* Amounts are estimates only. Final payment amounts may vary.
Description
CORNER LOT | DP APPROVED FOR 6 UNITS | LOCATED IN THE HEART OF CALGARY | DOUBLE DETACHED GARAGE | ILLEGAL BASEMENT SUITE | 3 BED UP + 2 BED DOWN | WEST BACKYARD |
Situated on a large corner lot, this property offers exceptional redevelopment potential in the highly sought-after community of Capitol Hill—right in the heart of the city. Zoned R-CG and DP-APPROVED, this lot opens the door to a TRIPLEX with 3 LEGAL SUITES (a total of 6 spacious units). The DP is approved for approximately 1400 sf AG units plus legal basement suites. The prominent corner positioning enhances design flexibility, accessibility, and overall project appeal—an ideal setup for builders and developers looking to maximize value. The existing home features an illegal basement suite and is combined with a highly desirable west-facing backyard which makes this property especially attractive. Capitol Hill is known its demand for rental and for its proximity to downtown Calgary, SAIT, the University of Calgary, transit, parks, and major amenities, making it a consistently desirable area for all. Opportunities like this—large corner lot, flexible zoning, and prime inner-city location—are rare. Whether you’re looking to build, hold, or generate income, this property checks all the boxes.
Property details
Basic Info
MLS® #
A2304874
Property Type:
Residential
Subtype:
Detached
Subdivision:
Capitol Hill
Price
$849,900
Sale/Lease:
For Sale
Size:
952 sq.ft.
Bedrooms:
3
Bathrooms:
2
Year Built:
1952 (74 years old)
Building Info
Structure Type:
House
Building Style:
Bungalow
Garage:
Yes
Parking:
Double Garage Detached
Fence:
Fenced
Basement:
Full
Features:
Closet Organizers, Vinyl Windows
Inclusions:
N/A
Appliances:
Dishwasher, Electric Stove, Refrigerator, Washer/Dryer
Laundry:
In Basement, In Unit
Exterior Features:
Private Entrance, Private Yard
Patio/Porch Features:
None
Neighborhood Info
Nearby Amenities:
Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths
Lot / Land Info
Lot Size:
0 acres
Lot Features:
Back Lane, Back Yard, City Lot, Corner Lot, Low Maintenance Landscape, Private, Rectangular Lot, Street Lighting
Zoning:
R-CG
Materials & Systems
Roof:
Asphalt Shingle
Exterior:
Stucco,Wood Frame
Floors:
Carpet, Linoleum
Foundation:
Poured Concrete
Heating:
Forced Air
Cooling:
None
Amenities:
Other, Park, Playground, Schools Nearby, Shopping Nearby, Sidewalks, Street Lights, Tennis Court(s), Walking/Bike Paths