Range
- null
- Driveway
- null
- Number of Fireplaces
- 0
- Energuide Rating
- null
- Fire Protection
- null
- Storage Type
- null
- Analytics Click
- null