Property Attributes
- ID#A2342846
- TypeSingle Family
- Listing Status Active
- CityCalgary
- AreaCAL Zone CC
- NeighbourhoodBanff Trail
- Postal CodeT2M 4J9
- StyleBungalow
- Year Built1956
- Price$ 899,000
- Bedrooms7
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1247
- Lot Size0.137626 Acres
Data Source:
Pillar 9 Technologies
Property Description
50’ R-CG LOT | FRONTING GREEN SPACE | POTENTIAL 100’ CORNER ASSEMBLY | PRIME BANFF TRAIL LOCATION A rare opportunity in the heart of Banff Trail, this 50' x 120' property combines established rental income with meaningful long-term redevelopment potential in one of Calgary's most connected inner-city locations. The property retained its R-CG land use following the repeal of Calgary's blanket rezoning and sits in a transit-oriented area where significant higher-density redevelopment is already underway. It currently generates solid income with the three main-floor bedrooms rented individually plus two illegal lower suites, creating immediate holding income while a future plan takes shape. The location is a major part of the story. University LRT Station is nearby, with the University of Calgary campus just west of the property and SAIT/AUArts, downtown and the rest of the Red Line easily accessible. McMahon Stadium, Foothills Athletic Park and Foothills Aquatic Centre are all close by, along with Foothills Medical Centre and Alberta Children’s Hospital. Elementary, junior high and high schools are all located right in the community, while West Confederation/Canmore Park offers pathways, a pump track, splash park and an abundance of green space. The Banff Trail Community Association, local restaurants and coffee shops, North Hill Centre, Brentwood Village and everyday services are also within easy reach. The 1,248 sq ft main level offers a bright, functional layout with hardwood flooring through much of the living space, a large front living room, separate dining area, practical kitchen, three bedrooms and a full bathroom. The lower level adds approximately 1,109 sq ft and includes two illegal suites, each with kitchen and bathroom facilities, plus common laundry. Outside, the mature lot offers a private backyard, detached double garage, small storage shed and additional rear parking. Across the front of the home, a landscaped green space runs along Creston Crescent, adding a more open outlook, while additional street parking provides everyday convenience. From an investment perspective, the land is the long-term differentiator. The R-CG designation, TOD context and nearby higher-density redevelopment create a strong foundation for future consideration. There is also potential to explore an assembly with the neighbouring parcel to the south, which could create approximately 100' of frontage, subject to neighbour availability, terms and independent verification. Buyers can hold the property with income in place today while considering future redevelopment, higher density use or an assembly strategy, all subject to City approvals and due diligence. A compelling Banff Trail opportunity where income, location and future land value come together. Welcome Home…or to your next project!
| Price History | |
|---|---|
| 9/9/2026 | Listed $899,000 |
General Features
| Heating | Forced Air,Natural Gas |
|---|---|
| Cooling | None |
| Roof | Asphalt Shingle |
| Appliances | Dishwasher,Dryer,Gas Stove,Microwave,Washer,Window Coverings |
| Zoning | R-CG |
| Number of Garage Spaces | 2 |
| Restrictions | None Known |
| Year Built | 1956 |
| Architectural Style | Bungalow |
| Community Features | Clubhouse,Golf,Park,Playground,Pool,Schools Nearby,Shopping Nearby,Sidewalks,Street Lights,Tennis Court(s),Walking/Bike Paths |
| Levels | One |
| Property Subtype | Detached |
| Transaction Type | For Sale |
| County | Calgary |
| Property Type | Residential |
| Subdivision Name | Banff Trail |
| Parking Total | 4 |
| Construction Materials | Vinyl Siding,Wood Frame |
| District | CAL Zone CC |
| Full Baths | 3 |
| Status | Active |
| City | Calgary |
| Basement Development | Finished |
| Structure Type | House |
| Standard Status | Active |
| Condo Type | Not a Condo |
| Suite | Yes |
Interior Features
| Interior Features | No Animal Home,No Smoking Home,Separate Entrance,Storage |
|---|---|
| Basement | Full |
| Flooring | Carpet,Hardwood,Tile |
| Basement Features | Separate/Exterior Entry |
| Bedrooms Above Grade | 3 |
| Rooms Above Grade | 6 |
| Total Bedrooms | 7 |
| Below Grade Finished Area | 1108.72 |
| Below Grade Finished Area Unit Type | SquareFeet |
| Total Baths | 3 |
| Laundry Features | In Basement |
| Main Level Finished Area | 1247.88 |
| Main Level Finished Area Metres | 115.93 |
| Main Level Finished Area SF | 1247.88 |
| Main Level Finished Area Srch Sq | 1247.88 |
| Main Level Areas | SquareFeet |
Exterior Features
| Exterior Features | Fire Pit,Private Yard,Storage |
|---|---|
| Lot Features | Back Lane,Back Yard,City Lot,Front Yard,Rectangular Lot |
| Fencing | Fenced |
| Inclusions | Hood Fans (2),Refrigerators (3),Fire Pit in Yard |
| Parking Features | Additional Parking,Alley Access,Double Garage Detached,Garage Faces Rear,Parking Pad |
| Frontage Length | 15.26M 50`1 |
| Foundation | Poured Concrete |
| Lot Size Acres | 0.14 |
| Garage Y/N | Yes |
| Lot Size Square Feet | 5995 |
| Frontage Ft | 50.07 |
| Patio And Porch Features | Front Porch |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No Strata Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in T2M 4J9
In The Neighbourhood
Calgary
$ 929,900
- Type
- Single Family
- Size
- 1,964 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Calgary
$ 969,900
- Type
- Single Family
- Size
- 1,955 SqFt
- Rooms
- 4 Beds + 2 Baths
Calgary
$ 879,000
- Type
- Single Family
- Size
- 1,874 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Calgary
$ 1,599,900
- Type
- Single Family
- Size
- 2,351 SqFt
- Rooms
- 5 Beds + 4.5 Baths
Calgary
$ 959,000
- Type
- Single Family
- Size
- 1,792 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Calgary
$ 835,000
- Type
- Single Family
- Size
- 1,434 SqFt
- Rooms
- 4 Beds + 2.5 Baths
Calgary
$ 1,065,900
- Type
- Single Family
- Size
- 1,300 SqFt
- Rooms
- 5 Beds + 3 Baths
Calgary
$ 945,500
- Type
- Single Family
- Size
- 2,035 SqFt
- Rooms
- 4 Beds + 3.5 Baths
Calgary
$ 1,088,000
- Type
- Single Family
- Size
- 1,946 SqFt
- Rooms
- 5 Beds + 3.5 Baths
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.