Prime Inner-City Opportunity in CRESCENT HEIGHTS | 50’ x 120’ Corner Lot | Exceptional Redevelopment Potential | BASEMENT ILLEGAL SUITE WITH SEPERATE ENTRANCE | SINGLE GARAGE |
Located in the highly sought-after community of Renfrew, this expansive 5,995 sq. ft. corner lot offers an incredible opportunity for investors, builders, or developers. Zoned R-CG and featuring convenient back alley access, the property sits on a quiet, tree-lined residential street—perfectly positioned for future redevelopment.
The existing 4-bedroom bungalow, basement illegal suite with separate entrance, originally built in 1944, has been lovingly maintained by its current owner and still showcases charming character details from its early days. Whether you're planning an immediate build or looking to hold, this property presents multiple possibilities. Rent out the home while you finalize plans and permits, or enjoy the space as-is and watch your investment grow.
With its unbeatable location in one of Calgary’s most desirable inner-city neighbourhoods and its generous lot size, this property is truly a rare find.
Don’t miss this outstanding opportunity to secure a premium corner lot in Crescent Heights—opportunities like this don’t come around often!
Data was last updated April 16, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
39
Avg list price:
$388,888
Min list price:
$229,900
Max list price:
$2,498,000
Avg days on market:
26
Min days on market:
1
Max days on market:
187
Avg price per sq.ft.:
$446.6
These statistics are generated based on the current listing's property type
and located in
Crescent Heights. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.