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$899,000
7 Beds ⋅ 3 Baths ⋅ A2342846 MLS® #
50’ R-CG LOT | FRONTING GREEN SPACE | POTENTIAL 100’ CORNER ASSEMBLY | PRIME BANFF TRAIL LOCATION A rare opportunity in the heart of Banff Trail, this 50' x 120' property combines established rental income with meaningful long-term redevelopment potential in one of Calgary's most connected inner-city locations. The property retained its R-CG land use following the repeal of Calgary's blanket rezoning and sits in a transit-oriented area where significant higher-density redevelopment is already underway. It currently generates solid income with the three main-floor bedrooms rented individually plus two illegal lower suites, creating immediate holding income while a future plan takes shape.The location is a major part of the story. University LRT Station is nearby, with the University of Calgary campus just west of the property and SAIT/AUArts, downtown and the rest of the Red Line easily accessible. McMahon Stadium, Foothills Athletic Park and Foothills Aquatic Centre are all close by, along with Foothills Medical Centre and Alberta Children’s Hospital. Elementary, junior high and high schools are all located right in the community, while West Confederation/Canmore Park offers pathways, a pump track, splash park and an abundance of green space. The Banff Trail Community Association, local restaurants and coffee shops, North Hill Centre, Brentwood Village and everyday services are also within easy reach.The 1,248 sq ft main level offers a bright, functional layout with hardwood flooring through much of the living space, a large front living room, separate dining area, practical kitchen, three bedrooms and a full bathroom. The lower level adds approximately 1,109 sq ft and includes two illegal suites, each with kitchen and bathroom facilities, plus common laundry. Outside, the mature lot offers a private backyard, detached double garage, small storage shed and additional rear parking. Across the front of the home, a landscaped green space runs along Creston Crescent, adding a more open outlook, while additional street parking provides everyday convenience.From an investment perspective, the land is the long-term differentiator. The R-CG designation, TOD context and nearby higher-density redevelopment create a strong foundation for future consideration. There is also potential to explore an assembly with the neighbouring parcel to the south, which could create approximately 100' of frontage, subject to neighbour availability, terms and independent verification. Buyers can hold the property with income in place today while considering future redevelopment, higher density use or an assembly strategy, all subject to City approvals and due diligence. A compelling Banff Trail opportunity where income, location and future land value come together. Welcome Home…or to your next project!

3 Creston Crescent Nw, Calgary

Courtesy of CIR Realty.

$860,000
8 Beds ⋅ 2 Baths ⋅ A2338214 MLS® #
Welcome to this versatile property in the highly sought-after community of Banff Trail, offering an excellent opportunity for investors, owner-occupiers, and developers. Situated on a generous 59' x 120' lot with R-C2 zoning, this property offers rental potential together with future redevelopment opportunities, subject to City approvals. This unique four-level split home offers 8 bedrooms, 6 parking spaces, and approximately 2,476 sq. ft. of total living space, including approximately 1,899 sq. ft. of above-grade living space. The property features durable metal siding, offering a low-maintenance exterior with a clean, practical appearance. The main level features a bright and spacious living room, one bedroom, and an eat-in kitchen with plenty of cupboard space. The upper level offers a primary bedroom, two additional bedrooms, and a 4-piece full bathroom. Through a separation door off the main-level kitchen, the third level features a 3-piece bathroom with laundry, two additional bedrooms, and a second full-size kitchen (illegal). This above-grade level is included in the reported saleable/RMS area. The basement provides two additional bedrooms and a furnace room. The property is not currently fully rented. When fully rented, the house has the potential to generate approximately $5,200 per month in rental income, while the 24' x 22' double detached garage is rented for $300 per month, offering an attractive income-producing opportunity. The large backyard also includes a concrete trailer pad, while an additional concrete parking pad in the front yard provides excellent parking capacity. The location is exceptional, with walking distance to the University of Calgary, University LRT Station, and McMahon Stadium, as well as convenient access to schools, shopping, downtown Calgary, and the Trans-Canada Highway. Downtown is approximately a 10-minute drive away. Whether you are looking for an income-producing investment, a spacious home with rental potential, or an R-C2 development opportunity, this property offers outstanding versatility and potential in one of Calgary's most desirable inner-city communities.

2628 Capitol Hill Crescent Nw, Calgary

Courtesy of CIR Realty.

$899,000
3 Beds ⋅ 2 Baths ⋅ A2326685 MLS® #
Prime R-C2 development opportunity on a rare 52’ x 120’ oversized lot with back lane access in Banff Trail! Tucked away on a quiet street backing directly onto a strip of green space, this premium inner-city property offers limitless future potential. Location is unbeatable—steps from the U of C, McMahon Stadium, shopping, and transit with easy commute to downtown. The existing fully finished bungalow is completely liveable, making it the perfect turnkey holding property to generate steady rental income while drafting your development plans. Features a functional main floor with 2 bedrooms 3-piece bath, plus a separate-entrance to the lower level with a rec room, a 3rd bedroom and another 3-piece bath. The basement has a kitchennette but is not legally suited. Properties on this coveted street are rarely available. Don't miss out!

3207 Castle Road Nw, Calgary

Courtesy of Real Estate Professionals Inc..

$1,199,500
8 Beds ⋅ 6 Baths ⋅ A2323007 MLS® #
Spectacular duplex that offers investors a rare opportunity to acquire a fully furnished, cash-flowing four-unit property in a stronge rental location. Situated within walking distance of the U of C, Foothills hospital and the Banff Trail LRT Station, the property is fully leased and currently generates an excellent rental income.The property features 3,022 square feet above grade and an additional 1,270 square feet of developed basement space. The layout consists of two large three-bedroom spaces (main and upper level) along with two self-contained ( illegal)one-bedroom suites in the lower level. This mix of unit types appeals to a broad tenant base and helps support consistent occupancy.Both upper units have been updated with new white shaker kitchens featuring large islands, generous storage, and full appliance packages. Open-concept layouts, fireplaces, and large windows create bright and functional living spaces, while the upper unit benefits from vaulted ceilings. Each unit offers spacious bedrooms, including oversized primary bedroom with private ensuites. All bathrooms throughout the property have been renovated.The lower level contains two self-contained (illegal) one-bedroom suites, each with a private kitchen, bathroom, and living area. Large windows provide natural light, while durable tile flooring offers easy maintenance. Unit A has been upgraded with newer maple shaker cabinetry and updated bathroom fixtures.A key feature for both tenants and investors is the availability of laundry facilities on every level. Each upper suite has its own dedicated laundry room with full-sized washer and dryer, while the lower suites share separate laundry facilities.The property has been well maintained, with two high-efficiency furnaces installed in 2008 and serviced annually, along with two 40-gallon hot water tanks. Additional features include three private decks, a storage shed, and a large rear parking area accommodating up to four vehicles, with potential for additional tandem parking.With strong existing income, updated interiors, four revenue-generating suites, and a proven rental location, 2457 22A Street NW represents an excellent turnkey investment opportunity in Calgary's northwest market.

2457 22a Street Nw, Calgary

Courtesy of Diamond Realty & Associates Ltd.

$1,900,000
5 Beds ⋅ 4 Baths ⋅ A2320968 MLS® #
Welcome to this beautifully crafted luxury 2-storey home in the sought-after community of Banff Trail. Ideally located near the University of Calgary, Confederation Park, schools, shopping, transit, and major roadways, this home offers exceptional convenience and lifestyle.The bright open-concept main floor features soaring ceilings, hardwood flooring, a spacious living room with a gas fireplace, a family room, and a chef-inspired kitchen with premium finishes and a large island. Upstairs you'll find 3 generous bedrooms, including a luxurious primary suite with a spa-like 5-piece ensuite, a central bonus room, and convenient upper-floor laundry.Adding incredible value is the fully legal 2-bedroom basement suite with a separate side entrance, family room, and private laundry—perfect for extended family or rental income. Complete with a double detached garage, this exceptional property combines luxury, functionality, and investment potential in one of Calgary's most desirable inner-city neighbourhoods. All measurement are from previous listing and buyer to verify. Property is 70% completed. Price is for the both side by side units. No access to the property.

2828 24 Street Nw, Calgary

Courtesy of Coldwell Banker YAD Realty.

$859,000
6 Beds ⋅ 2 Baths ⋅ A2319547 MLS® #
Welcome to Banff Trail - Your Ideal Development Opportunity, subject to the City of Calgary approval. Nestled in the highly sought-after district of Banff Trail, this property boasts a prime location just blocks from the Confederation Park, William Aberhart High School, École Banff Trail and the University of Calgary. There are plenty of shopping centres nearby and is conveniently situated approximately 6 kilometres from downtown Calgary, where you can enjoy the perfect blend of tranquillity and urban accessibility. Embrace this 50' frontage property with R-CG zoning, offering an ideal canvas for new development projects subject to the City of Calgary approval. A rear detached single garage provides ample storage space, hobbies, or workshop needs. Adjacent to the garage is a triple gravel parking pad, enhancing convenience and functionality for residents and guests alike. This property features an older home with a three-bedroom illegal basement suite. With its solid foundation and existing structure, capitalize on the opportunity to renovate or reimagine the space to suit your preferences and lifestyle. Experience the vibrant community atmosphere of Banff Trail, characterized by its friendly neighbourhoods, nearby schools, and local amenities. Contact your favourite Agent for a viewing today and seize the chance to transform this property into your urban oasis in one of Calgary's most desirable neighbourhoods.

2848 24 Street Nw, Calgary

Courtesy of RE/MAX House of Real Estate.

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