**Rare Investment and Redevelopment Opportunity in Charleswood** Located on a corner lot in the desirable community of Charleswood, this property offers both immediate rental income and future redevelopment potential. A bus stop is conveniently located directly in front of the property. The existing house has been recently renovated with a new roof, flooring, paint, and some new doors. It is currently rented, and the new owner can assume the existing tenants. The approved Development Permit is for a **four-unit row home development with four legal basement suites**, offering excellent rental-income potential and possible eligibility for the **CMHC MLI Select Program**. Buyers may purchase the property with the Development Permit or enter into a contract with the seller to build the fourplex. The approved Development Permit and building plans are included in the listing documents. This is a rare opportunity to acquire a renovated rental property with a Development Permit for a four-unit row home development in Charleswood. **Please note:** The Development Permit is currently under appeal.
For sale
C$899,000
4 Cheyenne Cres NW, Calgary, AB T2L 0Z2
5beds
1,071sqft
Single Family Residence
Built in 1960
6,098 Square Feet Lot
$-- Zestimate®
C$839/sqft
C$-- HOA
What's special
Corner lot
- 11 days
- 26
- 1
Zillow last checked:
Listing updated:
Listed by:
Mohammad Abdur Razzak, Associate,
Skairise Realty
Source: courtesy of Pillar9 System,MLS®#: A2354914
Originating MLS®#: Calgary
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: Main
- Dimensions: 10`2" x 9`8"
Bedroom
- Level: Main
- Dimensions: 10`2" x 11`1"
Bedroom
- Level: Basement
- Dimensions: 9`3" x 10`2"
Other
- Level: Main
- Dimensions: 6`6" x 7`7"
Other
- Level: Basement
- Dimensions: 4`11" x 7`1"
Dining room
- Level: Main
- Dimensions: 6`1" x 8`0"
Other
- Level: Basement
- Dimensions: 6`4" x 9`4"
Game room
- Level: Basement
- Dimensions: 14`10" x 20`11"
Kitchen
- Level: Main
- Dimensions: 10`7" x 10`0"
Kitchen
- Level: Basement
- Dimensions: 13`4" x 3`0"
Living room
- Level: Main
- Dimensions: 17`2" x 12`7"
Office
- Level: Basement
- Dimensions: 9`6" x 10`4"
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Electric Range, Electric Stove, Refrigerator, Washer/Dryer
- Laundry: In Basement
Features
- Granite Counters
- Flooring: Laminate
- Basement: Full
- Has fireplace: No
Interior area
- Total interior livable area: 1,071 sqft
- Finished area above ground: 1,071
- Finished area below ground: 1,004
Property
Parking
- Total spaces: 1
- Parking features: Single Garage Detached
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: Ground
- Patio & porch: None
- Exterior features: Private Yard
- Fencing: Fenced
- Frontage length: 25.98M 85`3"
Lot
- Size: 6,098 Square Feet
- Features: Corner Lot
Details
- Parcel number: 112212259
- Zoning: R-CG
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Asphalt, Concrete, Stucco
- Foundation: Concrete Perimeter
- Roof: Asphalt Shingle
Condition
- New construction: No
- Year built: 1960
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Playground, Sidewalks
- Subdivision: Charleswood
HOA
- Has HOA: No
Location
- Region: Calgary
Financial & listing details
- Price per square foot: C$839/sqft
- Date on market: 10/27/2026
- Inclusions: none
Price history
Price history is unavailable.
Public tax history
Tax history is unavailable.
Climate risks
Neighborhood: Charleswood
Nearby schools
GreatSchools rating
No schools nearby
We couldn't find any schools near this home.







