An exceptional opportunity to acquire a well-located development property in the highly desirable community of Capitol Hill. This 50’ x 120’ lot is zoned H-GO and comes with an approved City of Calgary development permit for 10 units, significantly reducing entitlement risk and accelerating your project timeline. The site currently has a bungalow and detached garage, offering holding income or immediate redevelopment potential. Full renderings, development drawings, and building plans are available, allowing a buyer to step directly into the execution phase. Opportunities like this are increasingly rare in Calgary’s inner city. Whether you’re a seasoned developer or expanding your multi-family portfolio, this property offers scale, certainty, and upside in one of the city’s most consistent infill corridors. Property is sold "as is, where is".
Property Type:
Residential
Property Sub Type:
Detached
Condo Type:
Not a Condo
Transaction Type:
For Sale
Suite:
Yes
Num Legal Suites:
0
Num Illegal Suites:
1
Home Style:
Bungalow
Total Living Area:
661.4 sq. ft.61.4 m2
Below Grade Finished Area:
580.03 sq. ft.53.9 m2
Acreage:
No
Lot Area:
5,995 sq. ft.557 m2
Lot Frontage:
50'15.2 m
Front Exposure:
South
Floor Location:
Ground
Levels:
One
Total Rooms Above Grade:
4
Year built:
1948
(Age: 78)
Bedrooms:
4
(Above Grd: 2)
Bedrooms Above Grade:
2
Bedrooms Below Grade:
2
Bathrooms:
2.0
(Full:2, Half:0)
Plan:
3150P
Heating:
Forced Air, Natural Gas
Basement:
Full, Finished, Separate/Exterior Entry
Foundation:
Poured Concrete
New Constr.:
No
Construction Material:
Stucco, Wood Frame
Structure Type:
House
Roof:
Asphalt Shingle
Ensuite:
No
Flooring:
Ceramic Tile, Hardwood
Cooling:
None
Fireplaces:
1
Fireplace Details:
Wood Burning
Garage:
Yes
Garage Spaces:
2
Parking:
Double Garage Detached
Parking Places:
2
Parking Total/Covered:
2 /
-
Laundry Features:
In Basement
Capitol Hill
Dryer, Electric Stove, Refrigerator, Washer
n/a
None Known
Floor
Type
Size
Other
Main Floor
Bedroom
11'5"3.48 m × 9'11"3.02 m
Main Floor
Bedroom
11'5"3.48 m × 10'3.05 m
Main Floor
Kitchen
11'5"3.48 m × 9'6"2.90 m
Main Floor
Living Room
17'2"5.23 m × 11'7"3.53 m
Basement
Bedroom
10'11"3.33 m × 8'4"2.54 m
Basement
Bedroom
9'1"2.77 m × 8'8"2.64 m
Basement
Game Room
17'6"5.33 m × 10'11"3.33 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
5'1" x 7'9"
Basement
No
4
5' x 7'5"
Title to Land:
Fee Simple
Community Features:
Golf, Park, Playground, Pool, Schools Nearby, Shopping Nearby
Data was last updated February 3, 2026 at 02:05 PM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$849,700
Min list price:
$249,900
Max list price:
$1,199,000
Avg days on market:
39
Min days on market:
1
Max days on market:
133
Avg price per sq.ft.:
$528.57
These statistics are generated based on the current listing's property type
and located in
Capitol Hill. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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.