Prime development opportunity in the heart of Highland Park! This spacious corner lot, close to 6,000 sq ft, is zoned R-CG and perfectly positioned one block from Centre Street, offering immense potential for builders, investors, and developers.
With land value at its core, this property provides the flexibility to redevelop into multi-unit housing, capitalizing on the growing demand in this central location. The existing bungalow features 2 bedroom main floor Suite up and 2 bedroom illegal suite down for extra income. Basement illegal suite has separate entrance, newly painted and new Vinyl plank flooring. Additionally, a new water tank has been installed!
Commuters will benefit from the property's prime location with quick access to major routes like the Trans-Canada Highway and Deerfoot Trail, making travel throughout Calgary effortless. Public transit is also readily available, with nearby bus stop providing a convenient and efficient transportation option across the city.
Highland Park is evolving, offering urban convenience, green spaces, and a strong community feel—perfect for an active lifestyle. This sought-after location presents an exceptional development opportunity, whether you're a builder, investor, or homeowner looking for future growth.
Listed by Jessica Chan Real Estate & Management Inc.
Data was last updated March 14, 2025 at 10:05 AM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$779,900
Min list price:
$159,900
Max list price:
$1,025,000
Avg days on market:
21
Min days on market:
3
Max days on market:
182
Avg price per sq.ft.:
$508.73
These statistics are generated based on the current listing's property type
and located in
Highland Park. 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.