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!
Data was last updated May 24, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
20
Avg list price:
$854,500
Min list price:
$175,000
Max list price:
$1,199,900
Avg days on market:
31
Min days on market:
1
Max days on market:
126
Avg price per sq.ft.:
$497.93
These statistics are generated based on the current listing's property type
and located in
Rosscarrock. 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.