Existing residenceLegal one-bedroom basement suite
Attention developers, builders and investors - this is a rare opportunity to secure an exceptional redevelopment site in Shaganappi, one of Calgary’s most established and strategically located inner-city communities. Situated on an approximately 47' x 150' M-C2 zoned lot, the property checks the boxes investors look for: scale, zoning, transit, holding income and a head start on redevelopment, with a Development Permit application already submitted for a proposed 10-unit multi-residential project. The existing residence and legal one-bedroom basement suite provide holding income while the redevelopment process moves forward. The location is equally compelling - just one block from the LRT, minutes from downtown, and close to Westbrook Mall, parks, schools, recreation and everyday amenities. With the zoning, income and redevelopment work already in motion, the groundwork has been laid - the next owner gets to capitalize on the opportunity.
1 day
|
4
|
0
|
Zillow last checked:
Listing updated:
Listed by:
Stan Sandhu, Associate,
Royal Lepage Metro
Source: courtesy of Pillar9 System,MLS®#: A2331540Originating MLS®#: Calgary
Features: Back Lane, Back Yard, City Lot, Rectangular Lot
Details
Parcel number: 112196384
Zoning: M-C2
Construction
Type & style
Home type: SingleFamily
Architectural style: Bungalow
Property subtype: Single Family Residence
Materials
Wood Frame
Foundation: Concrete Perimeter
Roof: Asphalt Shingle
Condition
New construction: No
Year built: 1947
Community & HOA
Community
Features: Golf, Park, Playground, Sidewalks, Street Lights, Tennis Court(s)
Subdivision: Shaganappi
HOA
Has HOA: No
Location
Region: Calgary
Financial & listing details
Price per square foot: C$886/sqft
Date on market: 8/8/2026
Inclusions: None
S
Stan Sandhu, Associate
(587) 223-7653
By pressing Contact Agent, you agree that the real estate professional identified above may call/text you about your search, which may involve use of automated means and pre-recorded/artificial voices. You don't need to consent as a condition of buying any property, goods, or services. Message/data rates may apply. You also agree to our Terms of Use. Zillow does not endorse any real estate professionals. We may share information about your recent and future site activity with your agent to help them understand what you're looking for in a home.