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Descriptions:
Investor/Developer Alert! A rare opportunity in the highly sought-after community of Banff Trail! This property presents a prime investment for those looking to hold for redevelopment in a rapidly growing area. The 50x120 ft lot, zoned RC-2, offers unmatched potential for multi-family or custom development.
Situated just minutes from downtown Calgary, this location is a developer's dream with easy access to major amenities and key institutions. You’re steps from the University of Calgary, SAIT, North Hill Mall, McMahon Stadium, and renowned medical facilities including Foothills and Children’s Hospitals. The property also offers proximity to parks, the University District, and a range of recreational amenities.
Across from Branton Junior High School, and close to Ecole Banff Trail Elementary & William Aberhart High School, the site offers excellent access to public transportation, with both Banff Trail (9-min walk) and Lion's Park (20-min walk) C-train stations nearby. With access to both U of C and SAIT within minutes, this location is ideal for future tenants or buyers seeking easy transit.
This 1200 sq. ft. character bungalow is consistently rented, making it a solid income-producing property in the meantime, but its true value lies in the unlimited redevelopment potential offered by the lot size and location. The home includes three spacious bedrooms, a full bathroom, and a lower level with separate access, a second kitchen, bedroom, bathroom, and laundry. A single garage and rear laneway add further development possibilities.
With its exceptional location and unmatched redevelopment potential, this is a rare opportunity you don’t want to miss. Schedule your viewing today to explore the future possibilities of this incredible property!
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| Status: |
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Active
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| Includes: |
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Dishwasher, Electric Stove (2), Refrigerator (2), Washer/Dryer (2), Window Coverings ALL |
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| Site Influences: |
| Back Lane, Back Yard, Rectangular Lot |
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| Legal Description: |
| ACCESS Legal Description |
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| Location & Listing Info: |
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| Neighbourhood: |
Banff Trail
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| Lot Size: |
0.14
sq.ft.
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| Lot Shape: |
Back Lane,Back Yard,Rectangular Lot |
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| Property Info: |
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| Property Type: |
Residential Detached Single Family |
| Home Style: |
Bungalow |
| Year Built: |
1953 |
| Total Floor Area: |
1,256 sq. ft. |
| Brokerage: |
RE/MAX First |
| Construction Type: |
Wood Frame
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| Front Exposure: |
S
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| Exterior: |
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| Exterior: |
Wood Frame |
| Construction: |
Wood Frame |
| Frontage: |
15.25M 50`0" |
| Front Exposure: |
S |
| Roof: |
Asphalt Shingle |
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| Rooms: |
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| Total Bedrooms: |
5
(Bedrooms Above: 3)
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| Bathrooms: |
Full: 2
/ Half: 0
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| Rooms Above: |
7 |
| Ensuite: |
No
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| Parking Plan Type: |
Single Garage Detached
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| Garage: |
1
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| Additional Info: |
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| Heating: |
Forced Air |
| Basement: |
Full, Suite |
| Basement Type: |
Full, Suite |
| Floor Finish: |
Hardwood, Laminate |
| Fireplace Details: |
For Sale |
| Parking: |
Single Garage Detached |
| Total Parking: |
1
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| Restrictions: |
Contact for Restrictions |
| Heating Type: |
Forced Air
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| Heating Fuel: |
Forced Air
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| Restrictions: |
None Known
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Contact Aaron Wolfman -
8180 Macleod Trail SE, Calgary, Alberta, T2H 2B8
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The data included in this display is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
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The data included on this website is deemed to be reliable, but is not guaranteed to be accurate by the Calgary Real Estate Board.
MLS®, Multiple Listing Service®, and the associated logos are all registered certification marks owned by CREA and are used to identify real estate services provided by brokers and salespersons who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Used under license.
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