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$715,000
4 Beds ⋅ 2 Baths ⋅ A2341910 MLS® #
Rare opportunity to own a property with a LEGAL suite in Montgomery, combined with R-CG zoning and exceptional redevelopment potential. This revenue generating property offers a unique opportunity for investors, developers, or homeowners looking to capitalize on both rental income and future development possibilities.This 2+2 bedroom property features a LEGAL basement suite with both levels designed as fully self-contained living spaces. Each level offers 2 bedrooms, a living area, full bathroom, full kitchen with appliances, and separate laundry.The property is currently owner-occupied, but when fully rented, it has the potential to generate over $3,500/month in rental income, making this an excellent option for investors looking for strong holding income while benefiting from the property's future redevelopment potential.The R-CG zoning adds significant flexibility and upside for developers and investors. Depending on plans and approvals, potential redevelopment options may include a 4plex, attached development, or attached homes with legal secondary suites.Situated on a corner lot in an established and desirable location, the property is close to schools, parks, shopping, the Bow River, and major transportation routes.Whether you're looking to live in the property, generate rental income, hold for future redevelopment, or take advantage of the R-CG zoning, this property offers multiple ways to create value.

1804 41 Street Nw, Calgary

Courtesy of KPLI Real Estate Corporation.
$625,000
3 Beds ⋅ 4 Baths ⋅ A2341882 MLS® #
**SELLER FINANCING AVAILABLE** | 3 Beds, 3.5 Baths | Ground-Level Legal Suite | Heated Single-Attached Garage | Welcome to 4907 Bowness Road NW, a brand-new residence offering over 2,000 sq. ft. of above-grade living space designed for modern lifestyles and savvy investors alike. The standout feature of this home is the ground-level LEGAL suite, complete with its own full 3-piece bathroom. Whether you envision a private home office, guest quarters, or a revenue-generating rental, short-term, long-term, or Home-Based Occupation (subject to City of Calgary permitted uses) — this space delivers unmatched flexibility from day one. The main living area impresses with stylish vinyl plank flooring and expansive picture windows that flood the space with natural light. An open-concept layout centers around a chef-inspired kitchen with floor-to-ceiling cabinetry, quartz countertops, premium stainless steel appliances, and a central island with bar seating. A 2-piece powder room and access to the private deck complete this level, ideal for entertaining or enjoying your morning coffee. Upstairs, two generously sized bedrooms each feature their own 4-piece en-suite, offering comfort and privacy for the whole household. The heated single-attached garage adds everyday convenience and year-round practicality — a true Alberta essential. Added peace of mind comes with a comprehensive New Home Warranty: 2 years for labour and materials, 2 years for delivery and distribution systems, 5 years for building envelope protection, and 10 years for major structural components. Perfectly positioned steps from the Bow River, Shouldice Park, and local amenities, with quick access to the Trans-Canada Highway and Stoney Trail — this is modern luxury, lifestyle, and investment potential all in one. Call your realtor to book a private viewing today and ask about the Seller Financing Option.

4907 Bowness Road Nw, Calgary

Courtesy of The Real Estate District.
$489,900
4 Beds ⋅ 2 Baths ⋅ A2342237 MLS® #
ILLEGAL BASEMENT SUITE!! SEPARATE ENTRANCE!! SEPARATE LAUNDRY!! 4 BEDROOMS!! GREAT INVESTMENT OPPORTUNITY!! Welcome to this well-maintained home featuring an ILLEGAL BASEMENT SUITE with its own separate entrance and separate laundry. The main floor offers a bright living area that flows into the dining space and kitchen, creating a functional layout for everyday living. You'll also find main floor laundry, 2 well-sized bedrooms, and a 4-piece bathroom. The lower level is developed as an ILLEGAL BASEMENT SUITE with a private entrance, featuring 2 additional bedrooms, a 4-piece bathroom, kitchen, and a HUGE recreation/living area, providing excellent flexibility for extended family or rental potential. Conveniently located close to schools, parks, shopping, and other amenities. DON'T MISS THIS GREAT OPPORTUNITY!!

4736 17 Avenue Nw, Calgary

Courtesy of Real Broker.
$1,039,900
3 Beds ⋅ 1 Baths ⋅ A2335946 MLS® #
RARE MU-1 CORNER SITE — 50x120 FT ON MONTGOMERY'S RISING MAIN STREET. Shovel-worthy redevelopment opportunity in one of Calgary's most active inner-city growth corridors. This high-exposure corner parcel carries MU-1 f3.0 h16 zoning — 3.0 FAR, 16m height — allowing 18,000+ sq ft of buildable area (subject to design and city approval). With a 176-unit condo development already underway directly across the street, the density, foot traffic, and momentum are arriving now.THE CORNER ADVANTAGE: Dual street frontage unlocks superior architecture — activate both facades with retail bays, a signature multifamily entrance, or street-oriented townhomes. Corner exposure means natural light on two sides, efficient site access, and lasting visual prominence — a combination increasingly rare in inner-city Calgary.FLEXIBLE MU-1 ZONING: Build mid-rise residential (12–18 units), mixed-use with retail at grade, live/work units, or boutique office/medical — a format aligned with Calgary's Municipal Development Plan and adaptable to changing market demand.A NEIGHBOURHOOD MAIN STREET ON THE RISE: Designated in Calgary's MDP for public investment and infrastructure improvement, surrounded by shops, parks, schools, transit, and the Bow River Pathway. Strong absorption in adjacent developments confirms built-in demand from professionals, families, and downsizers seeking urban living outside the core. Location, zoning, exposure, and timing — this corner checks every box for your next infill project.

4503 Bowness Road Nw, Calgary

Courtesy of eXp Realty.

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