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Outstanding Redevelopment Opportunity – Prime Corner Lot with Approved 4-Plex Plans! This is a rare and exciting investment opportunity on a large 8,320 sq. ft. corner lot, already approved for a 4-unit residential build (BP approved). Zoned M-C1, the property offers endless redevelopment potential in one of Calgary’s most sought-after locations. The existing raised bungalow features two separate units, each with private entrances and oversized windows for an abundance of natural light. Options abound: live in one unit and rent the other, rent both for immediate income, or develop the site into a modern multi-family build. Located just a short walk to Westbrook Mall and the LRT station, this property offers unbeatable convenience with shopping, restaurants, schools, and amenities all nearby. Upper unit includes 2 bedrooms, 1 full bathroom, a spacious living room with original hardwood floors, a kitchen with ample cabinetry, and shared laundry access. The bright, illegal basement suite features large windows, 2 bedrooms, 1 full bath, a generous living area, and a spacious kitchen. Other highlights include a double attached garage and the incredible potential of this expansive corner lot. This is truly a money-making opportunity in a location with limitless future value. Properties like this don’t come along often—book your showing today!
Homecare Realty Ltd. · Listing agent Qing Li
MLS®# A2224122 · Last modified 2026-05-27
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James Hughes, REALTOR® · CIR Realty
| Bedroom | Main | 36'1" x 29'6" |
| Bedroom | Basement | 32'10" x 26'3" |
| Bedroom - Primary | Main | 39'4" x 29'6" |
| Bedroom | Basement | 32'10" x 29'6" |
| 4pc Bathroom | Main | 16'5" x 29'6" |
| 4pc Bathroom | Basement | 16'5" x 26'3" |
Measurements deemed reliable but not guaranteed.
Pin placed at the coordinates supplied by the MLS® System.
Estimated monthly payment
$4,515
Down payment: $183,800 · Loan: $735,200
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.