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Data was last updated 2025-07-02 at 12:24:16 PM (MDT)

2412 1 Avenue NW - MLS® # A2235655

Property Details


List Price
$1,050,000
Living Area
1,374 sqft.
Bedrooms
5
Bathrooms
2
Lot Size Area
6490 sq.ft.
Taxes
N/A
Type
Detached
Style
Bungalow
Basement
Separate/Exterior Entry, Finished, Full, Suite
Year Built
1950

Description

Exceptional 50’ x 130’ R-CG lot in West Hillhurst, an ideal inner-city site for a premium 4-unit rowhouse or 4-plex project (subject to City approval). Flat site with mature trees, full back lane access, and a sunny south-facing backyard, offering optimal orientation and design flexibility. This is true land value play surrounded by $1.6M+ new infills and multi-unit redevelopments, perfect for builders seeking strong resale margins. Existing bungalow with registered legal secondary suite is currently leased to stable tenants until July 31, 2025, providing immediate holding income during design and permitting. Oversized single garage on site. Steps to Foothills Medical Centre, U of C, Bow River pathways, and minutes to downtown. Demand for well-located inner-city multi-units remains strong—capitalize on zoning and timing. Reach out for pro forma comps, suite income, and sample massing ideas.

Features

Awning(s)

Listing Provided By

Homecare Realty Ltd.

The data relating to real estate on this web site comes in part from the MLS® Reciprocity program of the Calgary Real Estate Board (CREB®). This information is deemed reliable but is not guaranteed accurate by the CREB®.

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  • Jim Hyslop
  • 403.650.4494
  • 403.259.4141
  • mail@jimhyslop.com
  • RE/MAX REALTY PROFESSIONALS
  • #10, 6020 - 1A STREET SW
  • CALGARY, AB
  • T2H 0G3