Welcome to 2016 20 Street NW — a prime redevelopment opportunity nestled in the highly sought-after inner-city community of Banff Trail. This 50’ x 120’ (557 m²) lot is already zoned R-CG, allowing for a wide range of opportunities. Whether you're a developer looking to break ground on your next project, an investor seeking long-term value, or a homeowner planning a future custom build, this site offers exceptional potential in a location that continues to see strong reinvestment and transformation.
Situated on a quiet, tree-lined street just steps from Branton Junior High School, this property is perfectly positioned within walking distance to key amenities including the Banff Trail LRT station, the University of Calgary, and West Confederation Park. The surrounding area is a hub of ongoing redevelopment: The block has been revitalized with contemporary single-family infills, further affirming the street’s transition and long-term value.
The existing 1952 bungalow remains in livable condition, offering immediate holding or rental income potential while redevelopment plans are finalized. With a current land-use designation that supports density, the site is ready for visionaries to bring a new project to life.
In addition to its development upside, the location is a major draw. Enjoy walkable access to multiple levels of top-rated schools, including Banff Trail Elementary, William Aberhart High School, and Branton French Immersion Jr. High. Nature lovers and active families will appreciate proximity to both Confederation Park and Canmore Park, featuring bike paths, a duck pond, skating rinks, playgrounds, tennis courts, baseball diamonds, and even Confederation Park Golf Course. Major hospitals (Foothills and Alberta Children’s) are just a 5-minute drive or a 20-minute walk away, while retail amenities in Brentwood Village, the University District, and Market Mall ensure everything you need is close at hand.
With R-CG zoning already in place, a mature streetscape undergoing visible renewal, and strong long-term fundamentals, this property presents a rare opportunity to invest in one of Calgary’s most promising redevelopment corridors. Opportunities like this are limited—act now to secure your foothold in Banff Trail.
Data was last updated May 22, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$954,000
Min list price:
$599,900
Max list price:
$2,499,997
Avg days on market:
32
Min days on market:
1
Max days on market:
91
Avg price per sq.ft.:
$605.27
These statistics are generated based on the current listing's property type
and located in
Banff Trail. Average values are
derived using median calculations.
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.